Suitable for: customers who have idle cash without a future plan of use, to earn interest on such amounts deposited with VietinBank.

Terms of use

• Customer Type
  • VND account: Vietnamese and foreign individuals living and working legally in Viet Nam.
  • Foreign currency account: Local residence individuals.
• Minimum Balance: 100,000 VND, 10 USD or an equivalent.    

Product Benefits

• Various currencies: VND, USD, EUR.
• Add or withdraw cash (partly or all) from account at any time, from any transaction place during working hours of Vietinbank.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable and ownership form could be selected.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• VND deposits are insured.
• Automatically receive due interest from term deposits/valuable papers.
• If necessary, receipt/dispense services are provided at your home.
• Other value added benefits are available.

Rates and fees

• Interest rate: demand deposit rates are applied. Rates are accrued each day and added to the pending account, then at the end of the month added to the principal.
• Fee: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: customers who have idle cash without a future plan of use, to earn interest on such amounts deposited with VietinBank.

Terms of use

• Customer Type: Vietnamese and foreign individuals living and working legally in Viet Nam.
• Minimum Balance: 5,000,000 VND.

Product Benefits

• Interest rates increase when the account balance increases.
• Add or withdraw cash (partly or all) from account at any time, from any transaction place during working hours of Vietinbank.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable and ownership form could be selected.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• VND deposits are insured.
• Automatically receive due interest from term deposits/valuable papers.
• If necessary, receipt/dispense services are provided at your home.
• Other value added benefits are available.

Rates and fees

• Interest rates: the maximum rates are the normal demand deposits rates at the branch plus margins of 1%; 1.5%, 2%; 2.5%, 3% corresponding to minimum deposit balances of 5, 10, 30, 50, and 100 million dongs.
• Fees: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: customers who have idle cash for a period of time, to earn interest on such amounts deposited with VietinBank.

Terms of use

• Customer Type
  • VND account: Vietnamese and foreign individuals living and working legally in Viet Nam.
  • Foreign currency account: Local residence individuals.
• Minimum Balance: 100,000 VND, 10 USD or an equivalent.

Product Benefits

• Various currencies: VND, USD, EUR.
• Flexible terms of 1 week, etc. to 60 months (as advertised by the Bank from time to time)
• Interest payment method: up-front payment, term-end payment, and periodic payment.
• Customers could deposit or withdraw cash from accounts at any transaction place of VietinBank during working hours; Customers could add to the account balance on the term-ending date without having to make a new account.
• Customers could withdraw parts or all of the cash in the account before the term ends while earning the interest rate equivalent to that on demand savings deposits. The remaining balance in the account, if any, earns the interest rate stipulated at the time of opening the account.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable and ownership form could be selected.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• Various account payment forms are available: wire transferring/cashing/interest accrued to the principal balance.
• VND deposits are insured.
• If necessary, receipt/dispense services are provided at your home.
• In case a verification of the account is needed for individual purpose, VietinBank shall perform such services for this type of savings.
• Other value added benefits are available.
• Information on the account balance is kept confidential.

Rates and fees

• Interest rates: use the normal term savings deposit rate schedule at each Branch.
• Fees: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: customers who have a large amount of idle cash with a clear future plan of use, to earn high interest on such amounts deposited with VietinBank.

Terms of use

• Customer Type
  • VND account: Vietnamese and foreign individuals living and working legally in Viet Nam.
  • Foreign currency account: Local residence individuals.
• Minimum Balance: 40,000,000 VND or 3,000 USD.
• Requirement: do not withdraw the account before the term ends.

Product Benefits

• Various currencies: VND, USD.
• Terms of:
  • VND: 3 months, 7 months, 13 months, 18 months and 24 months
  • USD: 3 months, 6 months, 9 months, 12 months, 18 months and 24 months
• Interest payment method: term-end payment.
• Interest increases as the account balance increases.
• If the customer withdraws all from the account before the term ends, the entire account earns the rate on demand savings deposits.
• Customers could deposit or withdraw cash from accounts at any transaction place of VietinBank during working hours; Customers could add to the account balance on the term-ending date without having to make a new account.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• Various account payment forms are available: wire transferring/cashing/interest accrued to the principal balance.
• VND deposits are insured.
• If necessary, receipt/dispense services are provided at your home.
• In case a verification of the account is needed for individual purpose, VietinBank shall perform such services for this type of savings.
• Other value added benefits are available.
• Information on the account balance is kept confidential.

