Possible to be used as a mortgage when in need of the principal
Customer signs a contract with BIDV.
Minimum balance: VND100,000
Deposit terms: 1 month
Interest rate: Floating rate according to the interest rate quoted by the bank
It is possible for customers to withdraw part of the principal on maturity date
If customers withdraw the deposit before maturity date, no interest will be paid.
Customer closes the accumulative deposit account at the branch that opened the account.
Vietnamese Residents follow the regulations as below:
- “Grow up with Love” Accumulated Deposits: Apply for children under 15 years old. All banking transaction are conducted by their legal representatives.
- Bao An Accumulated Deposits: Apply for customers of 15 years old and above: Vietnamese resident customers, foreign individual customers are allowed to reside in Vietnam for a period of 6 (six) months and above.
Identification/Citizen identification card/ Passport of account holder/Legal representative; Children’s birth certificate (for the “Grow up with Love” Accumulated Deposits).
Agreement between customer and BIDV.
Simple, convenient transactions anywhere at anytime
Interest rates - Terms
Attractive interest rate, various deposit terms
Covered by deposit insurance
Minimum balance: VND1,000,000
Term: 1 week to 36 months
Interest payment method: At maturity
Online deposit anywhere at anytime
Fixed interest rate in the deposit period
Account balance can be pledged as collateral for bank loans
Premature withdrawal is allowed; account settlement can be made online or at any counters of BIDV
Various interest payment methods:
+ Interest added to principal at maturity
Target clients: E-banking users who are Vietnamese residents
Account balance can be used to confirm customers’ financial capability or to guarantee their relatives’ overseas travel and study, etc.
Premature settlement allowed.
Prompt transactions at all BIDV branches nationwide.
Ownership can be transferred when needed.
Target client: Vietnamese citizens being non-residents, foreign individuals being residents, foreign individuals permitted to reside in Vietnam for at least 6 months.
Depositors have to send and receive payments for term deposits via their own current accounts.
For foreign individuals, the term of deposit is no longer than valid time of depositors 's verification documents.
Residents and non-residents may not be joint term depositors. Organizations and individuals may not jointly deposit term deposits in foreign currencies. For joint term deposits, depositors may send and receive payments for term deposits via the join current account of all depositors.