Concentration account

Centralized Management - Reduce Transaction Costs


Concentration account

Centralized Management - Reduce Transaction Costs

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Centralized Management, Reduce Transaction Costs

Centralized Account with the ability of consolidating funds between one primary account and many supplementary accounts is a solution to control finance and maximize profit from idle fundss

Benefits for Business

Manage funds among separate accounts

Maximize the benefits of using idle funds, consolidating everyday financial resources

Reduce overdraft interest

Reduce costs: reduce transfer and administration costs

Strictly control accounts of member units, solve the problem of the excess and shortage of funds of subsidiaries

Product features

Currency:

VND

Minimum deposit amount:

N/A

Forms of managing Centralized Account:

- Fixed transfer
- Maximum balance maintenance
- Internal transfer between a holding company and its subsidiaries

Interest rate:

Demand deposit

Interest payment:

Month-end

Registration

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