Rates and fees

• Interest rates: use the normal term savings deposit rate schedule at each Branch.
• Fees: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: customers who have a flexible plan of use of cash during a cycle, to earn high interest on such amounts deposited with VietinBank according to actual deposit term.

Terms of use

• Customer Type
  • VND account: Vietnamese and foreign individuals living and working legally in Viet Nam.
  • Foreign currency account: Local residence individuals.
• Minimum Balance: 100,000 VND or 10 USD.
• Requirement: do not withdraw the account before the term ends.

Product Benefits

• Various currencies: VND, USD.
• Terms of: 1 month
• Cycle of term: 12 months
• If the customer withdraws all from the account before the term ends (before actual deposit time reaches 1 month), the entire account earns the rate on demand savings deposits.
• Interest payment method: term-end payment.
• Customers could deposit or withdraw cash from accounts at any transaction place of VietinBank during working hours; Customers could add to the account balance on the term-ending date without having to make a new account.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• Various account payment forms are available: wire transferring/cashing/interest accrued to the principal balance.
• VND deposits are insured.
• If necessary, receipt/dispense services are provided at your home.
• In case a verification of the account is needed for individual purpose, VietinBank shall perform such services for this type of savings.
• Other value added benefits are available.
• Information on the account balance is kept confidential.

Rates and fees

• Interest rates:
  • Normally, accounts earn the rate on normal savings accounts of 12 month term and term-end payment applied at the Branch at the time.
  • In case of total withdrawal before maturity: Customers could withdraw all from the account at any time during the cycle and earn the interest rate corresponding to actual deposit time.
• Fees: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: customers who need complete control on use of cash in the account according to selected terms of the account designated by the customers (except for term and rate which depend on actual deposit time). If the customers deposit cash for as long as a specified period, their accounts earn the fixed rates for such periods.

Terms of use

• Customer Type
  • VND account: Vietnamese and foreign individuals living and working legally in Viet Nam.
  • Foreign currency account: Local residence individuals.
• Minimum Balance: 100,000 VND or 10 USD.

Product Benefits

• Various currencies: VND, USD.
• Terms of: 6 months, 9 months, 12 months, 18 months, 24 months, and 36 months.
• If the customer withdraws one part from the account before the term ends, the withdrawn part earns the rate for the actual deposit time less some certain percentage, and the remaining balance in the account earns the original interest rate of the original term.
• Interest payment method: term-end payment.
• Various account payment forms are available: wire transferring/cashing/interest accrued to the principal balance.
• Customers could deposit or withdraw cash from accounts at any transaction place of VietinBank during working hours; Customers could add to the account balance on the term-ending date without having to make a new account.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• VND deposits are insured.
• If necessary, receipt/dispense services are provided at your home.
• In case a verification of the account is needed for individual purpose, VietinBank shall perform such services for this type of savings.
• Other value added benefits are available.
• Information on the account balance is kept confidential.

Rates and fees

• Interest rates:
  • Normally, accounts earn the rate on normal term savings accounts with term-end payment applied at the Branch at the time.
  • In case of total withdrawal before maturity: the accounts earn the rate on the actual deposit time less the margin of 0.1% per year for VND accounts and 0.05% per year for USD accounts.
• Fees: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: Vietnamese individuals staying abroad who need to open a savings account in Vietnam; or individuals with stable income and a clear future plan to use a large sum of cash for personal purpose such as purchasing land, constructing houses, getting married, purchasing tools, sending children to study abroad, remittance from parents to children, remittance from grandparents to grand children, etc.

Terms of use

• Customers type
  • VND accounts: Vietnamese and foreign individuals living and working legally in Vietnam.
  • Foreign currency accounts: Local residence individuals.
• Minimum account balance: 100,000 VND or 10 USD. In accordance with Decision No. 3525 dated June 30, 2010, the new minimum balance should be: 500,000 VND/50 USD;
• Required account balance: no less than the minimum account balance, where the first time deposit must be equal to the registered required account balance;

Product Benefits

• Terms of: 1 year, 2 years, 3 years, 5 years, and 10 years.
• Depositing frequency: per month, per two months, per three months, per four months, per six months.
• Interest accrual cycle: 1 year.
• Interest accrued to the principal for the next cycles will not be added to the periodic deposited amounts.
• Customers could not withdraw the account (part or in total) before the term ends.
• The amount deposited during the registered deposit term is not limited.
• The account could be used as the collateral for loans at Vietinbank.
• The account could be multiply owned or the ownership could be transferrable or designated to a third person.
• Deposit or withdrawal transactions could be made at any branch of Vietinbank.
• Customers could deposit early an unlimited amount; or deposit late within 10 days for the depositing frequency of per month, 20 days for the frequency of per two months, 30 days for the frequency of per three months, 40 days for the frequency of per four months, 50 days for the frequency of per six months. During late depositing periods, the accumulated amounts in the account still earn the current interest rate of the current cycle according to VietinBank regulations.

