Main
features
-
Cheque
can be encashed or used for fund transfer
-
There
are two types of cheque:
- Paycheque into account: the
beneficiary cannot accept cash. This limits risks for improper payments to
beneficiaries.
- Crossed cheque: customers can
limit the scope of the cheque payment for a certain bank or a certain
payee that has an account at that bank.
Benefits
-
Low cost
-
Safe,
comfort, avoiding concerns of using cash
-
Customers
can strengthen the solvency of the cheque by asking Agribank to verify that
sufficient funds exist in the account to cover the check (certified cheque).
-
Thanks
to a wide network of over 2,200 branches nationwide and IPCAS system that
allows fast online bank transfer, transaction time is shorten significantly.
Customers can present the cheque at any branch of Agribank for payment.
-
Agribank
actively contacts with institutions to ensure to update customers with status
of the cheque in earliest time
-
Customers
make choice between the two methods for exchanging the cheque:
- Present the cheque to be paid
at any branch of Agribank in Vietnam
- Via Clearing House
Fees
-
Fees
and charges apply according to current Agribank Schedule of Fees and Charges
How to apply
-
Complete
“List of cheques for settlement”
Delivery channels
-
Branches/transaction
offices, ATM’s of Agribank nationwide or automated channels (E-banking)
Technology applied
-
Agribank
uses automated system (IPCAS) to track customer information, accounts, amounts
of interest payment, etc. with the highest security and accuracy.