What benefits do corporate customers get when using international payment services at Agribank?
Agribank has a global correspondent banking system that helps transactions to be processed quickly and conveniently, limiting the involvement of intermediary banks; competitive exchange rates and transaction processing costs, processed by a team of well-trained and specialized international payment officers throughout the system. 
If a business wants to transfer money to an export partner in the US, how long does it take for the partner to receive the money? Agribank makes international money transfers via the SWIFT system with a wide network of Nostro/Vostro account banks. Normally, money transfers to the US market are effective on the same day as the transfer date. If a business signs a contract to export goods to China and agrees on the payment method of money transfer or immediate collection, how long will it take to receive the payment? The payment time depends on the payment method agreed upon by both parties in the Contract. Customers can receive payment within 1-2 working days from the time the import partner makes the transfer. What are the advantages of issuing a letter of credit (L/C) through Agribank? Agribank has a worldwide correspondent banking system that helps notify L/Cs to exporters quickly and easily. Customers are advised on L/C issuance documents in accordance with international trade practices to help limit risks for importers and are processed by a team of well-trained and specialized staff throughout the system. Why should businesses request export L/Cs to be notified via Agribank? Agribank notifies L/Cs to export customers upon receiving L/Cs via the SWIFT system or authenticates signatures by letter to ensure the authenticity of the L/C. L/C notification services are provided quickly and widely at competitive costs and advise on terms and conditions for beneficiaries to present appropriate sets of documents. Can a company's export partner receive payment in their own currency rather than a freely convertible currency, such as MYR (Malaysian Ringgit) or SEK (Swedish Krona)? Agribank provides multi-currency money transfer services with more than 100 foreign currencies, helping beneficiaries in different countries receive payments in the currency that customers request to transfer according to the currency of the foreign trade contract. What incentives do our businesses enjoy when making import-export payments through Agribank? Agribank regularly implements incentive programs for import-export enterprises, including programs implemented synchronously throughout the system and incentive packages according to each branch's own policies on interest rates, exchange rates, fees or other preferential conditions. Customers update incentive information through the website, fanpage and Agribank's transaction points nationwide. Outstanding advantages of Agribank's UPAS L/C product? UPAS L/C allows the buyer to pay immediately to the seller while still enjoying a maximum deferred payment period of up to 365 days. This advantage will help businesses increase liquidity, improve cash flow, maintain and expand relationships with partners. The seller receives payment immediately/before the payment deadline, helping to speed up cash flow and improve business efficiency. What advantages does Agribank's UPAS L/C product have over UPAS L/C products at other commercial banks? Agribank has a large correspondent banking system worldwide, with many large and reputable banks granting funding limits, so Agribank's funding fees will be more competitive than other commercial banks, thereby reducing costs for businesses. Does Agribank issue foreign guarantees through the SWIFT system? Agribank issues foreign guarantees through the SWIFT system with a network of correspondent banks worldwide. Customers are advised on procedures, types of guarantees and forms of guarantees suitable to their needs. Customers who need to learn more detailed information about Agribank's international payment services can contact the Customer Care and Support Center: 1900558818/ 024.32053205 or at Agribank's transaction points nationwide.
If a business wants to transfer money to an export partner in the US, how long does it take for the partner to receive the money? Agribank makes international money transfers via the SWIFT system with a wide network of Nostro/Vostro account banks. Normally, money transfers to the US market are effective on the same day as the transfer date. If a business signs a contract to export goods to China and agrees on the payment method of money transfer or immediate collection, how long will it take to receive the payment? The payment time depends on the payment method agreed upon by both parties in the Contract. Customers can receive payment within 1-2 working days from the time the import partner makes the transfer. What are the advantages of issuing a letter of credit (L/C) through Agribank? Agribank has a worldwide correspondent banking system that helps notify L/Cs to exporters quickly and easily. Customers are advised on L/C issuance documents in accordance with international trade practices to help limit risks for importers and are processed by a team of well-trained and specialized staff throughout the system. Why should businesses request export L/Cs to be notified via Agribank? Agribank notifies L/Cs to export customers upon receiving L/Cs via the SWIFT system or authenticates signatures by letter to ensure the authenticity of the L/C. L/C notification services are provided quickly and widely at competitive costs and advise on terms and conditions for beneficiaries to present appropriate sets of documents. Can a company's export partner receive payment in their own currency rather than a freely convertible currency, such as MYR (Malaysian Ringgit) or SEK (Swedish Krona)? Agribank provides multi-currency money transfer services with more than 100 foreign currencies, helping beneficiaries in different countries receive payments in the currency that customers request to transfer according to the currency of the foreign trade contract. What incentives do our businesses enjoy when making import-export payments through Agribank? Agribank regularly implements incentive programs for import-export enterprises, including programs implemented synchronously throughout the system and incentive packages according to each branch's own policies on interest rates, exchange rates, fees or other preferential conditions. Customers update incentive information through the website, fanpage and Agribank's transaction points nationwide. Outstanding advantages of Agribank's UPAS L/C product? UPAS L/C allows the buyer to pay immediately to the seller while still enjoying a maximum deferred payment period of up to 365 days. This advantage will help businesses increase liquidity, improve cash flow, maintain and expand relationships with partners. The seller receives payment immediately/before the payment deadline, helping to speed up cash flow and improve business efficiency. What advantages does Agribank's UPAS L/C product have over UPAS L/C products at other commercial banks? Agribank has a large correspondent banking system worldwide, with many large and reputable banks granting funding limits, so Agribank's funding fees will be more competitive than other commercial banks, thereby reducing costs for businesses. Does Agribank issue foreign guarantees through the SWIFT system? Agribank issues foreign guarantees through the SWIFT system with a network of correspondent banks worldwide. Customers are advised on procedures, types of guarantees and forms of guarantees suitable to their needs. Customers who need to learn more detailed information about Agribank's international payment services can contact the Customer Care and Support Center: 1900558818/ 024.32053205 or at Agribank's transaction points nationwide.
![[Photo] Prime Minister Pham Minh Chinh receives the head of the Republic of Tatarstan, Russian Federation](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/3/21/7877cb55fc794acdb7925c4cf893c5a1)
![[Photo] Meet the pilots of the Victory Squadron](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/3/21/fd30103acbd744b89568ca707378d532)
![[Photo] Overview of the Workshop "Removing policy shortcomings to promote the role of the private economy in the Vietnamese economy"](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/3/21/d1c58c1df227467b8b33d9230d4a7342)
![[Photo] Prime Minister Pham Minh Chinh receives French Minister in charge of Transport](https://vstatic.vietnam.vn/vietnam/resource/IMAGE/2025/3/21/aa649691f85546d59c3624b1821ab6e2)
Comment (0)