News
SeABank offer favorable conditions to importing enterpriser lending L/C at SeABank
22/08/2012
Aiming at continuously improving service quality, diversifying and utilizing products for customers, SeABank has officially introduced L/C UPAS (Letter of Credit Usance Paid at Sight - Deferred payment Letter of Credit) to importing enterprises.
On the introduction of new product, SeABank has also launched a promotion program named “L/C UPAS – Instant delivery, deferred payment” with many favorable conditions.
L/C UPAS is deferred payment Letter of Credit (L/C) exclusively issued by SeABank for importing enterprises in terms of L/C lending with low interest rate. With this new product, the exporter (Beneficiary) will receive instant payment from SeABank, while the importer (who orders to open a L/C) will enjoy the benefit of deferred payment duration up to 180 days.
On launching new product, from 15/8 – 31/12/2012, SeABank has introduced “L/C UPAS – Instant delivery, deferred payment” with many incentives as follows:
- Preferential interest rate for deferred payment is only 3.5% per year
- Customers are provided with foreign currencies for L/C payment
- Deferred payment duration is up to 180 days
- Flexible and low interest rate
With the introduction of L/C UPAS and many hot promotion programs, SeABank aims at providing an optimal financial solution to the importing enterprises who are in need of low interest loans.
