In order to bring more benefits to its corporate customers, Vietnam Export Import Commercial Joint Stock Bank (Eximbank) has recently launched the product “Centralized deposit management”. This is an optimal financial management solution to help enterprises to manage and balance the capital of their affiliates to centralize daily financial resources for financial efficiency maximizing
Eximbank shall provide the following services
+ Manage the minimum or maximum deposit balance of sub account.
+ Manage the payment limit of sub account.
+ Manage the funds transfer limit from main account to sub account.
+ Manage the number of funds transfer from main account to sub account.
Utilities:
- Manage and control the cash flow better: manage account, as well as obtain information on sales and cost of each affiliate through Internet banking or through the general account statements
- Maximize the profitability of capital: The balance of the main account is entitled to attractive interest rates on the principle that the higher the balance at the end of the day is, the higher interest rates they can get
- Reduce bank overdraft interest: flexibility in meeting capital requirements for the affiliates without paying bank overdraft interest.
- Maximize costsaving for enterprises: lower transaction and administrative costs for funds transfer among affiliates.
- Entitled to overdraft limit consideration upon request.
- Access account information through Internet Banking.
Product features:
- Applicable subjects: corporate customers.
- Conditions for use of the service: Customers have a number of affiliates having accounts at Eximbank.
- Currency: Vietnam dong (VND).
- Applicable interest rates: The balance of the main account is entitled to attractive interest rates on the principle that the higher the balance at the end of the day is, the higher interest rates they can get.
- Management services:
+ Manage the minimum or maximum deposit balance of sub account.
+ Manage the payment limit of sub account.
+ Manage the funds transfer limit from main account to sub account.
+ Manage the number of funds transfer from main account to sub account.
- Service fees: as regulated by Eximbank from time to time.
For more details, please contact our branches/ transaction offices nationwide or our Call Center at (+84 – 8) 39.15.15.15
