The First Joint Venture Bank in Vietnam
Indovinabank Head Office







 
I. ACCOUNT OPENING AND MAINTENANCE
+ Account opening
: Free
+ Account maintenance
: Free
+ Inactive account maintenance (no transaction 180 days from last transaction)
- VND
 
: VND20,000./month
- USD
 
: USD10.00/month
+ Account statement
 
- Regular at counters
 
: Free
- Re-generating old accouint
 
: VND10,000
statement within 6 months
 
II. CASH DEPOSIT AND WITHDRAWAL

+ Cash deposits

 
At home branch's counters  
- VND : Free
- USD
Big notes : Free
Small notes : 0.50% Min USD2.00
- Other currencies : 1.00% Min USD5.00
At a different branch's counters  
- VND : 0.02%Min VND5,000
  : Max VND500,000
- USD
Big notes : USD2.00 / transaction
Small notes : 0.50% Min USD5.00
- Other currencies : 1.00% Min USD5.00
+ Cash withdrawal at counters
(If VND withdrawal is made within 02(two) woking days from a cash deposit, additional cash counting charge applied).
At home branch's counters :
- VND : Free
- USD : 0.20% (Min USD 2.00)
- Other currencies : 0.50% Min USD5.00
At a different branch's counters  
- VND : Free
- USD : 0.50% (Min USD 5.00)
- Other currencies : 1.00% Min USD 5.00

III. REMITTANCE
A. Local remittances
1. Book transfer same branch : Free
2. Book transfer inter- branch : Free
3. Inward (into IVB) : Free
4. Outward (out of IVB)  
Debiting from IVB account (if VND transfer is made within 02 working days from a cash deposit, additional cash counting charge applied)
- VND  
+ To banks in same town : VND5,000
+ To banks in different town : 0.05%
  : Min VND20,000. Max: VND600,000

+ Urgent cases or though SBV account

: 0.05%

  : Min VND20,000. Max: VND600,000
- USD and other currencies  
+ To banks in same town : USD 2.00
+ To banks in different town : 0.10%
 

Min USD2.00. Max USD50.00

B. International remitances
- Inward TT : 0.10%
  Min USD2.00. Max USD100.00
- Outward TT : 0.15%
  Min USD2.00. Max USD200.00
  Plus USD15.00 cable charge
  Charge OUR: at cost, Min USD25.00
- Bank draft : 0.15%
+ Issuing fees : 0.10%
  Min USD2.00. Max USD200.00
  Plus USD10.00 handling fees
Cancellation : USD25.00

IV. OTHER SERVICES
 
1. Cash counting charges
VND : 0.03% Min VND5,000
USD : 0.2% Min USD2.00
Other currencies : 1.00% Min USD5.00
2. Cash collecting and counting outside bank's premises : Actual cost, negotiable
3. Sub-standard VND cash exchange : 4.00%
4. Clean (cheque) coleection sent  
- To local banks  
+ Courier and handling charges : VND5,000./item
+ Settlement of collected proceeds : Free
- To off-shore banks  
+ Courier and handling charges : Actual cost, initial deposit USD55.00
+ Settlement of collected proceeds : 0.10%
  : Min USD50.00 Max USD100.00
5. Clean (cheque) collection received

 

+ Handling charges : Free
+ Settlement of collected proceeds : Actual cost (see remittance charges)
6.TC purchasing  
+ Cash over the counters : 2.00% Min USD2.00
+ Account deposit : 1.00% Min USD2.00
7. Cash advance against acceptable credit cards VISA, MASTER, JCB : 3.00% Min USD2.00
8. Mass payment instruction (salary payments,...)  
+ VND : VND50,000 for every 100 sub-item
 

: plus applicable remittance charges per

  : sub-item if being transferred out of IVB
+ USD : USD5.00 for every 100 sub-item
  : plus applicable remittance charges per
  : sub-item if being transferred out of IVB
9. Standing instructions  
+ VND : VND30,000 per month
  Max VND1,000,000.plus applicable remittance charge per sub-item
+ USD : USD2.00 per month
  Max USD100.00.plus applicable remittance charge per sub-item
V. MISCELLEANEOUS CHARGES
 
1. Supply of irregular statements / similar documents
From 06 months to 12 months : USD2.00
From 12 months to 24 months : USD5.00
Other than 24 months : USD10.00
2. Account statement by mail : VND10,000. / time
3. Account statement by fax : VND5,000. / page
4. Audit confirmation : USD5.00
5. Balance centification

: USD2.00

6. Other centification : USD10.00
7. Supply of IVB blank checks : USD0.50 / block
8. Stop payment / check lost : USD2.00 / check
9. following-up fees for over-due outstanding unfulfilled : CommitmentUSD5.00 / month
10. Amendment instructions : At cost
  Min USD1.00
11. Cancellation instructions : At cost
  Min USD1.00
12. Facsimile : USD10.00
Inside Vietnam : VND5,000. /page
Outside Vietnam : At cost
  Min USD5.00 / page
13. Telex  
Inside Vietnam : At cost
  Min USD5.00
Outside Vietnam : At cost
  Min USD10.00 / page
14. SWIFT miscelleneous messages  
Inside Vietnam : USD10.00
Outside Vietnam : USD20.00
15. Postage  
Within Vietnam : At cost
  Min VND5,000
Outside Vietnam  
- Asia zone

: At cost, Min USD35.00

- European zone : At cost, Min USD45.00
- American zone : At cost, Min USD45.00
- Africa zone : At cost, Min USD50.00
- Other zone : At cost, Min USD55.00
   
INDOVINABANK
http://www.indovinabank.com.vn
    Copyright © 2007 IVB all right reserved
Phone: (84.8) 822 4995