4.1. VND bank transfer:
VND bank transfer is executed for the same day value to
- transfer to accounts in Vietcombank Hochiminh City Branch, or Vietcombank system.
- transfer to accounts opened at banks in Hochiminh City
- transfer to accounts opened at banks in provinces.
Service charge: please refer to the fee schedule for account service

4.2. Bank transfer in foreign currency:

4.2.1. Domestic transfer:
Domestic transfers between companies should comply with the laws and regulations on foreign exchange control of the S.R.Vietnam. Domestic transfers are eligible in the following cases:
- Payment for Import authorisation/indenture: the required documents are

+ Import order/indent
+ Import L/C, if any, or documents related to the transfer into Import Margin Account.

- Payment for premium from the insured to the insurance company.
- Payment for Export authorisation: the required documents are

+ Export authorisation contract.
+ Credit advice received from foreign banks favoring the enterprise authorised for handling export business.

- Payment for international freight: the required documents are

+ Invoice
+ Bill of Lading, airway bill, consignment notes, etc.

- Indemnification payment for insured damage: the required documents are

+ Indemnification claim from the insured.
+ Insurance policy/certificate.

4.2.2. Remittance to overseas beneficiary
Remittance to overseas beneficiary is eligible in the following cases:
- Commission payment for trade intermediaries: the required documents are

+ Sales contract including agreement on commission rate and payment.
+ Credit advice/confirmation for the completed deal.
+ Signed demand for commissions by the intermediary based on the commercial invoice.

- Repatriate of capital to foreign counter party when the joint-venture is dissoluted: the required documents are:

+ Decision on the dissolution of the joint-venture and establishment of liquidation board.
+ Minute of the Board of Directors of the join-venture on the liquidation allocating the capital dividends to the foreign counter party.
+ Certification of duly-performed tax payment by the tax authority.

- Remittance from domestic collection agent to foreign organisation:

+ Contract or documents from the foreign organisation delegating the domestic company as collection agent.

- Tuition payment and bank draft issuance: the required documents are

+ Tuition/schooling Bill from the foreign university/school.
+ A copy of the student's passport.

- Repatriate of dividends to foreign counter party: the required documents are:

+ Annual report for the fiscal year.
+ Minute of the Board of Directors on dividends to the parties.
+ Certification of duly-performed income tax payment by the tax authority.

For the above-mentioned cases, based on the economic contract which contains provisions on the documents required for payment, mode of payment, advance payment or document against payment, VCBHCM shall require the presentation of such documents for effecting customer's instructions.

Service charge: please refer to the fee schedule for account service.