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10
Open bank account
(last modified: 10/4/2015)

Contact details

Entity in charge

Any commercial bank in Quy Nhon

Quy Nhon, Binh Dinh Province
Website: http://tinyurl.com/ov9yosy

Expected results

Bank account detail card 01 - Bank account detail card

Requirements

1. Bank account opening form
Bank account opening form (3 original )
2. 01 - Libre deuda de patente
Certificate of branch/representative office operation registration (an authentic copy)
3. 01 - Libre deuda de patente
Authenticated copy of passport or Vietnamese ID card of representative (original)

Time frame

Waiting time in queue: Min. 5mn - Max. 10mn
Attention at counter: Min. 10mn - Max. 15mn

Legal justification

1. Ordinance 28/2005/PL-UBTVQH11 on foreign exchange control dated 13/12/2005 by the Standing Committee of the National Assembly No. 11
Ordinance 28/2005/PL-UBTVQH11 on foreign exchange control dated 13/12/2005 by the Standing Committee of the National Assembly No. 11
Article 11.
2. Ordinance 06/2013/PL-UBTVQH13 amending and supplement some articles of Ordinance 28/2005/PL-UBTVQH11
Ordinance 06/2013/PL-UBTVQH13 amending and supplement some articles of Ordinance 28/2005/PL-UBTVQH11
Article 1.4.

Additional information

Applicant asks tellers for bank account opening form and fills up the form before handing in.
Investors are required to put a deposit in their bank accounts and the required deposit is different for US$ and VND bank accounts:
  • VND 1,000,000 for a VND bank account, and
  • US$ 300 for a US$ bank account.
This money is also the minimum balance required for any active account.
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