Introduction

A Certificate of Deposit (“CD”) is a form of time deposit in the form of a valuable paper, serving as evidence of Shinhan Bank Vietnam Limited’s (hereinafter called “SHBVN”) obligation to repay the purchaser of the CD within a specific term, under applicable interest payment conditions and other terms in accordance with prevailing laws and SHBVN’s product regulations applicable in each issuance period.

Eligible customer

A resident organization legally established and operating under Vietnamese law.

A non-resident organization legally established and operating under the laws of its home country and/or in accordance with applicable Vietnamese laws.

(Excluding: Credit Institutions, Branches of foreign banks, Subsidiaries of Credit Institutions)

Benefits

Attractive interest rate

Allowed transferring

Allowed partial withdrawal

Allowed early withdrawal

Product features

Issuance & payment currency: Vietnam dong (VND)

Tenor: 12M; 18M; 24M; 36M

Interest payment method: At the maturity date

Issuance method

SHBVN issues CD passbook for customer

CD buying method

A resident organization: purchase the CD from its own demand deposit account (DDA) opened at SHBVN.

A non-resident organization: Purchase the CD from its Indirect Investment Account (IIA) opened at SHBVN.

Location transaction

Issuance CD directly to buyers at legal transaction domestic locations of SHBVN's Branches & T/Os.