SHB announces to stop implementing Flexible Online Savings and Automatic Savings products on Ebank SHB

Saigon – Hanoi Commercial Joint Stock Bank (SHB) would like to thank customers for trusting in choosing and using SHB’s products and services in recent times.

With the desire to improve products to bring great experiences to customers, from May 21, 2023, SHB respectfully announces to stop implementing the product “Flexible Online Savings and Automatic Savings” on SHB Mobile/SHB Online, specifically as follows:

  • From May 21, 2023: the customer will ARE NOT Open new flexible Online Savings/Automatic Savings products on SHB Mobile/SHB Online.
  • For flexible Online Savings products: SHB Mobile/SHB Online will display each independent savings account with the correct amount and term as agreed between SHB and the customer at the time of opening the savings account.
  • For Automatic Savings products: all registered customers’ savings registration schedules will expire from the moment the product is stopped and no new savings registration schedule will be created.
  • For flexible Online Savings/Automatic Savings books opened before May 21, 2023: Interest and principal will be maintained until the end of the current term of the book in accordance with the commitment to you and the product regulations.
  • For flexible Online Savings books/Automatic savings until maturity date: If the customer does not settle and/or does not apply the principal and interest maturity method in the pre-specified current account, SHB will transfer all principal and interest (if any) to a new product, Online Savings with a term of Corresponding interest rate term at the time of transfer.

For more detailed information, please contact SHB branches or transaction offices nationwide or Hotline 24/7: *6688 for answers.

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