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Bank sets fees for deposits, withdrawals

Jun 11th at 10:26
11-06-2014 10:26:42+07:00

Bank sets fees for deposits, withdrawals

Customers depositing or withdrawing cash through payment accounts at the State Bank of Viet Nam will have to pay a fee amounting to 0.005 per cent of the total transaction amounts.

 

This was stated in a draft circular released by the central bank stated on its website on Monday. It was open for further discussion.

Credit institutions, including foreign bank branches, will fix their own fees for customers, but the maximum charges are set to be 0.03 per cent for deposits, and 0.05 per cent for withdrawals. They will have to list the fees publicly, the document notes.

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