The Saigon - Hanoi Bank (SHB) has just launched a new financial solution package for FDI businesses, offering attractive incentives, along with streamlined procedures and simple documentation.

Under the package, new FDI corporate clients of SHB will receive “lucky” account numbers when they open premium VND and foreign currency accounts at the bank.

Additionally, customers will benefit from free domestic money transfers at SHB counters or via its online banking services; free inbound international transfers; up to 90 per cent off with outbound international transfer fees; up to 75 percent off with import letter of credit (L/C) fees; and waived or reduced international payment fees.

The incentive program will be applied to all transactions. Furthermore, the bank offers competitive exchange rates and convenient procedures for foreign currency transactions.

As part of the package, FDI enterprises using SHB accounts for employee salary payments via Internet banking will enjoy completely free transactions both within and outside the system.

SHB also offers a range of benefits to the employees of these businesses when they open an SHB account, such as credit card issuance and unsecured loans worth up to 20 times of their income, with a total limit of up to VND500 million ($19,640). Additional perks include free SMS notification services and free ATM withdrawals, among others.

"With a customer and market-centric approach, SHB provides a wide range of modern banking and financial services, meeting the needs of our clients in the best possible way”, a leader of the bank stated.

“Recognizing the importance of FDI enterprises to the national socio- economic development and understanding their desires, SHB designs products and solutions tailored to their needs and business models. We have also built a professional team equipped with financial knowledge and fluency in multiple languages to effectively support and understand our clients", the leader added.

In addition to the account and transaction fee incentives, SHB Corporate Online, along with its advanced digital solutions, serve as effective tools to help clients, including FDI enterprises to manage cash flow, business operations and foreign exchange transactions conveniently and quickly.
SHB's products and services, which have been trusted by customers over time, include domestic and international payment services, foreign exchange transactions, loans and guarantees, and commodity/forex derivatives.

Over the course of 30 years of development, SHB has solidified its position as one of the leading financial institutions with regional and international reach. The bank aims to be a trusted partner, offering appropriate solutions and continuously supporting individuals and businesses for the nation's development.