Product Description: is a deposit at Kienlongbank for securing fulfillment of financial obligations in business transactions of customers toward Kienlongbank or to related parties.

Target customers: Vietnam and foreign legal entities/individuals.

Characteristic:

Deposit term: Term / No term.

Deposit type: VND, USD.

Interest rate: Depending on business or purpose, Kienlongbank shall apply term or non-term rates.

Fees: See fee schedule.

Use of account:

• For opening and payment of letters of credit (L/C) at Kienlongbank.
• For issuance and payment of guarantee by Kienlongbank.
• Deposit as required to operate a number of businesses by the State's regulations such as travel, labor export, job introduction activities ... 

Other regulations: Depending on types of deposit, customer may or may not use the security deposit amount during business performance time.