| 1. |
Issuance of Documentary Credit: |
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The issuance of documentary credit of ShinhanVina Bank is subject to The Uniform Customs and Practices for Documentary Credit (UCP500) of ICC and globally accepted. |
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Documentary credit can be issued in almost foreign currencies and type of documentary credit. |
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Documentary credit will be issued and transferred within the day through our worldwide correspondent banks after you satisfy our conditions for opening of documentary credit |
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 Document required:
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- Foreign trade contract or pro forma invoice
- Import License or quota (if any)
- Application for issuing Documentary Credit (bank form)
- Other documents at the Bank's request |
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| 2. |
Inward Collection: |
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We handle all documents for collection that received from oversea banks or from our correspondent banks. We will support you to make payment efficiently and safely to your foreign partner in the form of D/P or D/A. |
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Documents against acceptance (D/A) |
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Documents against payment (D/P) |
