Discounting of valuable papers for individual customers
Proactively access funds from valuable papers before maturity with flexible discounting solutions from VRB
Proactive access to funds: Convert VP before maturity into funds to meet legitimate financial needs
Diverse VP accepted: VP within VRB’s prescribed list, including VP issued by VRB, BIDV, the Government, and the State Bank of Vietnam (SBV).png&w=96&q=75){kind=small}
Flexible discounting methods: Customers may choose term discounting or discounting with recourse to the VP, as agreed with VRB%25201.png&w=96&q=75){kind=small}
Flexible discounting tenor: The discounting tenor is agreed upon based on the remaining term of the VPProduct information
Target customers
Vietnamese individual customers and foreigners legally residing in Vietnam
Legally own valuable papers (VP) issued within Vietnam
Have sufficient financial capacity to repurchase the VP or fully settle the discounted amount, discount interest, and related costs as agreed with VRB
Product features
Eligible valuable papers (VP): Promissory notes, treasury bills, certificates of deposit, bonds, and other VP included in VRB’s list of accepted assets. Group I: Issued by VRB; Group II: Certain VP issued by BIDV, the Government, and the State Bank of Vietnam (SBV), in accordance with applicable regulations
Discounting methods: Term discounting of VP or discounting with recourse to the VP
Discounting tenor: As agreed between VRB and the customer, but not exceeding the remaining term of the VP. For Group II, the maximum discounting tenor is less than 1 year
Discount price: Determined/agreed based on the face value, value of the VP at maturity, level of risk, discount rate, and remaining term of the VP
Required documents
.png&w=64&q=75){kind=small}
Valid Citizen ID Card/Passport of the customer
Original VP/Certificate of ownership of the VP
%25201.png&w=64&q=75){kind=small}
Documents evidencing the purpose of using the discounted proceeds
.png&w=64&q=75){kind=small}
Documents evidencing the customer’s financial capacity
Other documents as required by VRB on a case-by-case basis
Interest calculator
The figures are for reference purposes only.
VND
%
Loan term
First month payment amount:174.166.667VND
Interest rate:9%
Total interest paid:26.250.000VND
Total repayment amount:1.026.250.000VND
FAQs
VP discounting is the purchase by VRB of the customer’s VP on a term basis or with recourse before the VP reaches maturity
VRB considers discounting VP that meet the applicable requirements, including promissory notes, treasury bills, certificates of deposit, bonds, etc., issued by VRB, BIDV, the Government, and the State Bank of Vietnam (SBV)
The VP must be legally issued, legally owned by the customer, free from disputes, not pledged or used to secure other obligations, transferable, not yet due for payment, and intact
There are two methods: term discounting of VP and discounting with recourse to the VP
The discounting tenor is agreed upon between VRB and the customer but must not exceed the remaining term of the VP
The discount amount is determined based on the face value, value of the VP at maturity, level of risk, discount rate, and remaining term of the VP
Yes. If the customer wishes to repurchase the VP before the end of the discounting tenor, the Branch and the customer shall agree on the early repurchase fee in accordance with VRB’s applicable regulations from time to time
Related products
Download App
Hotline
Download App
Copyright © 2026 Vietnam - Russia Joint Venture Bank