Charge schedule

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Corporate Banking

SCHEDULE OF CHARGE – CORPORATE BANKING

A - Account opening and maintenance

B - Transactions in VND

C - Domestic cheque transaction

D - Transactions in foreign currencies

E - International remittances

A. ACCOUNT OPENING AND MAINTENANCE
	ITEMS		RATE	MIN		MAX
1	Opening		No charge
	Minimum balance required
	- VND		VND200,000
	- USD		USD50
	- Other foreign currency		Not required
2	Account maintenance (applied when the annual average balance below minimum level )
	- VND		VND100,000/ year
	- USD		USD equivalent to VND100,000/ year
3	Closing (within 12 months after opening)
	- VND		VND20,000
	- USD		USD2
4	Reactivating a closed account		No charge
B. TRANSACTIONS IN VND
I. CURRENT ACCOUNT
1	CASH
	1.1	Deposit into account
		In the same province/city where account is opened	No charge
		In the province/city different from where account is opened
		- of the owner himself only	0.01%	VND10,000		VND300,000
		- of other people	0.02%	VND10,000		VND1,000,000
		- Payment for principal and/or loan interest	No charge
	1.2	Withdrawal from account
		In the same province/city where account is opened	No charge
		In the province/city different from where account is opened	0.02%	VND10,000		VND1,000,000
		Note: In case that customers withdraw money in the province, city where accounts are opened within 02 working days since the date of cash deposit into accounts, checking fee shall be applied	0.02%	VND10,000		VND1,000,000
		In case that customers withdraw money in the province, city different from where accounts are opened within 02 working days since the date of cash deposit into accounts, checking fee shall be applied	0.03%	VND20,000		VND1,000,000
2	TRANSFER
	2.1	Incoming transfer
		Inward remittance	No charge
		Inward remittance from other banks and cash withdrawal made on the same day	0.02%	VND10,000		VND1,000,000
	2.2	Within SAIGONBANK’s network
		Between accounts at SAIGONBANK	No charge
		Beneficiary presenting ID for money receipt
		- In the same province/city	No charge
		- In different province/city	0.01%	VND10,000		VND500,000
		Note: In case that customers transfer money within 02 working days since the date of cash deposit into account, checking fee shall be applied	0.02%	VND10,000		VND500,000
	2.3	Outside SAIGONBANK’s network
		In the same province/city where account is opened
		- Clearing payment	VND10,000/ item
		- Inter-bank payment
		. item < VND500,000,000
		Documents delivered by 14hrs	VND10,000/ item
		Express remittance	0.01%	VND20,000
		. item ≥ VND500,000,000	0.01%	VND50,000		VND1,000,000
		In the province/city different from where account is opened	0.05%	VND20,000		VND1,000,000
		Note: In case that customers transfer money within 02 working days since the date of cash deposit into account, checking fee shall be applied	0.02%	VND10,000		VND500,000
	2.4	Pay out upon recipient list
		Beneficiary’s account at SAIGONBANK	0.05%/ total amt or VND2,000/ person
		Beneficiary’s account at another bank	Applied as B.I.2
		Beneficiary receives money at another bank	Applied as B.I.2
	2.5	Amendment, investigation, cancellation	VND10,000
II. FOR NON-SAIGONBANK ACCOUNT CUSTOMERS
1	CASH
	1.1	For remittance within SAIGONBANK’s network to ID receivers
		- In the same province/city	0.02%	VND10,000		VND500,000
		- In different province/city	0.04%	VND20,000		VND1,000,000
	1.2	For remittance outside SAIGONBANK’s network
		- In the same province/city	0.04%	VND20,000		VND1,000,000
		- In different province/city	0.07%	VND30,000		VND1,500,000
2	TRANSFER
	2.1	From SAIGONBANK’s network to ID receivers	No charge
	2.2	From other banks to ID receivers	0.03%	VND20,000		VND2,000,000
C. DOMESTIC CHEQUE TRANSACTION
1	Cheques issued by SAIGONBANK
	1.1	Blank cheque	VND10,000/ volume
	1.2	Cheque encashment at SAIGONBANK
		- In the same province/city	No charge
		- In different province/city	0.02%	VND10,000		VND1,000,000
2	Collection of cheques issued by other local banks
	Sending customer’s cheque for collection		VND10,000/ cheque
D. TRANSACTIONS IN FOREIGN CURRENCIES
1	CASH
	1.1	Deposit into account
		USD - notes of USD50 and over	0.15%	USD2
		- notes of USD5, 10, 20	0.30%	USD3
		- notes of USD1, 2	0.50%	USD3
		EUR	0.55%	USD5
		Other foreign currencies	0.80%	USD5
		Traveler’s cheques	1%	USD5
	1.2	Withdrawal
		- in same currency with the account’s	0.15%	USD2
