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 PROMISSORY NOTE

 

-         Vietcombank issues promissory note on the basis of its short-term fund demand for certain period.

-         Buying Vietcombank promissory note is a safe investment with high interest.

-         Nominated promissory note can be transferred in the forms of buying, selling, giving as present, inheriting.

-         Promissory note can be used as collateral for borrowing fund or discount at Vietcombank or other Credit Institutions (if accepted).

-         Vietcombank assure the safety and security of promissory notes.

 

Introduction:

-         User: all socio-economic institutions who are residents in accordance with current regulations of the Government.

-         Currency: VND and foreign currencies announced by Vietcombank periodically.

-         Forms: cash, traveller check, transfer

-         Denomination: min. VND 500.000; USD 100 (or equivalent in other currencies).

-         Kinds: Nominated and Bearer

-         Time: up to 1 year

-         Interest payment:

+ Post payment: pay once at the time of note settlement

+ Pre-payment: pay once at the time of note issuance; interest on the note is the difference between denomination and selling value.

+ Periodical payment:

 

Instruction:

-         Nominated promissory note: name of the holder is that of the institution.

-         For post interest payment: if you do not come for payment when the note comes due and you have no other request, Vietcombank shall automatically transfer both principal and interest into a demand account.

-         For periodical interest payment: if you do not come for payment when the note comes due and you have no other request, Vietcombank shall transfer the amount to a specific account and keep there for you (this amount shall not be paid interest).

-         Notes which are revised or overwritten shall not be paid. Bearer notes if are lost shall not be paid by Vietcombank and the Bank shall excused from any claims related.

-         If nominated notes are lost, note holders must submit to the issuing Bank a Loss Notice providing sufficient information and acknowledgement of local authorities or employer…

 

For more information, please contact the nearest office of our Vietcombank.

 

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Contact Address:

 

-         Saving Account Department

198 Tran Quang Khai, Hoan Kiem, Hanoi

        Tel: 8248 921 – 9343137 (0123-0126)

-         Accounting Department of Vietcombank Branch

or

-         Sub-branches of Vietcombank network

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 All rights reserved.