International Payment

Outward Remittance

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1. Introduction

Your company needs to transfer money overseas? No more worries about procedural of legal issues, Outward Remittance service from DongA Bank is the answer to your concern. Our service allows enterprises to make payment for imported goods, services and all kinds of payment complied with Vietnam provision of foreign exchange management, assisting them in diversifying business activities.


2. Product features

  • Advance remittance: Payment made before delivery of goods and services
  • Deferred payment: Payment made after completion of procedures for imported goods or after delivery of services.  


3. Benefits

  • Fast, accurate and highly secure
  • Reasonable service charge
  • Detailed instructions and good service from staff
  • Customers shall be considered for Loan for payment of imported goods  

 

4. Service fees 

 Click here for fees and charges


5. Documents 

- Request form for outward remittance (DongA Bank sample)
- Request form for purchasing foreign currency (DongA Bank sample)
- Payment documents:

a. Payment of imported goods:

  • Sales contract
  • Import and export declaration
  • Invoice
  • Authorization contract (in case customer is the authorizing party)
  • Registration of foreign borrowing and paying issued by State Bank of Vietnam (If the contract or schedule to the contract indicates term of partial settlement or blanket settlement of the contract in  more than 1 year
  • In case of Advance remittance: Import and export declaration and Invoice will be supplemented to DongA Bank, after completing of import procedures.

b. Payment of service:

  • Service contract.
  • Related documents, depending on service kind

c. Other payment: Documents as requested by Vietnam provision of foreign exchange management

 

6. Contacts:

For enquiries or further instructions, please contact:
• Head office/Branches/Transaction Offices/24h Transaction Offices of DongA Bank or
• Customer Service Center
   Hotline: 1900545464
   Email: 1900545464@dongabank.com.vn


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