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Credit is the most important activity of the Bank, representing the highest in total assets, generate income from the largest credit card consolidation loan interest rate and at the same time also the most risky operations for the Bank.




-Credit activities bring the biggest source of revenue.

The expected revenue from credit operations depends on the scale, interest and time. All three elements have the organic relationship with each other.

Firstly, to expand the scale and network activity of the Bank to adjust interest rates for capital mobilization, stimulating loan;

Second, the term of the credit loan of the credit as long as high risk, then, and therefore the Bank's requirements on lending rate higher;

On Tuesday, the Bank must research and establish the relationship between the measures increase the scale with net income from credit operations through the interest rate suât spreads in the minutes.

-The scale of credit operations that affect the Bank's position.

The position of credit consolidation at Bank has been on the market thanks to the resources (financial, human, facilities), competitive, lucrative and effective power of using capital. ... The factors of influence on the great scale of credit operations. Because credit activities is the main activity of commercial banks, bringing the largest source of income, hence the scale of it has a major influence on the Bank's position.

-The efficiency of credit operations increased credit card debt help resources for the Bank. The credit financing to effectively reduce risks part. banks, other parts to thoroughly exploit more capital help from that increase income for the Bank.

The role of credit services for customers

The customers here including the bank credit consolidation supply was, or the granting of credit for banks. I.e. both loans, rent, thanks to the bank guarantee; and depositors, rental ... for the Bank.

For the first object above, credit activity of the Bank to help them expand production, business, search and exploit new opportunities, funding for capital when shortages occur, ...

For the second customer, bank credit operations to help them preserve capital (money and other asset) currency of generation benefits instead of idle money to not be profitable in the not yet used to it.

The Republic of Cyprus had a very large bank system in comparison with economy of scale, and proposed taxing savings has made the country staggered. Credit consolidation, grade scale, Vietnam bank sector assets are growing like?




* The fate of countries under the banking system
Recently, the plan taxed very high for bank deposits in the Republic of Cyprus, partly in terms of the rescue business credit package from the European Union (EU) for the country, people flocked to the ATM to withdraw cash.

The banking system and the stock market of Cyprus then had to suspend operations. Although credit reports and scores in the end does not get the support of the Cyprus Parliament, this event has made both financial markets rúng Europe, and threatened to push the region back to the crisis.
Quite a coincidence, before that city real estate Association also has a similar proposal is taxing savings and stumbled to the strong reactions from public opinion.

The scale of the banking system in Vietnam.
The scale of the Vietnam banking system also dramatic increases in more than a decade.
Specifically, the ratio of credit card debt consolidation than GDP grew more than 3.4 times in the period 2000-2010, and an increase of 1.6 times over the period 2006-2011. Notably, the credit scale strong growth both in relative and absolute number of credit repair followers since the 2004, 2005.

By the end of 2012, the total credit in the economy, according to figures announced by the SBV estimated .265 3.038 billion (increase of about 7% compared to the end of 2011), and the total assets of the banking system is .780 5.085 billion.
So, if compared with GDP in 2012 estimated .684 2.950 billion, the total assets of the banking system by 2012 by 172.36% of GDP and credit card in the economy by 102.97% of GDP.

After the economic stimulus package "crisis" in 2009 and some "effects" of credit growth to be the virtual, credit scale in Vietnam's economy is showing signs of slowed markedly. This phenomenon is to go along with the period of stagnation of the economy and the banking system step on the roadmap for comprehensive restructuring.

This is confirmed by the State of Bank (SBV) - Governor Nguyen Van Binh during a recent session with the Commission of the National Assembly. Even so, in fact, also according to official data provided from the SBV, as of the end of October, new credit growth reached 7.85%. Thus, during the last two months of the year, credit growth should reach at least from 4-6% more new credit growth targets of the completion in 2014..





According to credit reports, the head of the banking industry, there are many facilities to he can count as such. From the beginning of the year, the SBV has directed the SBV branches organize, deploy the Bank connection program-business in the local to extend credit and support the ENTERPRISES. Also, in coordination with the ministries concerned research and devising measures to handle problems related to credit activities. Besides, the TCTD also has launched more attractive credit programs and diversity, actively search for good customers to lenders.

