Introduction

Auto Corporate Savings is a financial management service provided by OceanBank to assist Customers or a group of Customers as enterprises (corporations) with various member companies in automatically rotating capital among accounts opened at OceanBank through concentration of cash flow of the whole Corporations and payment management of other accounts for efficient use of capital.

Product
Benifits

•  Automatically rotating capital among accounts at OceanBank

•  Meeting management requirements of parent company-subsidiary model.

•  Managing and using capital efficiently 

Product
Features

Currency: VND, USD.

Customers register:

•  Account system model (2 levels or 3 levels)

•  Centered account number

•  List of member accounts for capital management (if any) 

•  List of member accounts

•  Maximum balances maintained for each member account

•  The minimum amount/01 auto capital rotation transaction and the capital rotation limit per day for each account member.

Customers sign in agreements to authorize the Bank to debit Accounts 

Procedure &
Form

•  Legal dossiers of customers

•  Account information registration as formed

•  Auto account provision contract