Off-hours — we reply first thing at 9:00 local. Vy is always on.
One of Vietnam’s largest private domestic banks, with a wide branch network and established SME and corporate onboarding.
The Direct Investment Capital Account that receives charter capital, and the operating account the business runs on afterwards.
Domestic payments in dong, and foreign-currency handling for a foreign-owned entity’s inbound capital and cross-border invoices.
Domestic revenue in VND with some cross-border invoicing
VND for domestic operations; foreign-currency accounts for a foreign-owned entity’s inbound capital and cross-border invoicing, within Vietnam’s foreign-exchange rules.
Corporate online banking with token or app-based payment approval; English interface availability varies by bank and is confirmed for your branch.
Expect a named contact at the branch that opens the account, and monthly statements in Vietnamese with English on request.
The bank cannot see who ultimately owns the company. A chart to the individual owners, with documents behind each layer, settles it.
The registered lines of business do not match what the company says it will do. The bank stops until they do.
Where the charter capital comes from is not evidenced. Banks expect a source they can document before it lands in the capital account.
Capital that arrives late, or before the account exists, creates a compliance problem the bank will not want to inherit. Sequence the account first.
Your entity route, activity, capital plan and ownership affect which banks are realistic in Vietnam. Tell us the setup and we’ll tell you whether this bank is a fit, what the file needs, and what to fix before submission.
More clients onboarded, higher payout.
Straight to the account.
More referrals unlocks higher payouts.
