CURRENT ACCOUNT SERVICE

  • Vietcombank receives deposits, manages, tracks balances and provides account services to customers swiftly and securely at the lowest cost.
  • When placing deposit at Vietcombank, Customers can open free-of-charge the following account types:
    1. Current account
    2. Special account: payment-only, collection-only, auto-invest, etc.

 

Customers

 Vietnamese organizations which are established and operating under Vietnam’s laws, foreign organizations which are established and operating under the laws of the countries where the organizations are established.
 
Benefits
 
  • Simple account-opening and transaction procedures
  • Select number account as desire.
  • Available VND or foreign currency account options
  • Money in account of Customer is safe and secured
  • Easy cash deposit and withdrawal at all Vietcombank branches
  • Conduct immediate transfer within Vietcombank’s network
  • Diversified and convenient payment service at the lowest cost through Vietcombank wide branch and correspondent network.
  • Modern e-banking services: VCB-Money, Internet banking
  • Exclusive supporting services: Auto-invest, central fund management, e-bank, etc.
To use
 
  • Customer can open accounts with any Branch of Vietcombank country-wide
  • Fill in the form Account-opening Application and provides required documents as instructed by the bank
  • Deposit and withdrawal methods:
    1. Deposit and withdrawal in cash
    2. Deposit and withdrawal by transfer: transfer check, certified check, payment order, collection order, etc.
 
Forms
 
Current forms of Vietcombank (See here)
 
Fees
 
Vietcombank current fee schedules (See here)
 
Contacts
 
For further information and product advice, please contact our specialists (See here)

TIME DEPOSIT SERVICE

 
In order to help Customers take advantage of the idle funds safely and most effectively, Vietcombank provides time deposit services with attractive interest rates together with varied and flexible terms, including time deposit accounts, certificates of deposit and promissory notes.
Customers
Customers who have temporary idle funds and want to earn interest on those funds.
Benefits
 
  • Simple account-opening and transaction procedures
  • Available VND or foreign currency account options
  • Deposit money of Customer is safe and  secured
  •  Attractive interest rates
  • Very flexible and various terms to meet Customers’ needs 
To use
 
  • Customer can open accounts with any Branch of Vietcombank country-wide
  • Simple depositing procedures: signing time deposit contract or use payment order
 
Fees
 
  Vietcombank current fee schedules (See here)
 
Contacts
 
For further information and product advice, please contact our specialists . (See here)

CENTRAL FUND MANAGEMENT

 
  • Based on the strength in modern technology and online transaction capability, Vietcombank can assist Customers in fund management by Central fund management service.
  • Using this service, everyday, Customers’ funds from sub-accounts of affiliates are automatically transferred to a Central Account . With this service, Customers can track and extract information on financial transactions carried out throughout the entire company.
  • The central management of fund doesn’t mean affiliates no longer have financial resources. In contrary, Central fund management service offers very flexible options to  Customers. In specific, Vietcombank and Customers can agree to maintain certain minimum balances on affiliates’ current accounts . 
 
Customers
 
For companies which have funds or revenues in many affiliates, central management of fund is essential.
 
Benefits
 
  • Financial resource is daily centralized. Moreover, managing fund in a Central Account helps Customers to improve financial effectiveness of the total capital and take advantage of the Bank’s favorable offers.
  • Needs of affiliates are met flexibly. With this service, Customers can solve the issue of fund deficit and surplus in affiliates, avoid the situation in which some affiliates have idle funds while others have to borrow.
 
To use
 
  • Customer provides Vietcombank with information on internal fund management status. Vietcombank will provide advice on suitable technical solution for Customers to consider and sign service-using agreement with Vietcombank.
  • Detailed information about transactions on accounts of affiliates and Central account will be provided fully to Customers. 
 
Fees
 
According to agreement
 
Contacts
 
For further information and product advice, please contact our specialists. (See here)

AUTO-INVEST SERVICE

 
Using this service, when the balance in Customers’ current account  exceed a certain amount called the peg amount, the excess fund will be automatically transferred to a special account - Auto-invest account. When the current account balance is lower than the peg amount fund will be automatically transferred from Auto-invest account to current account of Customers. 
 
Customers
 
Companies which have large and short term idle fund  and want to earn higher interest than that of current account.
 
Benefits
 
  • Auto-invest service brings many benefits to the Customers, improving effectiveness in using short-term idle fundmeanwhile ensuring flexibility.
  • Money in auto-invest account of the Customer earns higher interest than that in normal current account. Therefore, idle fund of the Customer gains higher economic effectiveness.
  • Before, when having short-term idle fund, to improve financial effectiveness, the Customer can put money in time deposit account. Money there can earn higher interest than that in current account if Customers can maintain the whole period (such as one month, or even 2 weeks.) However, when Customers have sudden change in fund using plan, Customers have to withdraw money immediately, money in time deposit account can’t earn high interest, although the Customer have maintained it almost the whole period. 
  • With auto-invest service, the Customer no longer needs to worry about changing financial plans:
    1. Use fund flexibly like current account as fund is automatically transferred between current account and auto-invest account
    2. Money earns higher interest than current account as interest on auto-invest account is calculated and paid daily.
 
To use
 
Customer only needs to sign service-using agreement with Vietcombank. Detailed information about transactions on Auto-invest and current account will be provided fully to the Customer. 
 
Fees
 
According to agreement
 
Contacts
 
For further information and product advice, please contact our specialists. (See here)