SHB provides a full package of products and services to finance Vietnam Airlines’ ticket agencies, including:
– Business overdraft
– Payment guarantee
– Current account number of choice
– Domestic remittance service and cash collection service
SHB provides business overdraft to ticket agencies to pay VIETNAM AIRLINES airfares and payment guarantees with simplified procedures, ensuring their easier access to capital.
Business overdraft | Bank Guarantee |
Usage: pay VIETNAM AIRLINES airfares | Payment guarantees as stipulated in Vietnam Airlines agency contract |
Term: Up to 12 months | Term: as stipulated in Vietnam Airlines agency contract |
Limit: equals to the fare sales revenue of 02 peak weeks within the last 12 months since the application for overdraft
Currency: VND |
Guarantee amount: equals to the fare sales revenue of 02 peak weeks within the last 12 months since the application for guarantees
Currency: VND |
Collateral: 90% of Overdraft limit/Payment Guarantee amount can be approved as unsecured loans | |
Disbursement: Money transfer via SHB online banking or at counters from overdraft bank account |