Notice on Deposit Handling

To: Valued Customers,

We would like to extend our sincere thanks to you for using VPBank’s products and services. In an effort to bring diverse and convenient experiences to you, we have relentlessly improved quality of our product and service.

In accordance with Circular No 48/2018/TT-NHNN of the State Bank of Vietnam, please be informed that from July 5th, 2019, the bank will handle VND deposits as follows:

Type of Customer

Before July 5th, 2019

From July 5th, 2019 Onwards

Customers with VND deposits

VPBank will take VND deposits from Vietnamese citizens (residential/non-residential) and foreigners living and working legally in Vietnam.

VPBank will take VND deposits from Vietnamese citizens only (residential/ non-residential.)

Foreign customers

VPBank will take deposits in VND but not in foreign currencies.

VPBank will not take VND deposits, but enter into VND term deposit contracts (not foreign currencies).

Foreign customers with VND deposits made before July 5, 2019 that reach maturity

VPBank will handle according to the terms and conditions of relevant deposit products.

VPBank will manage the deposits until receiving customers’ liquidation request (no accrual of interest and rollover with the same term from July 5, 2019 onwards.)

For further details, please call us on 1900545415 or email us at

Yours sincerely.

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