Detailed information from A-Z about transferring deposit certificates

Transfer of deposit certificates is becoming a notable choice for investors looking for a financial channel that is both safe and flexible. Not only does it ensure a fixed profit as initially committed, the transfer also brings high liquidity, helping the owner easily recover capital without having to suffer losses in interest rates.

1. Learn about certificates of deposit

1.1. Concept

Certificate of deposit (CCTG) is a type of valuable paper issued by a bank to confirm the customer's ownership of a term deposit, with a specific interest rate and time. CCTG can be transferred, that is, transferring ownership from one person to another. This allows the CCTG holder to recover capital before maturity through reselling the certificate, while still maintaining the interest rate initially committed to the bank.

1.2. Advantages of transferring deposit certificates

Transferring a CCTG brings significant benefits to both the seller and the buyer.

• High liquidity: Owners can easily recover capital when needed without having to pay off the loan early at the bank, thereby not losing the agreed interest rate.
• Profit Optimization: CCTG buyers can receive certificates with more attractive interest rates than new deposits at the time of redemption, especially when the interest rate market is on a downward trend.
• Increase investment: CCTG buyers can continue to enjoy the remaining interest until maturity, suitable for investors who want safe cash flow.
• Safety Guarantee: CCTG is issued by banks, has high legality and safety, and is less risky than many other investment channels.
• Can be used as collateral: Many banks accept CCTG for loans or guarantees, creating additional financial benefits for the holder.

2. 3+ Forms of transferring deposit certificates

2.1. Buying and selling

This is the most common form, in which the CCTG owner resells the certificate to another person to recover capital. The two parties will agree and sign the transfer paper at the bank to confirm and update the new owner.

• Advantage:
  • Fast liquidity, easy to do at the bank.
  • The seller does not lose the committed interest rate.
  • Buyers enjoy attractive interest rates compared to new deposits.
• Disadvantages:
  • Subject to market demand and bank approval.

2.2. Give

The owner transfers the CCTG to another person without requesting compensation for the value. The two parties will draw up a gift document and carry out the name change procedure at the bank.

• Advantage:
  • Simple, suitable for family relationships.
  • The donee enjoys all benefits from the CCTG.
• Disadvantages:
  • Tax liability may arise as required by law.

2.3. Exchange

The two parties agree to transfer the CCTG in exchange for assets or other CCTGs of corresponding value. The two parties sign the exchange contract and present it to the bank to complete the transfer procedure.

• Advantage: Flexible in transactions, can combine the interests of both parties.
• Disadvantages: The procedure is more complicated and requires bank approval.

2.4. Inheritance

When the owner of the CCTG dies, ownership is transferred to the heir by will or by law. The heir submits documents proving the inheritance rights to the bank to transfer the name.

• Advantage:
  • Ensure the legitimate rights of heirs.
  • Asset value is preserved, no interest loss.
• Disadvantages:
  • The procedure for proving inheritance rights is complicated and can be lengthy.

2.5. Other forms in accordance with legal regulations

In addition to the above forms, the law allows other forms of transfer if they meet the regulations, for example: using CCTG to offset debt or as capital contribution. The parties will perform according to a civil contract or legal agreement, then complete procedures at the bank.

• Advantage: Create flexibility in using CCTG as a financial asset.
• Disadvantages: Strictly comply with legal regulations and bank conditions.

Among the above forms, buying and selling deposit certificates is a popular form of transfer with a relatively simple process, carried out at banks, bringing benefits to both sellers and buyers.

3. Regulations on transferring deposit certificates at banks

3.1. Conditions and subjects of transfer

According to Circular 01/2021/TT-NHNN, to carry out the procedure for transferring a deposit certificate, you need to meet the following conditions:

• The certificate of deposit (CCTG) must be legally owned by the transferor.
• CCTG must be valid and not yet due for principal and interest payments.
• The transfer must comply with the original agreements in the issuance contract and legal regulations.
• Individuals and organizations have the right to buy, sell, and receive transfers of CCTG from commercial banks and credit institutions licensed to issue.
• In case CCTG is issued by a financial company, the law stipulates that only credit institutions and foreign bank branches are allowed to participate in buying and selling, to ensure system safety.
• All CCTG transfer transactions are made in Vietnamese Dong (VND). This is a mandatory regulation, in accordance with the State Bank Law and related guiding documents.

