To meet the needs of corporate customers who need to open an escrow account to complete the business establishment documents/procedures or to maintain business throughout operation in accordance with the laws.
Features:
- Customers: Corporate customers
- Currency: VND.
- Escrow duration: From the time of opening the escrow account to the time the customer is allowed to close the escrow account in accordance with the laws
- Interest rate: According to the deposit interest rate schedule of VietABank from time to time.
- Escrow amount: VietABank confirms the escrow amount is exactly equal to the balance on the Customer's escrow account and freeze this amount during the escrow period.
Escrow limit:
| Escrow industry | The escrow amount follows current regulatory provisions |
| International travel businesses | Travel businesses for inbound tourists to Vietnam: VND 250,000,000 - Travel businesses for outbound tourists or inbound tourists: VND 500,000,000 |
| Employment service businesses | Minimum escrow: VND 300,000,000 |
| Guess worker service businesses | Escrow level of service businesses: VND 1,000,000,000 |
| Labor sub-leasing businesses | Escrow level: VND 2,000,000,000 |
Benefits:
- Attractive interest rate, which is added directly to the escrow amount for use.
- Simple procedures – fast turnaround time, responsiveness to customer needs
- Consulting and support by professionals.
Documents:
- Escrow deposit contract.
- Deposit request form.
- Application form for account opening and Legal documents (for businesses that do not have a current account at VietABank)
Contact: ♛For more information about the program/product, p🍬lease contact:
- Hotline: 1900 555 590
- Or the nearest VietABank transaction points nationwide