		- in other currencies	0.2%	USD2
2	TRANSFER
	2.1	Domestic incoming transfer	No charge
	2.2	Transfer between accounts of SAIGONBANK’s network
		In the same province/city where accounts are opened	No charge
		In the province/city different from where accounts are opened	USD1/ item
	2.3	Transfer to account outside SAIGONBANK network
		In the same province/city where account is opened	USD2/item
		In the province/city different from where account is opened	0.05%	USD2		USD50
E. INTERNATIONAL REMITTANCES
I. INWARD REMITTANCE
1	Inward remittances		0.05%	USD2		USD100
2	Inward remittances received from local banks		0.03%	USD2
3	Remittance refund		USD5
4	Contact fee (in case customers are non- SAIGONBANK account holders)		USD1
II. OUTWARD REMITTANCES
1	By Telegraphic Transfer
	Issuance of payment orders:
	- Advanced payments		At least 0.2%	USD10
	- Other payments		At least 0.18%	USD10
	-For preferential customers		0.18% - 0.20%	USD10		USD300
	Amendment of payment order		USD5 + correspondent banks’ service charge (if any)
	Fees of foreign banks (if remitters agree to pay)		As per correspondent bank’s service charge
	Cancellation of payment orders		USD5
	Late document supplementation (as of the time SAIGONBANK issues the first written request)		USD5/week/document
2	By Bankdrafts
	Issuance of Bankdrafts		0.1%	USD5/draft		USD100/ draft
	Cancellation of Bankdrafts		USD5 + correspondent banks’ service charge
G. COLLECTION
I. HANDLING
1	Cheque		USD1
2	Document		USD5
II. EXPORT COLLECTION
	Settlement
1	One cheque		0.2%	USD5		USD100
2	One set of documents		0.15%	USD10		USD200
III. IMPORT COLLECTION
	Settlement		At least 0.20%	USD15
	For preferential customer		0.20%	USD15		USD500
IV. Cancellation of collection			USD10
V. Amendment of collection			USD10
VI. Payment refusal by overseas partner			On actual basis
VII. Transfer documents for collection to another bank			USD25 + postage
H. LETTER OF CREDIT
I. EXPORT
1	Advising LC		SAIGONBANK is the direct advising bank USD15 SAIGONBANK is the 1st advising bank USD20 SAIGONBANK is the 2nd advising bank USD10
2	Preliminary advice		USD5
3	Advising LC amendment		SAIGONBANK is the direct advising bank USD5 SAIGONBANK is the 1st advising bank USD15 SAIGONBANK is the 2nd advising bank USD5
4	Settlement for one document set		0.15%	USD15		USD150
5	Confirmation of export L/C		VAT not applied
	For at sight L/C: one off charge counted as of the advising date of the confirmed L/C to its expiry date.		1%/ p.a	USD25
	For deferred L/C: one off charge counted as of the advising date of the confirmed L/C to its maturity date.
6	Transferring L/C
	To domestic beneficiary		USD20
	To overseas beneficiary		USD30
	Amending transferred L/C for domestic beneficiary		USD10
	Amending transferred L/C for overseas beneficiary		USD15
7	L/C Cancellation		USD10 + overseas bank fees (if any)
8	Charge upon document preparation as per L/C		As per agreement
9	Documents checked but not sent upon customer’s request		USD20 à USD50
10	Documents checked but not paid by overseas banks		USD10
II. IMPORT
1	L/C issuance		VAT not applied
	100% deposit		At least 0.075%	USD20
	For preferential customer		0.075%	USD20		USD300
	Below 100% deposit		At least 0.075%	USD30
	For preferential customer
	- For deposited amount		0.075%
	- For non-deposited amount		0.15%	USD30		USD500
	No deposit		0.20%	USD50		USD600
2	Issuance of preliminary L/C		USD10 (VAT not applied)
3	Amendment to increase L/C amount		Same as L/C issuance
4	Other amendment		USD10 (VAT not applied)
5	Payment		At least 0.2%	USD20
	For preferential customer		0.2%	USD20		USD400
6	Acceptance of usance draft		VAT not applied
	100% deposit		0.05%/ month	USD50
	Below 100% deposit		0.1%/ month	USD50
7	Cancellation at the local customer’s request		USD10 + overseas bank fees (if any)
8	Bill of lading endorsement
	Full set of B/L have arrived at SAIGONBANK		USD5/bill
	Only 1/3 set of B/L has arrived at SAIGONBANK		USD10/bill
9	Return of documents under L/C terms		USD20/ set + actual costs arisen
I. BANK GUARANTEE
I. INTERNATIONAL GUARANTEE
1	Issuance of bank guarantee, standby L/C		VAT not applied
	100% deposit		Min 0.04%/ month		USD20
	Below 100% deposit		Min 0.1%/ month		USD50
	Against counter guarantee of a local bank		0.083%/ month		USD20
	Against counter guarantee of a well known foreign bank
2	Amendment of bank guarantee, standby L/C		VAT not applied
