Bank damn money in small denominations ?
05/10/2014 08:43 ( GMT + 7 )
TT
- Mr L.Q.T ( District 8 , HCM City ) said business internet service due
to the daily proceeds mostly loose , par value of 1,000 , 2,000 , 5,000
Vietnam dong, the end of the day I often collect some proceeds paid into the account .
Banknotes in denominations of 5,000 Vietnam dong or less not easily submit large numbers in the bank - Photo: Thanh Dam
Transactions made in a transaction in Binh Tan District Sacombank . Initially Mr . T can still pay account but 28-4 last day had banks charge a fee for
the payment of small denominations with 55,000 Vietnam dong.
"Usually
one day I filed from 3-4 million Vietnam dong, that day falls on a
weekend so I put two more days to be paid 7 million usd into account the
above be charged with ," he said , and for T that the charge is so absurd because any denomination of money though well worth circulating the same, why such discrimination ?
T He also pressing for the implementation of charging inconsistency . Shortly after his charge was changed to T in a transaction other
transaction of Sacombank in District 8 , the NH staff still paying for
his account without paying toll in small denominations .
Reply
to this issue , Sacombank said current regulations on fees banks can
cash in small denominations tally , 5,000 Vietnam dong or less for a
customer to send payment in the account or payment . The fee equivalent to 0.5 % of the amount , a minimum of 50,000 Vietnam dong, excluding VAT .
However, directors transaction basis or branch manager , transaction
manager is free to consider reducing or tally for each customer.
As a result of a transaction in Tan Binh District tally toll of small
denominations clients on compliance with regulations is 28-4 .
Tellers also notify the customer before the customer charge and agreed. But
the customers not counting fees paid to the previous trading day after
day 28-4 and 28-4 ( in a different transaction ) transaction manager is
so flexible to customers for free as provided .
According
to the understanding of youth , charging fees when customers pay in
small denominations , not just in NH Sacombank which has piloted in some
areas , customers apply the payment of the par value of 500 Vietnam Vietnam dong to 5,000 dong , the number of 100 sheets or more , the fee is 50 popular Vietnam dong for one.
However, this charge is also very flexible and inconsistencies between branches and transaction offices in the banking system .
Deputy
general manager of a bank in HCM City said the fee when customers pay
little or no par value depends on the circumstances, customers often pay
small denominations with a large number of the new bank fee . As for regular customers do not pay retail , the free NH .
Branch
Manager of a large bank in District 3 , Ho Chi Minh City said the bank
does not charge tally with small denominations of money paid into the
specified account if the customer moved within two working days , the
bank will charge tallying to avoid customers taking advantage of the NH apparatus for counting tool .
" It must be understood to NH for counting money in small denominations so extreme . Not to mention the currency in small denominations are very difficult to read out to customers , " the director said .
According to the bank , people actually pay retail bulk in NH is not
often because usually the change is kept to cycle in traffic , or it is
waiting for the other person .
Moreover, people may be afraid to bring small amounts remitted to the
bank because waiting is losing the tally for both banks and customers .
Meanwhile Ho Chi Minh City representative said the central bank does
not have rules about this and some banks charge a fee as a form of
service fees .
However, according to Mr Cao Sy Kiem , former Governor State Bank said
that although not prohibited under the regulations but in fact many
banks did not compete fee to attract customers .
"
The fee may be construed as limiting the way banks receiving money in
small denominations because banks do not have the right to refuse to
take people's money . However, this will reduce competitiveness to attract customers , "Mr Kiem said .
ANH HONG
By Tuoi Tre News