What are the withdrawal and deposit fees at Maritime Bank?

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Similar to many banks in Vietnam, Maritime Bank charges fees for the services they provide to customers in order to generate profits and cover operational costs. Understanding the withdrawal and deposit fees at Maritime Bank is crucial for customers using their products and services to manage and potentially reduce or eliminate fees during usage.

Maritime Bank (MSB) fees refer to the charges established and applied by Maritime Bank for customers (individuals, businesses) using the products and services provided by MSB. In some cases, Maritime Bank fee schedules may also include penalty fees for customer activities (late payments, contract violations, etc.).

Details of MSB withdrawal fees, MSB transfer fees, and Maritime Bank deposit fees

To help you reduce or minimize these fees, we've compiled detailed information on Maritime Bank withdrawal, deposit, and transfer fees. By understanding these fees, readers will grasp Maritime Bank's fee structure for different services, transaction methods, and find the most economical way to use their savings account.

The latest Maritime Bank withdrawal and deposit fees

1. Maritime Bank Withdrawal Fee

To withdraw cash from your Maritime Bank account, you can do so in two simple ways: withdrawing at Maritime Bank branches or using ATMs within or outside Maritime Bank's network. Depending on the amount withdrawn and the method used, Maritime Bank withdrawal fees vary. Specifically:

1.1. Withdrawal Fee at Maritime Bank Counter

According to Mytour's research, the cash withdrawal fee at Maritime Bank counters is calculated based on the withdrawal time from the day the customer's transfer is received and the location of the MSB branch where you conduct the withdrawal transaction:

- If you withdraw from your account after 02 working days, you will be exempt from 100% of the transaction fee when withdrawing at the Maritime Bank branch in the same province/city; 0% fee for FCB account holders, M1 account holders, and a fee of 0.03% for other cardholders when withdrawing at a Maritime Bank branch in a different province/city.

- If you withdraw within 2 days of receiving the money, you will be charged 0.03% if you withdraw at a branch in the same province/city and a fee of 0.01% - 0.06% if you withdraw at a Maritime Bank branch in a different province/city if the withdrawal amount exceeds the bank's prescribed withdrawal amount/day.

Maritime Bank Counter Withdrawal Fee Schedule

Note: For smooth transactions at Maritime Bank counters, minimizing unnecessary trips, you need to bring your ID card/citizen identification card and transact during Maritime Bank's business hours.

1.2. Maritime Bank ATM Withdrawal Fee

Currently, Maritime Bank issues 3 main types of cards: domestic debit cards, international debit cards, and credit cards. Maritime Bank's withdrawal fees vary for each type of card. Specifically:

- Domestic Debit Card Withdrawal Fee MSB: Charged 1,000 VND per transaction at MSB ATMs and 3,000 VND per transaction for withdrawals at ATMs of other banks

- International Debit Card Withdrawal Fee MSB:

+ When withdrawing at Maritime Bank ATMs, you will incur a fee of 1,000 VND per transaction with Easy Shop cards, Lotte Mart - MSB Co-branded Cards, Vpoint-MSB Co-branded Cards, and no fee for other card types; Withdrawal fees at non-MSB ATMs for MSB international credit cards are 3,000 VND per transaction for Easy Shop Premium cardholders, Lotte Mart - MSB Co-branded Cardholders, Vpoint-MSB Co-branded Cardholders, etc., and free for cards linked to FCB accounts, Easyshop Premium for Mpayroll Cards.

+ In the event of cash withdrawals at foreign ATMs using Maritime Bank international ATM cards, you will be subject to a fee of 4% of the transaction amount (Minimum: 100,000 VND)

Maritime Bank ATM Withdrawal Fee Schedule Within and Outside the Network

- Cash Withdrawal Fee Maritime Bank Credit Card

With Maritime Bank credit cards, for each cash withdrawal transaction (including main cards, supplementary cards), you will incur a fee of 4% of the transaction amount, minimum 50,000 VND per transaction.

