UPDATE THE TERMS & CONDITIONS FOR ACCOUNT AND HLB CONNECT

Dear Valued Customer,

Hong Leong Bank Viet Nam (“HLBVN”) would like to thank you for your continued patronage with us.

Pursuant to recent changes of regulations on the interest rate on premature withdrawal of deposits. We would like to inform you on the changes of the General Terms and Conditions for Accounts and Terms and Conditions for HLB Connect of HLBVN. The key changes are as follows: 

• With effect from 1 August 2022, customers are allowed to partially withdraw Deposits (including Fixed Deposit, Time Savings Deposits opened online or at the counter) at HLBVN before its maturity. Deposits withdrawn before its maturity will earn interest at the maximum interest rate equal to the lowest interest rate of demand deposits of HLBVN based on the type of customer and/or currency of the deposits at the time of premature withdrawal. The remaining deposit will continue to accrue interest as applied at the initial placement of the Deposits until its maturity. 

• In addition, there is an adjustment in process for opening account online via HLB Connect for new customers to create more convenience to customers.

For details of the updated General Terms and Conditions:

• Terms & Conditions for Accounts, please click the link
• Terms and Conditions for HLB Connect, please click the link.
  

Please reach out to your Relationship Managers or call 1900633068 if you have further enquiries or need additional assistance.

We look forward to serving your bank’s needs.