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.
Introduction
Benefits
- 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
- Withdraw at other bank ATM: Customer have free 10 transaction fee per month.
- Transfer at other bank ATM: Customer have free 10 transaction fee per month.
- Free for first OTP issuance.
- Exemption and reduction of transaction fees (compared with the Interest and Fees Guide) are as follows:
- Discount 50% for fees: domestic other bank transfer fee, card issuing fee (overseas), SMS service fee, foreign currency cash handling fee, certificate issuance fee (deposit account), certificate issuance fee (balance certificate).
Free of fees: account opening fee, account closing fee, passbook reissuing fee, time deposit paper issuing fee (reissue), information report fee. - Installment Deposit Account: when this Account registers for auto transfer to Installment Deposit Account, interest rate shall be added 0.3% (applicable for customer who auto transfer to Installment Deposit Account until maturity date; no applicable for Woori V Free Saving Account and just applicable for account opening as VND).
- Personal Loan: when this Account registers for auto transfer to Loan, interest rate shall be deducted 0.2%.
- Credit card: when customers register this account for credit card payment, customers can get first year annual fee cash back.
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.
Required documents
- 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