Note: Along with MSB withdrawal fees, Maritime Bank also has specific regulations for each type of card regarding withdrawal limits and maximum withdrawal amounts/day. If you are unsure about the withdrawal limit for the Maritime Bank card you are using, you can refer to the article How much can you withdraw from Maritime Bank ATM in one day shared by Mytour earlier.

2. Maritime Bank Deposit Fees

Similar to withdrawal transactions, for deposit and transfer transactions into Maritime Bank, whether within or outside the network, you will also be charged fees for each type of transaction. Specifically as follows:

2.1. Maritime Bank Transfer Fee at Counter

For cash deposit transactions into Maritime Bank accounts at the counter, if the recipient has an account at MSB, you will be exempt from 100% of the counter transaction fee if the transfer is made after 2 working days from the date recorded in the account. Otherwise, for transactions within 2 working days from the date recorded in the account, you will be charged a fee ranging from 0.03% - .0.06% of the transaction amount (minimum 20,000 VND, maximum 1,000,000 VND) as stipulated by Maritime Bank.

- For cash deposits into accounts at banks other than Maritime Bank, you will be charged a fee of 0.05% of the transaction amount for transfers within the same province/city and 0.08% for transfers to different provinces/cities (minimum fee is 20,000 VND, maximum 1,000,000 VND).

- For cash deposits/transfers within MSB for recipients with ID cards, passports, the fee for each transaction is 0.03% of the transfer amount.

Maritime Bank Counter Transfer Fee

2.2. Maritime Bank Transfer Fee via Electronic Banking Channel

Not only can you transfer money at the counter, but you can also easily perform money transfer transactions at home through MSB Internet Banking, MSB Mobile Banking, Maritime Bank SMS Banking. The details of MSB transfer fees through these channels are as follows:

- 100% free for internal transfers (within the same system) at Maritime Bank through electronic channels.

- For transfers to banks outside the Maritime Bank system, you will be 100% exempt if you transfer from FCB or M1 accounts, and charged 10,000 VND per transaction if you transfer from other accounts.

Note:

- To transfer money with Maritime Bank through electronic banking channels, you need to register for Internet Banking - MSB, Mobile Banking - MSB, Maritime Bank SMS Banking services beforehand. Learn more about how to register for Maritime Bank Internet Banking Here.

For transfers through the Maritime Bank - MSB service, you can only transfer money to accounts within the bank's system.

Maritime Bank Transfer Fees through Electronic Banking Channels

Here, Mytour has shared detailed Maritime Bank fee schedules, Maritime Bank transfer fees, Maritime Bank deposit fees, Maritime Bank counter withdrawal fees, and through other support channels. Hopefully, the information in this article is helpful to you, helping you find the most cost-effective way to perform transactions (withdrawal, deposit, transfer) on your Maritime Bank savings account. See you in the next articles.

Frequently Asked Questions

What are the withdrawal fees at Maritime Bank branches?

Withdrawal fees at Maritime Bank branches vary based on the withdrawal method and time. For withdrawals after two working days, you may be exempt from fees in the same province. Otherwise, a fee of 0.03% may apply for same province withdrawals within two days.

How much does it cost to withdraw cash from ATMs?

For Maritime Bank ATM withdrawals, domestic debit cardholders pay 1,000 VND per transaction at MSB ATMs. For other bank ATMs, the fee is 3,000 VND. International debit card fees vary but start at 1,000 VND at MSB ATMs.

Are there any fees for transferring money through electronic banking?

Yes, Maritime Bank charges fees for electronic money transfers. Internal transfers are free, while transfers to other banks cost 10,000 VND unless made from FCB or M1 accounts, which are free.

What are the deposit fees for cash transactions at Maritime Bank?

Deposits made at Maritime Bank counters incur fees based on the transaction amount and timing. Transfers within the same city can cost up to 0.05%, while fees for transfers to different cities may be 0.08%.

Is there a fee for cash withdrawals using Maritime Bank credit cards?

Yes, there is a fee for cash withdrawals using Maritime Bank credit cards. You will incur a fee of 4% of the transaction amount, with a minimum fee of 50,000 VND per transaction.

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