On the other hand,  According to the credit reports, as of 30.9, system-wide credit rose 7.26% compared to the end of 2013. Compared to the 4.5% increase on 26.8, credit growth has 2.76% in more than a nudge, and the higher the level of 6.87% of the 9 months of the same period last year. In reporting the results of the third quarter/2014 of some URBAN COMMERCIAL shows, many URBAN COMMERCIAL credit growth are fairly compared with the second quarter/2014, even some NH achieved growth plan out all year.

Heads of State NHTMCP, as of 30.9, raising capital of the bank, there are 390,117 billion increase reached 17.67% from the beginning of the year, credit card debt help reaching 99% of the plan year, 300,324 billion loan. Profit before redundancy is 7,533 billion, up nearly 8 percent compared to the same period in 2013.

According to many credit experts, in times past, the SBV has made monetary policy flexible, proactive way, towards macro-economic stability and keep abreast of market developments. Can clearly see that the SBV has been harmonious and effective matching between the tool and the monetary volume of interest rates to control inflation at a reasonable level, macro stability, while supporting economic growth.

From the beginning of the year, the SBV regularly analyzes, reviews and forecasts available capital of the whole system of credit organizations as the basis for regulating the money supply, helping to ensure liquidity for the system consistent, medium level does not create pressure on inflation, has helped lower by interest rates on the market.

During the more than nine months beginning in 2014, the interest rate banks trading overnight frequently around 1.5%-2%/year, even at one point in the month decreased to approximately level 2.2014 1%, a record low level in many years. Banks lower interest rates on the one hand to create cheap, abundant capital, helping to reduce the cost of capital of credit organizations, contributing ground lending interest rates pulled the market down to a lower level.

With business credit card solution and results of bank industries over time, can believe that credit growth of SBV is relatively satisfactory, and this will contribute to difficulty, promote business development and credit restructuring in the direction of focus loan capital for the priority areas under the Government's undertakings.

You can easily access to credit check companies and manage your account your Visa HSBC credit card wherever you are via the online banking services of HSBC.



With the HSBC Online banking service, you can:
• See the balance and check the transactions of Credit Card accounts and other HSBC account (s)
• Make payments from (the) HSBC account easily and securely, 24/24
• Download and print the monthly account statement
• Manage and redeem Bonus points
• Subscription service secure online Payment of HSBC (SecurePay)

HSBC Online banking service is free, secure, simple and convenient. You can subscribe credit monitoring to the service with only 3 steps:
1. Visit www.hsbc.com.vn and click on the "sign up"
2. Create Online HSBC bank account you own
3. Select the account that you want to connect with online banking, HSBC
After registration, we will send to you a Security Device to log into Online Banking HSBC.

Bank By Phone
Telephone banking service by HSBC's free, convenient and reliable. This is one of the easiest ways to know the Card account information related to credit card consolidation at any time, 24 hours a day.

With credit repair of Telephone Banking, you can:
• Check the balance on your account and the nearest trading
• Transfer money from current account or savings account in HSBC on HSBC Visa Credit Card account
• Request the personal code number (PIN number) to use their Credit Cards at the ATM
• Change the PIN number of the Phone Banking service
• Manage and redeem Bonus points
• Activate your new Credit Card

Banking services by phone (84 8) 37 250 251 applied automatically and free of charge for all HSBC credit Cardholders Visa Gold and Visa standard.

Recently, the insolvency service, consecutive breaks occur at the local credit check companies come from black credit. So what is the black credit and why more and more black messy credit?




Black credit is the term or refers to the activities of the civil loan without going through the formal banking system. Black credit often occurred as the submarine activity, not noisy, but the implications of it, could be the ruin, there are even situations to secure the violence-filled debt, causing insecurity for social ...

A row in the local as Lang Son, Dien Bien Phu, insolvent cases are causing the formidable implications for people's lives. Most recently, credit reports show that the service people were receiving debt squeeze compensated hydraulic power in Quang Ngai province because of credit loans.

