TRANSACTION CUT-OFF TIMES ON WORKING DAYS

Dec 22 2023 10:38

Dear Valued Client,

We appreciate your continued partnership with BPCE IOM Ho Chi Minh City Branch (“the Branch”). To streamline and optimize your banking transactions, we would like to inform you of the cut-off times across our diverse range of financial products and services, effective from December 25th , 2023, until further notice.

 

Type of Transaction

Cut-off Time

    Cash deposit/ Withdrawal

15:00

Domestic Inward

16:00

Overseas Inward

15:30

Domestic/ Overseas Outward

 

    Via Ebanking

15:00*

    Paper-based (sent by Fax/Email/Original):

 

   Single payment

15:00*

   Bulk payment

14:00

Term Deposit

15:00

Trade Finance Services

 

      Import L/C, SBLC, Bank guarantee Issuance

14:30

      Import Bill under L/C

13:30

      Import Bill for Collection

14:00

      Settlement of Import Bills

15:00

      Export Bill under L/C

15:00

      Export Bill for collection

15:00

Other services

Please contact the bank for each service from time to time

(*) The cut-off time for Internal Transfers will be extended to 16:00 with the following conditions:

  • Transfer from account to account within BPCE- IOM Ho Chi Minh City Branch.
  • No supporting document is required.

General notes:

1. Timely Processing:

  • Valid payment instructions/complete set of documents/complete set of application fulfilled all criteria for issuance received before the cut-off time, accompanied by complete supporting documents and sufficient balance, will be processed on the same day.
  • Instructions/applications received after the cut-off time or lacking necessary documentation will be processed on the next working day or on the same day based on best efforts.

2. Loan Drawdown Instructions:

Payment instruction which is related to the loan drawdown shall be processed upon the completion of the loan drawdown documentations and loan is disbursed to customer’ s account before cut-off time.

3.Foreign Currency Payments:

Payment instructions in foreign currencies or those requiring supporting documents as per foreign exchange control regulations of the State Bank of Vietnam and internal procedures of BPCE IOM HCMC Branch will be processed upon receiving sufficient required supporting documents.

 

This information is for reference only and is subject to change by BPCE IOM HCMC Branch without prior notice.

Should you have any inquiries or require further clarification, please do not hesitate to contact the Branch’s Corporate Banking Department.

Thank you for choosing BPCE IOM Ho Chi Minh City Branch for your banking needs.