Capital account

 

capital-account

 

 


INTRODUCTION & DESCRIPTION

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Capital accounts are accounts used for foreign invested capital transaction only.


Upon opening demand deposit accounts, customers should be consulted of capital accounts which are only opened to joint venture companies, 100% foreign invested companies and foreign parties to a business cooperation contract.


Available currency : VND, USD


Minimum account balance : No minimum account balance


Deposit methods :  transfer of capital in foreign currency from foreign countries into Vietnam or from Vietnam to foreign countries or domestic transfer for the purpose of the above-mentioned transactions. This transfer shall be applied between: mother-company and subsidiaries, counter parties and joint venture companies, head offices and branches, and self-internal transfer.