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PROMISSORY NOTE
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Vietcombank issues promissory note on the basis of its short-term fund
demand for certain period.
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Buying Vietcombank promissory note is a safe investment with high
interest.
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Nominated promissory note can be transferred in the forms of buying,
selling, giving as present, inheriting.
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Promissory note can be used as collateral for borrowing fund or discount
at Vietcombank or other Credit Institutions (if accepted).
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Vietcombank assure the safety and security of promissory notes.
Introduction:
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User: all socio-economic institutions who are residents in accordance with
current regulations of the Government.
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Currency: VND and foreign currencies announced by Vietcombank
periodically.
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Forms: cash, traveller check, transfer
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Denomination: min. VND 500.000; USD 100 (or equivalent in other
currencies).
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Kinds: Nominated and Bearer
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Time: up to 1 year
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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:
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Nominated promissory note: name of the holder is that of the institution.
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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.
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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).
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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.
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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:
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Saving Account Department
198 Tran Quang Khai, Hoan
Kiem, Hanoi
Tel: 8248
921 –
9343137 (0123-0126)
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Accounting Department of Vietcombank Branch
or
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Sub-branches of Vietcombank network
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2001 IT Center of Vietcombank.
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