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.