Business black credit is spreading from the North to the South, from the Plains to the mountains ... but all have one thing in common is the insolvent credit service occur largely black rural areas – where borrowers objects always use on the relationship the village neighbors even familiar relatives for loans more easily.

The lender, in addition to the important reason is intrigued by unusually high interest rates, credit card consolidation loan often also put great faith in the creditor because the think neighbor, her son or she wouldn't be able to trick yourself easily. But the reality from the insolvency service in a row indicate that "lenders by faith" is the main factor that brings great risks of disasters related to business credit card when that money, the real, that was surely not confidence is real.

Many deputies said that the black credit need to be controlled by the law, which focuses on some basic solutions such as loan interest rate provisions in the civil code related to business credit card.

Although civil law has clear regulations on loan interest rates. But actually, the situation for high-interest loans or "credit" is still constantly growing and increasingly more publicity. Any solution to the limit as well as termination of this situation?



"Black credit" refers to the active form of civil non-credit through the banking system or the official credit institutions would not, business registration, as well as not yet licensed, non-compliance nor governed officially by any State Agency. The form of this transaction not only destabilizing of security order, damage the network of people that left major economic damage, because social "black credit" has varied forms, with the scale, the result is increasingly unpredictable.

According to statistics of the General Directorate of the police in crime prevention, within the first 6 months in 2014, the country happened 141 service scam, 125 service abuse credit appropriation of assets related to "credit". Because of the greed of the people about business credit card with high interest rates have made it no less widely admired fainting people empty the entire capital loan assets, makes them unable, and mobilizing others to usury in order to make the word spreads, leading to the line.

In the context of the difficult economy, business loan demand increases song not everyone has access. Therefore, people are willing to hold onto on "black credit" despite the financial risk does not control. The left side of the "credit", laid out several issues and business loans for bad credit need measures adjusted by law.

Nguyen Ngoc Phuong, Quang Binh Union representatives stated comments: "in the process of implementation of credit loans between people of the same loan agreement, then this is not prohibited by law. Due to the advantage of this is that many illegal as the scam, hụi, broken at this is against the law but that the police have no right to intervene and now the Criminal Law also does not handle both national lenders, you have proof of fraud, but you do not pay then I also suffered.

Therefore I propose is this must bring in a law to control, to processing rules. I propose is to take on the criminal case, a thing borrowed of other people have proof which does not fulfill the obligation of repayment related to credit card would prejudice criminal liability ".

Because of the current provisions of the law remain loose and not enough deterrence so deceptive status from the increasingly black credit and loan activities are so blatant.

Business credit reports show that the current criminal code there is only 1 thing only (article 164) regulates the behaviour of heavy interest rate loan but must meet both factors: interest rates 10 times the highest interest and specialized nature of sweatshop (lived usury and used many tricks to force lenders and repayment). In the meantime, this is not easy to prove and define should have caused difficulties for the police during the investigation, handling.

The delegates said that one key solution to regulate credit card the lending activities in civil transactions is regulated lending interest rate ceiling. In the past 10 years, the civil code in force enforcing the provisions in clause 1, article 481: "interest rate due to the parties to the agreement but not exceed 150% of the basic interest rate by the State Bank announced". This has shown their inadequacies because of the fact that the interest rate on the market related to business credit card were far beyond the level of this regulation.

Credit consolidation,brings more convenience to users, but many still wonder about the fees for using the card. If not aware of the principles of the Bank's fee, the card holder can find themselves paying more ridiculous charges. The credit card holder must pay a basic fee: 2 types of fee and annual fee card. Each option, each issuing bank fees is usually 100,000-200,000 VND. Some banks issuing cards, free or reduced fees to encourage customers to open the card.



The main function of the credit card is to pay when buying goods, services. If the cardholder uses the card to spend and payment of the credit limit, the Bank will not be collecting any fees. Fees of 3-5% on the value of the payment will be collected by bank and credit check companies accept unit. In foreign countries, the rate of profit of the retail industry is usually large (about 20%), and ratio of people are paying with credit cards as well as high social trend, so most sellers accept this fee. But in Vietnam, the rate of profit of some sectors still low so many cases of people selling currency back to the buyer's fees of 2-3% if paid by credit card.

