Credit Financing for Airline ticket Agents

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: $$$

This is a form of credit financing under payment guarantees for airline ticket agents ensuring their obligations to Airlines, and/or as overdraft limit in purpose of paying air tickets to Airlines

Targeted customer

Target agents of Airlines, IATA in need of payment guarantee and/or overdraft limit at OCB

Features of product

Loan purpose

To ensure the payment obligation and/or payment of air-tickets to Airlines/IATA

Forms of financing

Payment guarantee, overdraft limit

Guaranteed credit limit

Tối đa theo thỏa thuận của Đại lý với IATA/ HHK

Giá trị cấp thấu chi tối đa

Up to 100% value subject to the agreement between agents and Airlines/IATA

Overdraft limit

Up to 90% of guaranteed credit limit or VND 5 billion in case of no guarantee issuance

Loan tenor

Up to 12 months for overdraft limit subject to the agreement between the agents and Airlines/IATA for payment guarantee

Collateral

Non collateral or collateral accepted by OCB

Advantages

Unsecured financing of up to VND 50 billion
Low deposit ratio, replaceable of other collaterals
Competitive interest rate and fee
Simple criteria and loan approval process

Registration procedure

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

Categories

Industry and Field

Financing for Satellite Partners of Investor/Main Contractor