Western Bank to raise US dollar deposit rate to 5.3pct/year

Western Commercial JS Bank or Western Bank said it officially launched the service of account transfer via Internet Banking from January 1.

With this, customers can easily transfer payment deposit accounts to any other accounts inside and outside the bank’s system.

The lender provides the online transfer line of 200 million dong per day to individual customers and five billion dong/day to institutions based on current fee table.

Last week it formally increased US dollar deposit rates to 5.0 percent pa on one-month term, 5.1 percent pa on 2 months and 5.3 percent pa on longer 3 month terms. – Vietbiz24

Tags: Western Bank

Posted by VBN on Jan 12 2011. Filed under Banking-Finance. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry