Bank guarantee fee tariff

 

BANK GUARANTEE FEE TARIFF

(Applicable for individual clients) – Effective from 20/06/2024
 
NO Service FEE (VAT not included)

Margin by amount in marginal account/ secured by amount in current account at IVB (% p.a)

 Secured by time deposit, valuable papers issued by IVB (%p.a) Secured by other assets/ Non-secured/ Non-margin(%p.a) Minimum
I DOSMETIC BANK GUARANTEE  
1 Issuance (*)  
1.1 In IVB's form  
1.1.1 Bid guarantee          0.5        0.7            1.5 300,000 VND or equivalent
1.1.2 Performance guarantee/ Warranty guarantee/ Advance payment guarantee          0.6        0.7              2
1.1.3 Payment guarantee/ Other guarantee          0.7        0.8            2.5
1.2 In other forms accepted by IVB Fee item 1.1 + 100,000 VND or 10 USD/guarantee commitment
2 Amendment (*)  
2.1 Increasing amount/ Extension Same as issuing fee in item 1.1. Calculated on the increasing amount/ extension. Number of days: From amendment date to expiry date (for increasing amount)/ from the next day of the old expiration date to the end of the new expiration date of this extension time (for extension) 300,000 VND or equivalent
2.2 Other amendment                            300,000 VND/per time
3 Cancellation                            300,000 VND/letter
4 Issued domestic guarantee verification                            300,000 VND/letter
5 Change of margin/ secured part Increased fee due to change of margin/ secured part, same as issuance fee + increased fee due to change of secured part (if any)
II OVERSEAS GUARANTEE As fee tariff for Organization customers
III OTHER FEE  
1 Provide the translation of guarantee                              200,000 VND/letter
2 Others Negotiation, Min: 300,000 VND/ 15 USD

NOTE:

  • 1. Min: Minimum fee, Max: Maximum fee, USD: The United States of American Dollar, VND: Vietnamese Dong
  • 2. The fee tariff can be changed without any prior notices from IVB and be published on IVB website: www.indovinabank.com.vn .
  • 3. All fees in Bank guarantee fee tariff for individual customer are subject to VAT at the tax rate prescribed by legal regulations, except fees marked with (*) which are not subject to VAT. All stipulated charges are not included of VAT and third party's charges (if any).
  • 4. Collected charges are not refundable, even if transactions are cancelled by customers' orders, or transactions are not made due to another reason which is not caused by IVB.
  • 5. With the fee regulated in USD, if collecting by VND or another currency, the selling currency exchange rate at the time of selling will be applied.
  • 6. This fee tariff for reference only. For details about fees, products and services, please kindly contact the nearest Branch / Transaction office of IVB or Customer service center 24/7 Hotline: 1900 588 879