TienPhongBank to waive fees for enterprises

Pursuant to the regulations of the State Bank of Vietnam, Tien Phong Bank will not charge client organizations service fees.

28/03/2009

As for individual clients, Tien Phong Bank will not charge any kinds of fees, such as consultation of financial management, or assessment fees during client consultation or assessment. These clients will also do not have to make any payments to the bank’s staff.

If the client wish to restructure their loans or to repay previous term, a small transaction fee as follows is required:

- Restructuring fee (extension, rate adjustment): 0.05% remaining amount.;

- Previous term payment fees:

  • Mortgage loans: 2% of the payment amount, minimum of 500,000 VND;
  • Credit loans: if payment is made during the first half of the loan period, payment is 3% of the prepayment amount, minimum of 500,000 VND; if later than this period, payment is 5% of the prepayment amount. Time of actual loans shorter than 30 days is 8% of prepayment amount.

Users of the eBank package, which includes internet banking, SMS banking, and ATM cards will save 20% on counter transaction fees as well as other opportunity costs.

For more information, please contact:

Ms. Dương Thúy Quỳnh
Communication Expert – PR/Marketing Department
Tel.  +844-7688 998 (ext: 6243)
Mobile.  0936 868 155 
Email. [email protected]