Buzz
Many people open a VietABank bank account (VietABank Joint Stock Commercial Bank) because they offer many benefits. Not only do they save time in transactions, but some account types also offer attractive interest rates. If you intend to open a VietABank bank account but are unsure of what you need to prepare, you can refer to the instructions in the following article.
Open a VietABank bank account
Requirements for opening a VietABank bank account
If you are a citizen aged 18 or older and have an ID card/passport/residence card, you are fully eligible to open an account at VietABank. Additionally, to proceed with the account opening process, you also need to have a bank account opening request form provided by the teller. This registration form will be issued when you express your intention and present the necessary documents to open an account at VietABank.
Types of VietABank bank accounts
*) Regular payment account: This includes only accounts without additional services
) Combo Package 1: Includes an account, Advance ATM card, and SMS Banking
) Combo Package 2: Combines an account, Advance ATM card, balance change notification SMS service, Internet Banking, and standard Mobile Banking
*) Combo Package 3: Also includes a payment account, SMS Banking, Mobile Banking, and Internet Banking but with premium limits
Fees for opening, depositing, and withdrawing money at VietABank counters
*) VietABank Account Opening, Closure, and Maintenance Fees:
- Account Opening: Free of charge
- Minimum Balance Requirement: 50,000 Vietnamese dong
- Account Management Fee: 5,000 Vietnamese dong per month (for balances below the minimum threshold)
- Management Fee for Combo 1 Account: 4,900 Vietnamese dong per month (free if Average Monthly Balance exceeds 1 million dong).
- Management Fee for Combo 2 Account: 14,900 Vietnamese dong per month (free if Average Monthly Balance exceeds 2 million dong).
- Management Fee for Combo 3 Account: 99,000 Vietnamese dong per month (free if Average Monthly Balance exceeds 10 million dong).
- Account Closure Fee: 50,000 Vietnamese dong.
) Cash deposit into VietABank bank account: Free of charge
) Withdraw cash:
- Same province/city: Free of charge
- Different province/city: From 10,000 dong to 500,000 dong.
*) Transfer:
- Within the system: Same province/city (Free of charge); different province/city (10,000 dong/item); receive via ID card (10,000 dong to 500,000 dong).
- Outside the system: Same province/city (10,000 dong to 500,000 dong); different province/city (20,000 dong to 1,000,000 dong).
How to open a VietABank bank account
Open VietABank bank account online
Opening a bank account online will save customers a lot of time compared to visiting VietABank branches or offices in person. The process of opening a bank account online is quite simple, you just need to follow these steps:
Step 1: Go to the website: vietabank.com.vn
Step 2: Here, you will see the online registration section. Then click on Open account online.
Step 3: Fill in your personal information on the Payment Account Opening Registration form
Step 4: After completing the form, click Register at the bottom to send the form to the bank. Upon receiving the account opening request, bank staff will contact you to verify the information.
Open VietABank bank account at the transaction counter
Individuals wishing to open an account need to bring necessary documents such as ID card (ID card/passport/residence card) directly to VietABank branches/offices. When expressing the desire to open an account, the teller will provide you with a ready-made request form to fill in the information.
Here, customers with inquiries or questions requiring advice or guidance from bank staff about services can ask directly to receive detailed explanations. After verifying the information, bank staff will open an account for you. If customers apply for additional services such as ATM card issuance, they must wait for an appointment within approximately 1 - 2 weeks.
Services to consider when opening a VietABank bank account
*) Mobile Banking
- Customers can perform transactions such as online transfers, within the system, interbank transfers, opening savings accounts, and locating ATMs through the safest and fastest mobile application installed on their smartphones. This application can be used on both iOS and Android operating systems.
- To utilize the service, customers must register at the transaction counters of VietABank. After successful procedures, transaction officers will guide you on how to download the 'VietABank Mobile Banking' app to your phone. Enter the provided password and username to activate your account.
- Annual service fee: 5,000 Vietnamese dong/month.
*) SMS Banking
- Customers can conduct transactions with the bank via text messages when in need of balance inquiries, receiving balance fluctuation notifications, querying savings interest rates, etc. Each service has its own inquiry syntax, such as querying savings interest rates: Type VAB LS and send to 8149.
- The proactive balance fluctuation notification service fee is 5,000 Vietnamese dong/month.
*) Internet Banking
- Key features include: online transfers, bill payments, flight ticket booking, balance inquiries, transaction history, ... through the bank's electronic platform at the website: ebanking.vietabank.com.vn on devices connected to the internet.
- Annual fee: 5,000 Vietnamese dong/month
- Fee for interbank fast transfers 24/7: 10,000 Vietnamese dong/transaction
With two common methods for opening a VietABank account being online registration and directly at branches/offices, customers can choose the most convenient option. Additionally, customers should save the VietABank hotline number to quickly handle financial issues such as ATM card retention, lost ATM cards, etc. They can contact the bank for assistance in card blocking or password retrieval easily. Moreover, by calling the VietABank hotline, customers can receive information on savings interest rates, working hours, Internet Banking registration procedures, and ATM card issuance accurately.