This is the principle of making the unit accepts the card, the Bank usually has a fine regulation if the seller violates this. Card users should ask the Bank's regulations when open registration cards to avoid the cases being charged ridiculous. Some banks have a promotional incentive for customers to use credit cards for payment at the unit to accept the card as a partner of the Bank. When using a credit card to withdraw cash at the ATM, POS, the card holder will be charged on banks that amount at the rate of 3-5% depending on the brand and where cards to withdraw money.

In addition, this credit card debt consolidation amount being charged interest according to the interest the Bank announced withdrawal from the day to day pay off debt; and there may be currency conversion fees. How to charge so high is because the Bank does not encourage the credit cardholder to use the card to withdraw cash.

Monthly, to the window, the Bank will total the amount spent by the customer's credit card and sent recorded statements 1 the amount used during the month. The customer must pay this amount within 15 days.

If the time limit, the customer will have to pay interest to the Bank on the amount slowly charged and subject to a fine, usually 3-4% on the amount slowly charged. Because of the relatively high fines should use credit card billing statements that need attention on time. In addition, the credit card fees prescribed by the Bank for the services related to the use of the card.

More than 80 percent of American households have at least one credit card. The reason is very clear: Credit Card offers great advantages compared to other payment methods. Because of that in Vietnam there are many credit card users. Especially in cities, shopping, dining and light cards seem to have become familiar. By the benefits and modernity that credit cards bring to our lives.




The convenience and flexibility of a credit card
This means you do not need to use cash when going shopping or not enough money in the account to buy. With the dụngtrong card hand, Credit consolidation only need light cards and favorite items certainly will with you. Form used before the following without paying interest to 45 days will help your flexibility in spending.

The cards help your credit rating
Many people said that should not use too many credit card and that is a bad thing. However, financial experts recommend having at least 1 to 2 credit card. By in fact, regular use and debt will help you quickly build an attractive credit ratings for themselves. And this of course will help you to search for the source of the loan easier.

Use credit card for safe shopping
If you like to shop online-can is the new outfit, hotel booking, flight tickets, ... used by credit card will secure for you. Thanks to modern feature is the secured cheapest credit cards and fraud. More credit card transactions will be the Bank better control and make sure that you will limit the risk of fraud.

If you have credit consolidation - a fraudulent credit card, then please don't do anything but contact your credit card company to get the help and resolve fastest. In addition, the use of credit cards will help you more safely when spending abroad, for example if it is lost or misplaced on the beach, you can take notice and immediately be issued replacement cards.

Track specific spending each month
If the transaction in cash, if you can keep all the Bills to pay and manage monthly correctly? This view is difficult. But when you use a credit card, on fixed monthly, the Bank will send you a detailed statement offers the transactions you've made in months, including amount, date of use, where the provider ... via email or letter of guarantee. This will be necessary in the course of your own spending.

The value of that sale will have when using a credit card
To encourage people to use the cards, many banks affiliated with credit consolidation companies to offer incentives to stimulate demand superior use of your credit card. You can be reduced from 30-50% for service shops, dining, spa, entertainment ...

While credit growth system in 4 months, only lẹt đẹt at 0.62%, bank credit has increased by over 10%. Moreover, the profits of many banks also soared.

Quarterly financial report I/2014 that many banks announced revealed many credit consolidation surprises, the most notable is both profitable and steadily increasing credit very satisfactory, although the general situation of the economy have not had many changes.




Most unexpected acceleration of profitable quarter of 2014 the Techcombank. According to the credit report which the Bank announced, unified profit before tax in the quarter reached 673 billion, an increase of 69% over the same period, reaching 57% of all profit target by 2014. Compared to the year 2013 is 842 billion, profits of Techcombank quarter this year by 76.6%.

Similarly, has just undergone a year of growth, song up to 2014, the Eximbank's better profits. Leader of the Eximbank said the Bank's profits totaled 580-600 billion in the first four months of the year 2014, by 2/3 of the profits before tax by 2013 (827 billion). Eximbank is planning, profit before tax in 2014 at 1,800 billion, twice as high than done in 2013.

