Introduction

Indirect Investment Account (hereinafter 'IIA') is VND-denominated demand deposit accounts for the purpose of conducting indirect investment and other lawful capital transfer transactions related to foreign indirect investment in Viet Nam

Conditions

Eligible customer: Non-resident foreign individuals

Type of product: Non-term Deposit Account

Currency: VND

Minimum balance: Not required

Account opening method: Counters at SHBVN Branches/ Transaction Offices

Transaction method: Counters at SHBVN Branches/ Transaction Offices or via Mobile Banking SOL Vietnam

Each customer can only open one IIA and maintain at only one licensed bank in Vietnam

Joint IIA: Not applicable

The balance in IIA of the Customer is not allowed to use for opening Term Deposit and Time Saving Deposit

Required documents

1. Application form for opening account

  • Application for registration of information, opening accounts and banking services for Individual *, download here
  • Indirect Investment Account Opening And Using Commiments, download here

* In case the Customer (i) not yet registered information at SHBVN or (ii) registered information at SHBVN but all Demand Deposit Account was closed before opening IIA

** In case the Customer registered information at SHBVN and having Demand Deposit Account in normal status when opening IIA

2. Valid Passport, Valid VISA/Resident Card and Address proof document