Corporate banking


SCHEDULE OF CHARGE – CORPORATE BANKING

 
 
 
ITEMS
RATE
MIN
MAX
1
Opening
No charge
 
 
 
Minimum balance required
 
- VND
VND200,000
 
- USD
USD50
 
- Other foreign currency
Not required
2
Account maintenance (applied when the annual average balance below minimum level )
 
- VND
VND100,000/ year
 
 
 
- USD
USD equivalent to VND100,000/ year
3
Closing (within 12 months after opening)
 
 
 
- VND
VND20,000
 
 
 
- USD
USD2
 
 
4
Reactivating a closed account
No charge
 
 
I. CURRENT ACCOUNT
 
 
 
1
CASH
 
 
 
 
1.1
Deposit into account
 
 
 
 
 
In the same province/city where account is opened
No charge
 
 
 
 
In the province/city different from where account is opened
 
 
 
 
 
- of the owner himself only
0.01%
VND10,000
VND300,000
 
 
- of other people
0.02%
VND10,000
VND1,000,000
 
 
- Payment for principal and/or loan interest
No charge
 
 
 
1.2
Withdrawal from account
 
 
 
 
 
In the same province/city where account is opened
No charge
 
 
 
 
In the province/city different from where account is opened
0.02%
VND10,000
VND1,000,000
 
 
Note:
In case that customers withdraw money in the province, city where accounts are opened within 02 working days since the date of cash deposit into accounts, checking fee shall be applied
0.02%
VND10,000
VND1,000,000
 
 
In case that customers withdraw money in the province, city different from where accounts are opened within 02 working days since the date of cash deposit into accounts, checking fee shall be applied
0.03%
VND20,000
VND1,000,000
2
TRANSFER
 
 
 
 
2.1
Incoming transfer
 
 
 
 
 
Inward remittance
No charge
 
 
 
 
Inward remittance from other banks and cash withdrawal made on the same day
0.02%
VND10,000
VND1,000,000
 
2.2
Within SAIGONBANK’s network
 
 
 
 
 
Between accounts at SAIGONBANK
No charge
 
 
 
 
Beneficiary presenting ID for money receipt
 
 
 
 
 
- In the same province/city
No charge
 
 
 
 
- In different province/city
0.01%
VND10,000
VND500,000
 
 
Note:
In case that customers transfer money within 02 working days since the date of cash deposit into account, checking fee shall be applied
0.02%
VND10,000
VND500,000
 
2.3
Outside SAIGONBANK’s network
 
 
 
 
 
In the same province/city where account is opened
 
 
 
 
 
- Clearing payment
VND10,000/ item
 
 
 
 
- Inter-bank payment
 
 
 
 
 
. item < VND500,000,000
 
 
 
 
 
Documents delivered by 14hrs
VND10,000/ item
 
 
 
 
Express remittance
0.01%
VND20,000
 
 
 
. item ≥ VND500,000,000
0.01%
VND50,000
VND1,000,000
 
 
In the province/city different from where account is opened
0.05%
VND20,000
VND1,000,000
 
 
Note:
In case that customers transfer money within 02 working days since the date of cash deposit into account, checking fee shall be applied
0.02%
VND10,000
VND500,000
 
2.4
Pay out upon recipient list
 
 
 
 
 
Beneficiary’s account at SAIGONBANK
0.05%/ total amt or VND2,000/ person
 
 
Beneficiary’s account at another bank
Applied as B.I.2
 
 
 
 
Beneficiary receives money at another bank
Applied as B.I.2
 
 
 
2.5
Amendment, investigation, cancellation
VND10,000
 
 
II. FOR NON-SAIGONBANK ACCOUNT CUSTOMERS
 
 
 
1
CASH
 
 
 
 
1.1
For remittance within SAIGONBANK’s network to ID receivers
 
 
- In the same province/city
0.02%
VND10,000
VND500,000
 
 
- In different province/city
0.04%
VND20,000
VND1,000,000
 
1.2
For remittance outside SAIGONBANK’s network
 
 
 
 
 
- In the same province/city
0.04%
VND20,000
VND1,000,000
 
 
- In different province/city
0.07%
VND30,000
VND1,500,000
2
TRANSFER
 
 
 
 
2.1
From SAIGONBANK’s network to ID receivers
No charge
 
 
 
2.2
From other banks to ID receivers
0.03%
VND20,000
VND2,000,000
1
Cheques issued by SAIGONBANK
 
 
 
 
1.1
Blank cheque
VND10,000/ volume
 
 
1.2
Cheque encashment at SAIGONBANK
 
 
 
 
 
- In the same province/city
No charge
 
 
 
