Friday, 29/03/2024

FXStreet treats your personal information as confidential and does not disclose it to any third parties other than the company selected. Your privacy is our greatest concern. FXStreet treats your personal information as confidential and does not disclose it to any third parties other than the company selected. Your privacy is our greatest concern

Non-Term Deposit (SA)

Demand saving deposit is type of deposits which depositors are allowed to withdraw money at any time.

Benefits for customers

- Enjoy savings deposit interest rates listed in LVB

- Customers can withdraw at any time of any transaction and enjoy interest.

- Customers can use payment services, banking services provided by LVB

- Customers can send drawn at any nationwide LVB branch

Product characteristics:

-Deposit types include LAK, THB, USD, and VND

- Minimum balance 500,000 LAK/USD 50/2,000THB/1,000,000 VND.

- Interest rates vary from time to time published by LVB

- Interest is calculated according to the average daily balance

- Time of payment of interest is on 30/6 and 31/12 annually 

Conditions for registration

- Lao enterprises and foreign enterprises are operating in accordance with the laws of Laos.

- Objects open deposit accounts in foreign currency savings are individual residents.

Registration dossier:

 - Open an account: Application form for deposit; business registration certificate, tax certificate, investment license, seal, identity card/passport/family register, saving book 

- Withdraw from the account: Present the saving book, eligible withdrawal application as registered with LVB, identity card and other relevant papers.