The First Joint Venture Bank in Vietnam

Indovinabank Head Office

 
A.Import
1. documentary credits
- Issuance : 0.10% /month
  Min 1 month, Min USD20.00
  Plus cable USD30.00
- Admendment  
+ Amount increase / extension : 0.10% /month
Min 1 month, Min USD20.00
  Plus cable USD20.00
+ Others : USD20.00, Plus USD20.00cable
- Settlement of import bill under LC  
+ Payment commission : 0.15%Min USD25.00
  0.10% for amounts over USD500,000.00
+ Acceptance of usance bill :0.10% /month
  Min 1 month, Min USD20.00
- LC cancellation :USD50.00
   
2. documentary collection (D/P or D/A)
+ Handling charges : 0.125% per month (Min USD25.00
Plus cable charge of USD 40.00)
+ Payment commission :0.20%
  Min USD2.00 Max USD200.00
3. B/L endorsements, AWB assignment : USD5.00
4. Shipping guarantees under LC : USD30.00
B.Export
1. documentary credits
- Advising LCs  
  + IVB customers : USD15.00
  + Non-IVb customers : USD30.00
  (refundable USD10.00 LC advising charges on settlement of proceeds if documents are negotiated at IVB)
- Advising amendments : USD10.00
- Transfer LCs : USD50.00
- Settlement of export bill under LC : 0.15%
  Min USD20.00
- Bill negotiation under LC : Minimum 7 days at case by case negotiable interest rate
2. documentary collection (D/P or D/A)  
- Handling charges : USD4.00
    Plus applicable courier charges
- Settlement of collected proceeds : 0.10%
    Min USD2.00, Max USD200.00
C.Bank guarantee and Standby LC
1. Isuuance : 2.00% /year, Min VND300,000
2. Admendment
  + Amount increase / extension : 2.00% / year, Min VND300,000
  + Others : VND300,000
INDOVINABANK
http://www.indovinabank.com.vn
    Copyright © 2007 IVB all right reserved
Phone: (84.8) 822 4995