 
- In different province/city
0.02%
VND10,000
VND1,000,000
2
Collection of cheques issued by other local banks
 
 
 
 
Sending customer’s cheque for collection
VND10,000/ cheque
1
CASH
 
 
 
 
1.1
Deposit into account
 
 
 
 
 
USD   -  notes of USD50 and over
0.15%
USD2
 
 
 
 -  notes of USD5, 10, 20
0.30%
USD3
 
 
 
 - notes of USD1, 2
0.50%
USD3
 
 
 
EUR
0.55%
USD5
 
 
 
Other foreign currencies
0.80%
USD5
 
 
 
Traveler’s cheques
1%
USD5
 
 
1.2
Withdrawal
 
 
 
 
 
 - in same currency with the account’s
0.15%
USD2
 
 
 
 - in other currencies
0.2%
USD2
 
2
TRANSFER
 
 
 
 
2.1
Domestic incoming transfer
No charge
 
 
 
2.2
Transfer between accounts of SAIGONBANK’s network
 
 
 
 
 
In the same province/city where accounts are opened
No charge
 
 
 
 
In the province/city different from where accounts are opened
USD1/ item
 
 
 
2.3
Transfer to account outside SAIGONBANK network
 
 
 
 
 
In the same province/city where account is opened
USD2/item
 
 
 
 
In the province/city different from where account is opened
0.05%
USD2
USD50
I. INWARD REMITTANCE
 
 
 
1
Inward remittances
0.05%
USD2
USD100
2
Inward remittances received from local banks
0.03%
USD2
 
3
Remittance refund
USD5
 
 
4
Contact fee (in case customers are non- SAIGONBANK account holders)
USD1
 
 
II. OUTWARD REMITTANCES
 
 
 
1
By Telegraphic Transfer
 
 
 
 
Issuance of payment orders:
 
 
 
 
- Advanced payments
At least 0.2%
USD10
 
 
- Other payments
At least 0.18%
USD10
 
 
-For preferential customers
0.18% - 0.20%
USD10
USD300
 
Amendment of payment order
USD5 + correspondent banks’ service charge (if any)
 
Fees of foreign banks (if remitters agree to pay)
As per correspondent bank’s service charge
 
Cancellation of payment orders
USD5
 
 
 
Late document supplementation (as of the time SAIGONBANK issues the first written request)
USD5/week/document
2
By Bankdrafts
 
 
 
 
Issuance of Bankdrafts
0.1%
USD5/draft
USD100/ draft
 
Cancellation of Bankdrafts
USD5 + correspondent banks’ service charge
I. HANDLING
 
 
 
1
Cheque
USD1
 
 
2
Document
USD5
 
 
II. EXPORT COLLECTION
 
 
 
 
Settlement
 
 
 
1
One cheque
0.2%
USD5
USD100
2
One set of documents
0.15%
USD10
USD200
III. IMPORT COLLECTION
 
 
 
 
Settlement
At least 0.20%
USD15
 
 
For preferential customer
0.20%
USD15
USD500
IV. Cancellation of collection
USD10
 
 
V. Amendment of collection
USD10
 
 
VI. Payment refusal by overseas partner
On actual basis
 
 
VII. Transfer documents for collection to another bank
USD25 + postage
 
I. EXPORT
 
 
 
1
Advising LC
SAIGONBANK is the direct advising bank        USD15
SAIGONBANK is the 1st advising bank                         USD20
SAIGONBANK is the 2nd advising bank           USD10
2
Preliminary advice
USD5
 
 
3
Advising LC amendment
SAIGONBANK is the direct advising bank        USD5
SAIGONBANK is the 1st advising bank                         USD15
SAIGONBANK is the 2nd advising bank           USD5
4
Settlement for one document set
0.15%
USD15
USD150
5
Confirmation of export L/C
VAT not applied
 
 
 
For at sight L/C: one off charge counted as of the advising date of the confirmed L/C to its expiry date.
1%/ p.a
USD25
 
 
For deferred L/C: one off charge counted as of the advising date of the confirmed L/C to its maturity date.
6
Transferring L/C
 
 
 
 
To domestic beneficiary
USD20
 
 
 
To overseas beneficiary
USD30
 
 
 
Amending transferred L/C for domestic beneficiary
USD10
 
 
 
Amending transferred L/C for overseas beneficiary
USD15
 
 
7
L/C Cancellation
USD10 + overseas bank fees (if any)
8
Charge upon document preparation as per L/C
As per agreement
 
 
9
Documents checked but not sent upon customer’s request
USD20 à USD50
 
 
10
Documents checked but not paid by overseas banks
USD10
 
 
II. IMPORT
 
 
 