3.2. Transfer procedures

Each bank has its own regulations and procedures regarding the transfer of certificates of deposit (CCTG). Therefore, customers need to contact the issuing bank directly for detailed instructions and provide the required form.

At SeABank, the documents required to prepare when transferring CCTG will usually include:

• Original certificate of deposit (still valid).
• Valid identification documents of the transferor and transferee (CCCD/Passport).
• Transfer document/agreement according to SeABank's form.
• Additional documents (if any) as required by the bank.

Steps to transfer CCTG at SeABank:

• Step 1: The transferor and transferee agree on the terms and value and sign the transfer document.
• Step 2: Both parties go to SeABank to present the CCTG and related documents.
• Step 3: The bank checks the legality of the CCTG, compares information and authenticates the identities of the parties.
• Step 4: The bank records the transfer, updates the new owner in the system and on the certificate (or issues a new certificate if necessary).
• Step 5: Complete the procedure; the transferee officially becomes the owner of the CCTG and enjoys all benefits (principal and interest) according to the original commitment.

4. Certificate of deposit transfer fee

When transferring a certificate of deposit (CCTG), customers need to note some types of costs that may arise according to bank regulations and current laws:

• Transfer service fee: Each bank will have its own fee schedule for this service, to cover the costs of processing documents and confirming transactions. Usually, the fee is not high and is collected once when the transfer is made. Customers should refer to the specific fee schedule at the bank that issued the CCTG.
• Interest rate: The transfer does not change the interest rate committed in the CCTG. The transferee will continue to receive the fixed interest rate until the maturity date, according to the original agreement with the bank. This is a big advantage compared to early settlement, which only receives a much lower non-term interest rate.
• Transfer tax: According to current tax laws, income from the transfer of CCTG may be subject to personal income tax (for individuals) or corporate income tax (for organizations). The obligation to declare and pay tax depends on the transaction value, the participants and the detailed regulations of the tax authorities.

5. 5+ Notes when transferring deposit certificates

When transferring certificates of deposit (CCTG), customers should pay attention to some important points to ensure transaction safety and protect their rights:

• Check the original CCTG carefully: Ensure that the certificate is valid, not damaged or erased, and the information matches the original records at the bank.
• Choose a safe form of transfer: Perform directly at the issuing bank to be confirmed and updated on the official system.
• Clear agreement on costs and interest rates: Determine service fees and remaining interest rates in advance to avoid disputes during the transfer process.
• Always have proof of transaction: Keep contracts, minutes or bank documents as legal basis when necessary.
• Weigh the risks and do your research: Research legal regulations, tax obligations and the reputation of the partner before deciding on a transaction.

6. Own a deposit certificate at SeABank with attractive interest rates

If you are looking for a safe investment channel, with outstanding profits and still flexible in transfer, the deposit certificate at SeABank is the ideal choice with attractive interest rates.

(*) Interest rates are updated as of September 9, 2025, and are for reference only on the market. Customers should check directly with the bank for the exact interest rate and accompanying incentives.

At SeABank, customers have the opportunity to invest safely and earn stable profits through deposit certificates. This is a suitable choice for individuals and organizations who want to optimize idle capital while still ensuring high profits.

• Attractive interest rates: Interest rates much higher than regular savings.
• Flexible terms: Diversified from medium to long term, meeting the financial needs of each customer.
• Absolute safety: Issued and guaranteed by SeABank - one of the leading prestigious joint stock commercial banks.
• Transferability: Customers can transfer certificates to others when needed, helping to increase liquidity.

7. Frequently Asked Questions

1. Can I transfer CCTG to anyone?

Depending on the type of deposit certificate and the regulations of the issuing organization. For commercial banks, individuals and organizations can receive transfers. However, if the CCTG is issued by a financial company, only credit institutions and foreign bank branches can buy/sell.

2. Are all types of CCTG transferable?

No. Some certificates of deposit are issued in a non-transferable form, meaning the owner can only liquidate them at the bank when they mature. Customers should check the issuance conditions clearly before purchasing.

3. When transferring to CCTG, will I lose interest?

No. The transferee will continue to receive the full fixed interest rate initially committed until the maturity date. This is the biggest advantage compared to early settlement (usually only receiving non-term interest).

As can be seen, transfer of deposit certificates is a smart solution to optimize idle capital while ensuring safety and stable profits. However, to make transactions smoothly, customers need to understand the legal regulations, procedures at the bank as well as potential risks. With careful preparation, this form will become a useful financial tool for both individuals and organizations.