Rates and fees

• Interest rates are equal to the average rates on the 12 types of term deposit accounts less a certain percentage.
  • Interest rates are fixed during a specific cycle and adjusted to the market at the end of the cycle. The interest rate applied to the next interest cycle starts from the first day of the cycle and publicly listed at all Transaction Locations.
  • If beyond the allowed late depositing periods and the customer has not deposited cash into the account, VietinBank shall apply demand deposit rates on the accumulated original account balance until the customer puts in enough for the currently registered balance or until the account is completely withdrawn.
• Fees: are collected in accordance with Vietinbank’s current regulations. In addition, when customers need to change the registered periodic deposited amounts, they will pay a fee of 20,000 VND per time for adjusting this amount registration.

Application, Procedure

• Customers only need to fill in the cash submission form provided by VietinBank;
• National Identification Number Card/ Passport or equivalent valid documents.

Suitable for: customers who have idle cash for a specified period and who want to earn a floating rate on the deposited amount to hedge against interest rate risks. 

Terms of use

• Customer types
  • VND accounts: Vietnamese and foreign individuals living and working legally in Vietnam.
  • Foreign currency accounts: Local residence individuals.
• Minimum account balance: 100,000 VND or 10 USD.

  Product Benefits

• Various currencies: VND, USD.
• Terms of: 12 months, 15 months, 18 months, 24 months and 36 months.
• Periods for adjusting interest rates: per 1/2/3/6 month(s) (for the maturity term of 12 months), per 3/5 months (for the maturity term of 15 months), per 3/6 months (for the maturity term of 18, 24 months), per 1/2 month(s) (for the maturity term of 36 months).
• Flexible interest rates adjusted periodically are helpful for hedging against interest rate risks during deposit term for customers.
• Interest payment method: term-end payment.
• Various methods of payment of interest/principal: wire transfer/cash/ interest accrued to the principal.
• The savings account could be withdrawn before maturity term ends, the withdrawn amount shall earn the interest rate applied to the previous periods (if cashing interest and if the customers have not yet received periodic interest) and earn the demand deposit for the remaining days after the term ends, while the remaining principal in the account earns the interest rate currently applicable.
• Customers could deposit or withdraw cash from accounts at any transaction place of VietinBank during working hours; Customers could add to the account balance on the term-ending date without having to make a new account.
• Could be used as collaterals for loans at VietinBank.
• Ownership is transferrable.
• Authorization for others to withdraw cash from account (per time or frequently) is available.
• VND deposits are insured.
• If necessary, receipt/dispense services are provided at your home.
• In case a verification of the account is needed for individual purpose, VietinBank shall perform such services for this type of savings.
• Other value added benefits are available.
• Information on the account balance is kept confidential.

Rates and fees

• Interest rates:
  • The applied interest rate is the normal term deposit rate for the same maturity term at the branch.
  • In case the account is withdrawn before maturity: Customers earn the normal term deposit rates for the term of the deposit and the normal demand deposit rates for the remaining days outside the term.
• Fees: collected in accordance with current regulations of Vietinbank. 

Application, Procedure

• Customers only need to fill in the form provided by the Bank when depositing cash;
• National ID Card/ Passport or other equivalent valid documents.

The favorable foreign exchange rate deposit account is extended for customers who sell foreign currency to VietinBank and deposit VND so that the foreign exchange transaction is made in favorable rates for the customers.

Terms of use

• Vietnamese and foreign individuals living and working legally in Vietnam.
• Foreign currencies used for this type of account: USD, EUR;
• Minimum foreign currency amount: 1000 units of foreign currency
• Deposit account types:
  • Normal savings account with term-end payments for maturity terms of 1 month, 2 months, and 3 months.
  • Floating rate savings account with rate adjusting cycle of per 1/2/3 month(s).
• Currencies used for the deposit: VND
• Deposited amounts will not be less than the amount of foreign currencies sold to VietinBank for the time.