1
L/C issuance
VAT not applied
 
 
 
100% deposit
At least 0.075%
USD20
 
 
For preferential customer
0.075%
USD20
USD300
 
Below 100% deposit
At least 0.075%
USD30
 
 
For preferential customer
 
 
 
 
- For deposited amount
0.075%
 
 
 
- For non-deposited amount
0.15%
USD30
USD500
 
No deposit
0.20%
USD50
USD600
2
Issuance of preliminary L/C
USD10 (VAT not applied)
3
Amendment to increase L/C amount
Same as L/C issuance
4
Other amendment
USD10 (VAT not applied)
5
Payment
At least 0.2%
USD20
 
 
For preferential customer
0.2%
USD20
USD400
6
Acceptance of usance draft
VAT not applied
 
 
 
100% deposit
0.05%/ month
USD50
 
 
Below 100% deposit
0.1%/ month
USD50
 
7
Cancellation at the local customer’s request
USD10 + overseas bank fees (if any)
8
Bill of lading endorsement
 
 
 
 
Full set of B/L have arrived at SAIGONBANK
USD5/bill
 
 
 
Only 1/3 set of B/L has arrived at SAIGONBANK
USD10/bill
 
 
9
Return of documents under L/C terms
USD20/ set  + actual costs arisen
I. INTERNATIONAL GUARANTEE
 
 
 
1
Issuance of bank guarantee, standby L/C
VAT not applied
 
 
 
100% deposit
Min 0.04%/ month
USD20
 
 
Below 100% deposit
Min 0.1%/ month
USD50
 
 
Against counter guarantee of a local bank
0.083%/ month
USD20
 
 
Against counter guarantee of a well known foreign bank
2
Amendment of bank guarantee, standby L/C
VAT not applied
 
 
 
- Increase in amount
Same as issuance
 
 
 
- Extension of expiry date
 
 
 
- Others
USD10
 
 
3
Payment of bank guarantee, standby L/C
At least 0.2%
USD20
 
 
For preferential customer
0.2%
USD20
USD400
4
Cancellation of bank guarantee, standby L/C
USD15
 
 
5
Confirming bank guarantee
0.17%/ month
USD50 (VAT not applied)
6
Shipping guarantee
USD50/ bill (VAT not applied)
7
Advising bank guarantee issued by a foreign bank
USD20
 
 
8
Advising bank guarantee amendment
USD10
 
 
9
Verifying the signature on bank guarantee/  bank guarantee amendment as per local customer’s request
USD10
 
 
II. DOMESTIC GUARANTEE
 
 
 
1
Issuance
VAT not applied
 
 
 
100% deposit
0.05%/ month
VND300,000 or USD15
 
 
Below 100% deposit
 
 
 
 
- For deposited amount
0.05%/ month
 
 
 
- For not-deposited amount
 
 
 
 
. Secured by account balance, savings account balance, valuable documents issued by SAIGONBANK
0.1%/ month
VND300,000 or USD15
 
 
. Secured by account balance, savings account balance, valuable documents issued by other financial organizations or government bond
0.12%/ month
VND350,000 or USD18
 
 
. Secured by real estate
0.14%/ month
VND400,000 or USD20
 
 
. Secured by others assets
0.16%/ month
VND500,000 or USD25
 
 
. No collaterals
0.3%/ month
VND1,000,000 or USD50
 
 
Note:
In case a guarantee is secured by 2 collateral types or more, the highest minimum rates designed for diverse collateral types will be applied.
 
Bilingual guarantee issuance (Vietnamese - English)
Same as issuance + VND150,000
 
Guarantee issuance customized per clients’ request  and approved by SAIGONBANK
Same as issuance + VND200,000
2
Amendment
VAT not applied
 
 
 
Increase in amount, extension of expiry date
Same as issuance
 
Others
VND200,000 or USD15
3
Confirmation to a guarantee issued by SAIGONBANK
VND300,000 or USD15 (VAT not applied)
4
Guarantee/ confirmation to a guarantee issued by other institutions
Same as issuance
5
Guarantee cancellation
 
 
 
 
- Due to guarantee expiration
No charge
 
 
 
- As per customer request
VND200,000
 
 
6
Commitment letter for credit granting
 
 
 
 
- up to VND10 billion
VND1,000,000
 
 
 
- above VND10 billion up to VND50 billion
VND3,000,000
 
 
 
- above VND50 billion up to VND100 billion
VND5,000,000
 
 
 
- above VND100 billion
VND10,000,000
 
 
I. CURRENCY EXCHANGE
 
 
 
