Introduction

The payment service is provided by OceanBank for its Cheque drawn by customers.

Product
Benifits

•  Safe, quick and accurate;

•  Absolutely confidential;

•  Provided tracking services of lost, stolen cheque, etc.

Product
Features

Object: Organizations.

Transaction currency: VND or foreign currencies listed by OceanBank. In case of issuing or paying Cheque in foreign currency, follow provisions of the law on foreign exchange management.

Terms of service:

•  Customers open demand deposit accounts at OceanBank.

•  Customers are not prohibited to use cheque or not be suspended to pay cheque.

•  The demand deposit accounts must be sufficient to pay cheque.

Fees: Customers shall pay fees to OceanBank according to the current fee schedule.

Places for implementing services: any transaction points of OceanBank system.

Conditions:

Enterprises who have payment demand for goods and services or other payment demand in cheque.

Procedure &
Form

•  Customers fill out the information as required on Cheque (provided by OceanBank).

•  Or enclose with other documents required by OceanBank in compliance with the laws on foreign exchange management (in case of payment in foreign currencies).