Product Benefits

• Customers’ foreign currencies are exchanged at a favorable rate at VietinBank.
• Customers are invited to participate in current promotion programs (if any) of VietinBank for the account product.
• The account could be used as collateral for loans at VietinBank. Ownership is transferrable and ownership form is appointed by customers. Authorizations for others to withdraw the account (per time or frequently) are available.
• If necessary, the Bank shall provide receipt/dispense services at home for the customers.
• Verifications of financial status are provided by VietinBank for personal purposes.
• Other value-added services are available at Vietinbank.
• Information on the deposit account is kept confidential.

Rates and fees

• Interest rates: are applied in accordance with normal term savings rate schedule or the floating rate savings deposit rate schedule used at the branch.
• Fees: are collected according to the current fee schedule at VietinBank (if any).

Application, Procedure

• Customers only need to fill in the cash submission form provided by the Bank;
• National ID Card/ Passport or other equivalent valid documents.

Suitable for: customers with a large amount of idle cash for a short period (1/2/3 weeks), who wish to earn flexibly adjusted floating rates on the deposited amounts for risk hedging reasons.

Terms of use

• Customer type: Vietnamese and foreign individuals living and working legally in Vietnam.
• Minimum account balance: 200,000,000 VND.

Product Benefits

• Currency used: VND.
• Terms of: 378 days.
• Interest rate adjusting cycle: 7 days (1 week), 14 days (2 weeks), 21 days (3 weeks).
• Interest rates are flexibly adjusted according to the adjusting cycle for interest rate risk hedging function for customers during the period.
• Interest payment method: term-end payment.
• Interest/Principal payment methods can be selected: wire transfer/ cash/ interest accrued to the principal.
• The account can be withdrawn before maturity term ends, where the withdrawn part earns the interest rate applied to previous cycle (if interest is paid by cash and the customer has not yet received the interest) and the interest rate for demand deposits for the days outside the cycle, and the remaining balance in the account earns the currently applied interest rates.
• Customers could deposit or withdraw cash from their accounts from any transaction location at any time during working hours with VietinBank; Customers could also add cash to the accounts on the term end day without having to conclude the account.
• The account could be used as collateral with the Bank. Account ownership is transferrable. Authorizations for others to withdraw from the account are available.
• VND deposits are insured.
• When necessary, receipt/dispense services are provided at home for customers.
• VietinBank will verify the account balance for customers’ personal purposes.
• Other value-added services are provided at VietinBank.
• Information on the account is kept confidential.

Rates and fees

• Interest rates:
  • The applied interest rate is the normal term deposit rate with term-end payment corresponding to interest adjusting frequency of per week/2 weeks/ 3 weeks (at the customer’s option) currently used at the Branch.
  • When the account is withdrawn before the term ends: Customers earn the normal term deposit rates for the deposit period during the cycle and the normal demand deposit rates for the days outside the cycle.
• Fees: are collected in accordance with VietinBank’s current regulations.

Application, Procedure

• Customers only need to fill in the cash submission form provided by VietinBank;
• National ID Card/ Passport, or equivalent valid documents.

Suitable for: customers who need to carry out financial transactions without involving cash (account transfer to other accounts either within or outside VietinBank system, receive salary/incoming account transfer/ submit cash, issue cheques, pay for commodity, service fees, etc.).

Terms of use

• Customer types
  • VND deposit accounts: Vietnamese and foreign individuals living and working legally in Vietnam.
  • Foreign currency deposit accounts: Local residence individuals.
• Minimum account balance: 100,000 VND; 10 USD or an equivalent amount in other foreign currency.

Product Benefits

• Various currencies: VND, USD, EUR.
• Safety for having to hold no cash, for no cash counting when making a payment and receiving a payment, for avoiding counterfeit note risks.
• Unlimited times to deposit more into the account or to withdraw from the account for cash use.
• Convenient account transactions at any point of service with VietinBank.
• Other value-added services are available at Vietinbank, such as: money transfer, AFT, Sweep, automatically cashing the due interest at the interest payment time on term deposits or valuable papers, and other settlement services with VietinBank.
• Have cheque books.

Interest Rates and fees

• Interest rates: are the rates applied on demand deposits.
• Fees: are collected in accordance with current fee schedules of VietinBank.

Application, Procedure

• Customers only fill in the cash submission form provided by VietinBank;
• National ID Card/ Passport, or other equivalent valid documents.

