Happy Salary Account

The Happy Salary Account is a new product that provides finance services and special benefits as well as preferred interest to customers receiving and paying salary via account.

• Target customers: Individuals shall open this Account (1person/ account/ currency).
• Type of product: Demand deposit (Salary Account)
• Applicable currency: Applicable currency shall be VND and USD.
• Deposit period: There is no restriction on deposit period.
• Amount of deposit: There is no restriction on amount of deposit.
• Interest rate: The interest rate is quoted at Woori Bank Vietnam website or at Branches on transaction date.
• Interest amount:
  • Interest amount is calculated as bellows: [Interest= ∑ [Actually balance x interest rate/year x Number of days retain the balance] ÷ 365 (day)]
  • Interest amount shall be settled every monthly third Saturday basing on each end of day balance.
• Preferences: When customer opening this Account, customers may receive additional benefits:

1. Individual customer

* Free fee benefits

• • Fee exemptions apply to the following services:
  • Domestic transfers standard and 24/7 via Internet Banking/Mobile Banking
  • Balance notification via Zalo (Replacement for SMS channel)
  • Foreign currency cash withdrawal
  • Cash withdrawal fees at ATM/CD of other banks (10 times/month)
  • Transfer fee to account at other banks via ATM/CD (10 times/month)
  • Balance confirmation issuance
  • Reissuance of passbook / term deposit certificate

*50% discount on standard domestic transfer fee at the counter

*Eligibility for Fee benefits

• Customers who newly open an HSA will enjoy fee benefits unconditionally for 45 days from the account opening date. (Customers may open a new HSA at the counter or convert an existing current account into an HSA via the WON app or at the counter.)
• To maintain the benefits, customers must have at least one salary/bonus/allowance transaction within the most recent 45 days, with a minimum amount of: VND 3,000,000 (for VND accounts), or USD 120 (for USD accounts)
• If no salary transaction is recorded within 45 days from the day following the last salary receipt, the benefits will be automatically suspended until a new salary transaction is made.

2. Corporate customer

• Preferential 50% about exchange rate and remittance fee with corporate customer which pay salary for their staffs to this Account
• Connect with firm banking for salary payment.

• i) The Application for opening account cum deposit agreement and General Terms and conditions on account and use of account’s service signed by account holder or person’s guardian or legal representative of account holder.
• ii) The citizen identity card or ID card or unexpired passport, birth certificate (for a Vietnamese citizen aged under 14 years), entry visa or certificate of visa exemption (for a foreigner) of the account holder;
• iii) If a account is opened through a person’s guardian or legal representative, the required documents for account opening must also include the citizen identity card or ID card or unexpired passport of the guardian or legal representative, and documents proving his/her capacity for representing the account holder.

* For more information, please contact Branch/Transaction Office

Reference here