Overdraft foe large corporate

Name: Ngân hàng thương mại cổ phần Phương Đông
Address: Tòa nhà 41 (tầng trệt, lửng, lầu 1, lầu 2) và tòa nhà 45 Lê Duẩn - Phường Bến Nghé - Quận 1 - TP Hồ Chí Minh, Hồ Chí Minh, HCM, 700000, VN
Telephone: +84 1800 6678
Price range: $$$

A form of credit granting through approval for customers to spend more than the balance in their VND current account at OCB.

Targeted customer

Legal entities with recent annual revenue of at least VND 500 billion, or with total credit limit at OCB of at least VND 100 billion.

Features of product

Overdraft purpose

Supplement working capital for production and business activities

Disbursement method

Counter transfer or online overdraft

Overdraft currency

VND

Interest

Calculated on daily actual outstanding balance

Collateral

Accept various types of collateral and grant unsecured overdraft if customers meet product conditions

Advantages

Quick disbursement and no need to sign debt acknowledgment agreement when drawndown
Granting unsecured overdraft limit up to VND 20 billion for customers who having normal loans at OCB
Funding ratio on collateral value increases by 5% compared to OCB's regulations
Increasing capital management efficiency when combined with cash flow management solutions
Saving on interest costs with automatic debt collection when overdraft account has credit balance
Simple conditions and procedures

Fees and charges

Documents

Registration procedure

Please kindly fill in the form with your information, we will contact you in soonest time.

Categories

Short-term Credit

Overdraft For Corporate Enterrpises

SME Express Loan