Product Description: is a demand deposit at Kienlongbank for depositing, maintaining credit balance and making payments via banks by cash and non-cash methods.
Target customers: Institutional customers.
Characteristic:
Deposit term: No term.
Deposit currency: VND, foreign currency.
Minimum deposit amount: 1,000,000 VND or 100 foreign currency units.
Interest rate: See interest rate schedule.
Fees: See fee schedule.
Use of account:
- Send, withdraw cash: by customers directly or through other persons.
- Request Kienlongbank to provide payments at counter or by electronic channels.
- Perform check payment services, payment orders, collection authorization, debit card, letters of credit, remittance, collections, and other value-added services in conformity with the law.
- For withdrawals from foreign currency accounts, it is required to present documents proving transaction’s validity and legality.