	- Increase in amount		Same as issuance
	- Extension of expiry date
	- Others		USD10
3	Payment of bank guarantee, standby L/C		At least 0.2%		USD20
	For preferential customer		0.2%		USD20	USD400
4	Cancellation of bank guarantee, standby L/C		USD15
5	Confirming bank guarantee		0.17%/ month		USD50 (VAT not applied)
6	Shipping guarantee		USD50/ bill (VAT not applied)
7	Advising bank guarantee issued by a foreign bank		USD20
8	Advising bank guarantee amendment		USD10
9	Verifying the signature on bank guarantee/ bank guarantee amendment as per local customer’s request		USD10
II. DOMESTIC GUARANTEE
1	Issuance		VAT not applied
	100% deposit		0.05%/ month	VND300,000 or USD15
	Below 100% deposit
	- For deposited amount		0.05%/ month
	- For not-deposited amount
	. Secured by account balance, savings account balance, valuable documents issued by SAIGONBANK		0.1%/ month	VND300,000 or USD15
	. Secured by account balance, savings account balance, valuable documents issued by other financial organizations or government bond		0.12%/ month	VND350,000 or USD18
	. Secured by real estate		0.14%/ month	VND400,000 or USD20
	. Secured by others assets		0.16%/ month	VND500,000 or USD25
	. No collaterals		0.3%/ month	VND1,000,000 or USD50
	Note: In case a guarantee is secured by 2 collateral types or more, the highest minimum rates designed for diverse collateral types will be applied.
	Bilingual guarantee issuance (Vietnamese - English)		Same as issuance + VND150,000
	Guarantee issuance customized per clients’ request and approved by SAIGONBANK		Same as issuance + VND200,000
2	Amendment		VAT not applied
	Increase in amount, extension of expiry date		Same as issuance
	Others		VND200,000 or USD15
3	Confirmation to a guarantee issued by SAIGONBANK		VND300,000 or USD15 (VAT not applied)
4	Guarantee/ confirmation to a guarantee issued by other institutions		Same as issuance
5	Guarantee cancellation
	- Due to guarantee expiration		No charge
	- As per customer request		VND200,000
6	Commitment letter for credit granting
	- up to VND10 billion		VND1,000,000
	- above VND10 billion up to VND50 billion		VND3,000,000
	- above VND50 billion up to VND100 billion		VND5,000,000
	- above VND100 billion		VND10,000,000
K. CASH SERVICES
I. CURRENCY EXCHANGE
1	Exchange traveller’s cheque		1%	USD2
2	Exchange one foreign currency for another		No charge
3	Exchange of bigger foreign denominations for smaller ones.		No charge
4	Exchange of smaller foreign denominations for bigger ones.		1%	USD2
5	Exchange cash below standards for circulation
	Deformation due to circulation		No charge
	Deformation due to preservation		3.64%	VND2,000
II. CHECKING AND COUNTING SERVICE FOR CASH IN VND
1	On-site
	- denominations of VND20,000 or above		0.03%	VND100,000		VND1,500,000
	- denominations of VND10,000 or below		0.05%	VND100,000		VND3,000,000
2	Off-site
	- denominations of VND20,000 or above		0.05%	VND500,000		VND3,000,000
	- denominations of VND10,000 or below		0.1%	VND500,000		VND3,000,000
III. VERIFYING FOREIGN CURRENCY			USD0.2/ sheet
IV. OFF-SITE COLLECTION AND DELIVERY			As per agreement
L. OTHER SERVICES
1	Correspondent bank test verification for domestic bank		USD5 or as actually incurred
2	Forwarding message of correspondent bank to another domestic bank		Max USD55
3	Syndicated finance		0.05%/ p.a/ loan outstanding granted by syndicated credit organization
4	Certificate of deposits for corporate establishment		VND50,000
5	Lending the original of collateral file		VND200,000 -> VND500,000
6	Confirming that the original of collateral file is currently retained by SAIGONBANK		VND200,000 -> VND500,000
7	Retrieving and/or supplying copied documents per request
	- Document ≤ 1 year		VND10,000/ document
	- Document > 1 year		VND30,000/ document
8	Providing true certified copy of original documents		VND2,000/ sheet
9	Issuing the Account Confirmation per request		VND50,000 (for max 02 original copies, VND5,000/ copy shall be collected from the 3^rd copy)
10	Account statement as per request
	Account statement		VND3,000/ sheet Min VND10,000
	Re-printing transaction statement of the current month		VND2,000/ sheet
11	Advising the balance by SMS		VND9,000/ month
12	Others		VND100,000
M. TELEGRAPHIC
1	Issuance of L/C or bank guarantee		USD25
2	Amendment of L/C or bank guarantee		USD15
3	Payment of L/C or bank guarantee or collection, made by local customer		USD20
4	Others		USD10

