SeABank launched Future Accumulation and Nurturing Dreams product

September 09, 2013 | 15:20
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Southeast Asia Joint Stock Commercial Bank (SeABank) announced new long-term savings products, noting the Future Accumulation and Nurturing Dreams packages, as a service for parents, other family members, and friends to open small, long-term bank accounts for children.

In celebration of the product launch, SeABank is offering 0.5 per cent a year bonus interest to all clients who open an Accumulated Savings account in the first three months, ending October 4.

Customers can select fixed or flexible deposits depending on their personal financial situation and goals. They can also choose an account term from 15 to 240 months and must make a monthly deposit of VND200,000 ($10).

The Future Accumulation savings product enables a customer to open an accumulated savings account under his/her name and pay into this account. The customer has the right to select the beneficiary.

The Nurturing Dreams product lets parents act as a guardian of an account under their child’s name.

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