Suitable for: Vietnamese individuals who work abroad and need to send money to Vietnam into a savings account (either demand or term deposit account) that they own.

Terms of use

• Customer types: Vietnamese individuals, who will work abroad, before their departure, shall present their National ID Card/ Passport to VietinBank and open an account with the Bank. Please note that this type of savings account only applies for Vietnamese individuals who work abroad – according to the labor exportation scheme).
• Minimum account balance: 100,000 VND or 10 USD or an equivalent amount in other foreign currency.

Product Benefits

• Money sent from overseas are debited into demand savings deposit account/remittance savings account with term of 36 months and floating rate where the interest adjusting cycle is per 6 months for customers at VietinBank.
• Online account balance inquiries are free of charge.
• For term savings account, in case the account is withdrawn before maturity, the withdrawn part earns the normal term deposit rates for the days within the cycle and the normal demand deposit rates for the days outside the cycle.
• The account can be used as collateral for loans with VietinBank. Ownership is transferrable. And authorizations for others to withdraw the account are available.
• VND deposit accounts are insured.
• When necessary, receipt/dispense services are provided at home for customers.
• VietinBank shall verify the account balance for customers’ personal purposes.
• Other value-added services are available at Vietinbank.
• Account information is kept confidential.

Rates and fees

• Interest rates:
  • For demand savings account: the applied interest rates are the demand deposit rates escalated based on the account balance at the Branch.
  • For term savings account:
    • VND deposit account: the applied interest rates are the 36-month deposit floating rates used at the Branch with a rate adjusting cycle per 6 months.
    • USD deposit account: the applied interest rates are the 6-month savings deposit account rates used at the Branch.
• Fees: are collected in accordance with current VietinBank regulations.

Application, Procedure

• National ID Card/ Passport, or other equivalent valid documents.
• Request form to open the savings account; VietinBank form for registering service use.

Bill notes are a type of short-term valuable papers issued by VietinBank where the Bank commits to payback a certain sum of money on a certain day to the beneficiary designated on the order form or to a third party designated by the beneficiary.

Product information

• Various currencies: VND, USD.
• Terms: many flexible terms are available for customers, including 3, 4, 5, 6, 7, 9, 11 months, or 364 days.
• Interest payment method: cash/wire transfer/interest accrued to the principal. If on the interest payment day, the customers do not visit the Bank to receive the payment, the payment shall be debited to normal savings with term-end payments for the same term, or less than the applied term.

Product Benefits

• Attractive interest rates, higher than normal savings interest rates.
• Maturity matches customers’ time management.
• Fast and convenient procedures.
• Deposits are insured.
• Payment for the principal/interest can be made at any transaction location of Vietinbank.
• The account can be used as collateral for loans with VietinBank.
• Customers could deposit or withdraw from the account at any time, and VietinBank shall calculate and accumulate interest based on the balance at each month end.
• Customers using this product earn high interest rates based on the daily balance, and have chances to participate in other value-added services such as: automatic account transfer to demand savings account, paying for bank debt, automatic debiting interest on term savings deposit account to this product account (at the customer’s option choice);

A sinple, safe, and most convenient way to earn interest on idle cash with VietinBank Certificates of deposit. More conveniently, the interest rate is fixed, and terms of investments are fixed.

Product information

• Various currencies: VND, USD, EUR.
• Products are developed for each period per VietinBank policy.

Product Benefits

• On maturity date, the principal/interest payments could be made at any transaction location of VietinBank. Beyond maturity date, if customers do not come to take the payments, the principal and interest shall be kept for them by VietinBank and earn demand deposit rates for the days outside the maturity cycle.
• Competitive and attractive interest rates.
• Customers’ personal information is kept confidential.
• Products are insured.
• Ownership is transferrable. Products can be used as collateral for loans or as guarantees for third parties to borrow from VietinBank or from other credit organizations (if permitted by those organizations), and discounted according to current regulations.
• Customers earn interest besides the repayment of the principal.
• Buyers of Certificates of deposit could authorize other individuals to withdraw cash from the product, transfer the ownership of the product by selling, purchasing, making a gift to, or inheriting from others in accordance with legal regulations.
• Various interest payment methods:
  • Term-end payment: paid only once for the valuable paper on the maturity date.
  • Periodic payment: paid annually, where the first payment is made 12 months after the issuance date and the second payment is made together with the principal on the maturity date.