N. INTERNET BANKING
NO.	ITEMS	PACKAGES
NO.	ITEMS	e-STANDARD	e-OTP	e-PKI
A	SERVICE FEES
1	Service registration	No charge	No charge	No charge
2	Maintenance
2.1	Monthly	VND20,000	VND40,000	VND60,000
2.2	Quarterly	VND60,000	VND120,000	VND180,000
2.3	Yearly	VND240,000	VND480,000	VND720,000
3	Information amendment/ cancellation/ modification	VND10,000/ time	VND10,000/ time	VND10,000/ time
4	Service cancellation	VND10,000	VND20,000	VND20,000
5	Re-issuing static password	VND20,000	VND20,000	VND20,000
B	SECURITY EQUIPMENT EXPENSES
1	OTP security equipment
1.1	Purchasing expenses	-	VND450,000/ item	VND450,000/ item
1.2	Annual fee for using equipment	-	VND100,000/ item	VND100,000/ item
2	Digital signature security equipment
2.1	Purchasing expenses	-	-	VND730,000/ item
2.1	Annual fee for using equipment			VND100,000/ item
C	TRANSACTION FEES
1	Internal transfer	-	No charge	No charge
2	Others	As per prevailing provisions of SAIGONBANK

NOTE

1. Except otherwise stipulated, VAT is not yet included in above fees.

2. Relevant fees for above-mentioned services exclude postal, telegraphic fees and costs from other banks except otherwise stipulated in the schedule, these costs will be collected as incurred.

3. Fees applied will not be refunded notwithstanding the request for service cancellation.

4. For fees in foreign currency, in case payments to be made in VND or another foreign currency, the prevailing selling rate offered by SAIGONBANK will be applied.

5. Fees will be immediately collected upon request of services or at the end of the transaction.

6. Guarantee commission is monthly calculated and on a full month basis.

7. The account holder means the owners, representatives of organizations, enterprises, the cashiers who are registered with SAIGONBANK.

8. SMS fee will be automatically collected on the 25th of each month, in case of insufficient balance, charges will be cumulatively counted in the following month.
- If fees/charges are not yet paid within 6 months, SAIGONBANK will stop providing services.
- If an account is closed at midmonth, SMS fee and account closure fee will be collected.

SAIGON BANK FOR INDUSTRY AND TRADE
Address: 2C Pho Duc Chinh St., Dist.1, HCMC Tel:(84-28) 39-143-183 Fax:(84-28) 39-143-193 Email: web_admin@saigonbank.com.vn

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