Authorized collection service
Benefits for the customers
- Collect payment of goods and services quickly and conveniently via VietinBank's network and payment channels;
- Minimize time and costs of receivables management;
- Minimize risks in cash transactions;
- Manage and use capital effectively.
Features
- A service performed by VietinBank at the request of an organization/business to collect a certain amount of money on the payer's account to transfer to the organization/business's payment account at VietinBank under the written agreement on collection authorization between the payer and the organizations/businesses;
- Form of collection: Via file and via each transaction;
- Transaction channel: Over the counter at VietinBank's network nationwide.
Eligibility conditions
- VietinBank and the organizations/businesses sign a Service Agreement/Contract;
- Organizations/businesses open payment accounts at VietinBank;
- The payer and the organizations/businesses must have a written agreement on payment by Authorized Collection via VietinBank;
- In case of automatic authorized collection: Payer must authorize/agree with VietinBank for automatic debit payment.