Information you need to know about Term Deposits with Interest at SeABank.

Choosing to deposit at the Bank is considered a safe and stable accumulation channel. At SeABank, customers can choose a variety of terms and interest payment methods, notably including "Deposit with interest paid at maturity”. This is a deposit product that many businesses trust and choose. So what are the outstanding features of this product? The article belongs to the category News below will summarize all information for you to understand.

What is a term deposit?

Deposit with interest paid at maturity simply understood as a type of term deposit for corporate customers in which the entire principal and interest of the deposit will be paid on the maturity date.

Deposit with interest paid at maturity is one of the products chosen by corporate customers when depositing money. With this product at SeABank, customers can choose to deposit by going to the transaction counter or depositing via Internet Banking. With this form of deposit, customers will save time transacting with the bank as well as travel expenses.

Why should you choose Term Deposit with Interest at SeABank?

Currently at SeABank product “Deposit with interest paid at maturity” for business customers has brought many benefits as follows:

• Diverse deposit terms: Diverse deposit terms by week, month and year. Customers can choose the term depending on their business plan.
• Competitive interest rates on the market: With the deposit product with interest paid at the end of the term at SeABank, this is the product that optimizes interest for customers.
• Smart technology system supports users: To save time and travel costs for businesses, SeABank has integrated this product on SeANet (Internet Banking), where businesses can easily choose deposit products that suit their needs.

Customers can deposit money at the counter or on the Internet Banking application.

General information about term-end interest deposits at SeABank

To participate in the term-end interest deposit product at SeABank, you need to know the following basic information:

• Customer: Organizations operating legally in Vietnam.
• Diverse deposit terms: Diverse deposit terms from1/2/3 weeks, 1 to 13 months and longer terms from 15/18/24/36/60 months.
• Deposit type: Can be deposited in VND/USD/EUR.
• Attractive interest rates: According to SeABank's regulations from time to time, however, normally the longer the deposit term, the higher the interest rate.
• Minimum deposit amount: For VND from 10,000,000 VND/ for USD is 500 USD/ for EUR is 500 EUR.
• Interest payment method: Interest will be paid at the end of the period.
• Principal repayment method: Depending on customer needs, SeABank offers three flexible options for you as follows:
• Automatically transfer the principal amount to the product with interest paid at maturity with the same term as the old term and interest rate at maturity.
• Automatically transfer principal and interest to the product with interest paid at maturity with the same term as the old term and interest rate at maturity.
• Automatically transfer all principal and interest to a savings account.

Choose to deposit and receive interest at the end of the term at SeABank, safe and convenient.

With the information that SeABank provides above, it can be seen that this is a product of Accounts & Deposits optimize benefits for customers, diverse deposit types with flexible amounts, principal repayment methods you can choose according to your needs with a variety of forms. This is one of the deposit products that helps businesses maximize their interest cash flow, in addition, SeABank is one of the prestigious banks that you can choose to transact with.

Above is general information about the product "Term Interest Deposit" at SeABank. With the information we provide, we hope that customers will understand the benefits that the product brings. For more information about this product, you can contact SeABank at the website address or Hotline number1900.599.952 (Business Customer) and SeABank Branches/Transaction Offices nationwide.