Day-Term-Deposit

 

Conditions & Procedures

• A term deposit contract will be entered into by the Bank and the Customer.

Application criteria

• Vietnamese organizations that are established and operate in accordance with the law of Vietnam.
• Foreign organizations that are established and operate under the provisions of the law of the home country.

Features

• Currency: VND.
• Term: Three days and more.
• Interest rate: As announced by Sacombank from time to time.
• Interest payment method: At maturity.
• Renewal method: Non-renewal.
• Preclosure interest rate:
  • Actual period of deposit < 3 days: Non-interest bearing.
  • Actual period of deposit >= 3 days: Non-term interest calculated on the actual days of deposit.
• Deposit method: In cash or by bank transfer.
• Deposit and withdrawal are allowed at any of Sacombank’s branches.