Woori V Free Savings

•  Residents are individuals
• Non-residents are foreign individuals permitted to reside in Vietnam for at least

• In principle, applicable currency shall be VND

• The deposit period may be fixed by unit of months from a period of not shorter than 6 months but no longer than 36 months
• Especially for customers being foreign individuals: deposit term not exceed the remaining period of visa or other documents showing permitted stay in Vietnam issued by Vietnamese competent authorities

• There is no restriction on the deposit amount but monthly deposited amount may not be over VND 100,000,000

Depositing method shall be freely accumulating and have no restriction on the frequency of deposits

• The basic interest rate of the deposit shall be applied at the different rate per deposit period as posted at the branch or the internet homepage as of the opening date of the account

• The preferred rate shall be separately fixed by the department in charge of the deposit products, and shall be paid in addition to the basic interest at maturity

• Interests on the deposits shall be paid in a lump sum at maturity in addition to the principal. The interests shall accrue on the principal at the rate posted at the branch as of the opening date of the account during the period from every deposit date to the date preceding maturity

• Premature maturity a part of deposit is not allowed.
• Interest Rate for closing account before maturity is lowest interest rate of normal demand deposit account based on the type of customer and/or currency as announced at time of closing the account

The interest rate after maturity shall be applicable at the interest rate after maturity of general deposits as announced as of the maturity of the deposit