1
Exchange traveller’s cheque
1%
USD2
 
2
Exchange one foreign currency for another
No charge
 
 
3
Exchange of bigger foreign denominations for smaller ones.
No charge
 
 
4
Exchange of smaller foreign denominations for bigger ones.
1%
USD2
 
5
Exchange cash below standards for circulation
 
 
 
 
Deformation due to circulation
No charge
 
 
 
Deformation due to preservation
3.64%
VND2,000
 
II. CHECKING AND COUNTING SERVICE FOR CASH IN VND
 
 
1
On-site
 
 
 
 
- denominations of VND20,000 or above
0.03%
VND100,000
VND1,500,000
 
- denominations of VND10,000 or below
0.05%
VND100,000
VND3,000,000
2
Off-site
 
 
 
 
- denominations of VND20,000 or above
0.05%
VND500,000
VND3,000,000
 
- denominations of VND10,000 or below
0.1%
VND500,000
VND3,000,000
III. VERIFYING FOREIGN CURRENCY
USD0.2/ sheet
 
 
IV. OFF-SITE COLLECTION AND DELIVERY
As per agreement
 
 
1
Correspondent bank test verification for domestic bank
USD5 or as actually incurred
2
Forwarding message of correspondent bank to another domestic bank
Max USD55
 3
Syndicated finance
0.05%/ p.a/ loan outstanding granted by syndicated credit organization
4
Certificate of deposits for corporate establishment
VND50,000
5
Lending the original of collateral file
VND200,000 -> VND500,000
6
Confirming that the original of collateral file is currently retained by SAIGONBANK
VND200,000 -> VND500,000
7
Retrieving and/or supplying copied documents per request
 
 
 - Document ≤ 1 year
VND10,000/ document
 
 - Document > 1 year
VND30,000/ document
8
Providing true certified copy of original documents
VND2,000/ sheet
9
Issuing the Account Confirmation per request
VND50,000 (for max 02 original copies, VND5,000/ copy shall be collected from the 3rd copy)
10
Account statement as per request
 
 
Account statement
VND3,000/ sheet       Min VND10,000
 
Re-printing transaction statement of the current month
VND2,000/ sheet
11
Advising the balance by SMS
VND9,000/ month
12
Others
VND100,000
1
Issuance of L/C or bank guarantee
USD25
2
Amendment of L/C or bank guarantee
USD15
3
Payment of L/C or bank guarantee or collection, made by local customer
USD20
4
Others
USD10
 

N. INTERNET BANKING

NO.
ITEMS
PACKAGES
e-STANDARD
e-OTP
e-PKI
A
SERVICE FEES
1
Service registration
No charge
No charge
No charge
2
Maintenance
 
 
 
2.1
Monthly
VND20,000
VND40,000
VND60,000
2.2
Quarterly
VND60,000
VND120,000
VND180,000
2.3
Yearly
VND240,000
VND480,000
VND720,000
3
Information amendment/ cancellation/ modification
VND10,000/ time
VND10,000/ time
VND10,000/ time
4
Service cancellation
VND10,000
VND20,000
VND20,000
5
Re-issuing static password
VND20,000
VND20,000
VND20,000
B
SECURITY EQUIPMENT EXPENSES
1
OTP security equipment
 
 
 
1.1
Purchasing expenses
-
VND450,000/ item
VND450,000/ item
1.2
Annual fee for using equipment
-
VND100,000/ item
VND100,000/ item
2
Digital signature security equipment
 
 
 
2.1
Purchasing expenses
-
-
VND730,000/ item
2.1
Annual fee for using equipment
 
 
VND100,000/ item
C
TRANSACTION FEES
1
Internal transfer
-
No charge
No charge
2
Others
As per prevailing provisions of SAIGONBANK
 
 
NOTE
 
1. Except otherwise stipulated, VAT is not yet included in above fees.
2. Relevant fees for above-mentioned services exclude postal, telegraphic fees and costs from other banks except otherwise stipulated in the schedule, these costs will be collected as incurred.
3. Fees applied will not be refunded notwithstanding the request for service cancellation.
4. For fees in foreign currency, in case payments to be made in VND or another foreign currency, the prevailing selling rate offered by SAIGONBANK will be applied.
5. Fees will be immediately collected upon request of services or at the end of the transaction.
6. Guarantee commission is monthly calculated and on a full month basis.
7. The account holder means the owners, representatives of organizations, enterprises, the cashiers who are registered with SAIGONBANK.
8. SMS fee will be automatically collected on the 25th of each month, in case of insufficient balance, charges will be cumulatively counted in the following month.
- If fees/charges are not yet paid within 6 months, SAIGONBANK will stop providing services.
- If an account is closed at midmonth, SMS fee and account closure fee will be collected.