Also achieving satisfactory profit growth's SHB Bank. As of first quarter/2014, SHB reached 271.5 billion pre-tax profit, up 53.9 billion. 2014, SHB credit growth planning, 22.8%; profit before tax was 1,270 billion, up 26.9% compared to perform in 2013; 9% dividend.

About credit consolidation, in the first quarter of this year has witnessed the growth of the "spirit" of many banks.

Specifically, the quarter of 2014, VIB credit growth to 7.1%. TPBank credit growth in the first quarter to 12%. In some other banks, like the BANK Techcombank, ... credit, rising at the rate of 2-3%.

That's very high credit growth compared with the overall rate of the country (up to 20/4, full credit system only increased 0.62%).

Comes with Vietcombank, business credit card will be met all the demands on working capital as well as medium and long-term capital. With business strategy towards customers, Vietcombank commitment for business best loans accompanied by perfect service quality.




For working capital needs, to help the business operate effectively throughout the business cycle, Vietcombank is ready to meet the demands in a timely fashion, with many forms of loans to suit the flow of money in the business credit card and financial plan of the enterprise.

For medium and long-term borrowing needs, Vietcombank provides diverse credit services in the sector for long-term loans for investment projects. Vietcombank is always ready with the business throughout the project process as from the appraisal, advice, loans and to manage the project.

Outstanding value of Vietcombank

Is one of the leading commercial credit bank and was voted as the best bank in Vietnam for many years;
Provide diverse products with competitive interest rates and most reasonable cost.

Reputation and financial resources, to ensure the implementation of the commitment to the business;
There is much experience in working capital loans as well as investment projects in different economic sectors.

Capable of providing large credit limit as well as the ability to organize/sponsor resources for large-scale projects to very large projects with key national projects or have foreign elements;

Professional, enthusiastic, qualified credit experts and ready to advise financial as well as business administration.

Unable to repay the debt with interest from black, more than 90 credit business owners in Wenzhou (Zhejiang Province, China) fled, three people committed suicide.

Within a year, underground credit markets quickly exploded in Wenzhou City and many other places of China like Guangdong or the area of Inner Mongolia. This shows that the impact of the credit crunch for the activities of the private business. At the same time, it also alarmed computer big risks of the condition increased interest rates on credit repair informal lending market is growing and spreading in China.



Wenzhou is considered the "capital" of small and medium enterprises with nearly 400,000 businesses. The credit market boom in increasingly black cities such as Wenzhou when individuals or businesses have more credit monitoring services cash in here want to earn more profit than by giving the small and medium business loans with interest rates from 40% a year or more. The Chinese Central Bank said almost 90% of the residents in the city of Wenzhou and nearly 60% of businesses in this engaging in private credit markets.

When participating credit repair in this market, but big profits but the lenders suffer high risk levels that many people commented "like a gamble". For owners of small credit card businesses, they have no choice other than to seek the source of private credit to borrow money despite having to pay high interest rates;

Among small and medium enterprises in the 360,000 Wenzhou, from the beginning of the year have 30% of withdrawn or closed. Some businesses go bankrupt had to loan with interest each year up to 120%. In addition, almost 100 business owners tried to flee and had three people committed suicide because can not repay huge debts.Break bulk black credit in China

Unable to repay the debt with interest from black, more than 90 credit business owners in Wenzhou (Zhejiang Province, China) fled, three people committed suicide.

Within a year, underground credit markets quickly exploded in Wenzhou City and many other places of China like Guangdong or the area of Inner Mongolia. This shows that the impact of the credit crunch for the activities of the private business. At the same time, it also alarmed computer big risks of the condition increased interest rates on informal lending market is growing and spreading in China.

Estimates of the private credit market of China accounted for about 10% of GDP. The strong development of this market raised concerns about the risk of outbreak of bad debt in the world's most populous nation.

Wenzhou is considered the "capital" of small and medium enterprises with nearly 400,000 businesses. The credit market boom in increasingly black cities such as Wenzhou when individuals or businesses have more cash in here want to earn more profit than by giving the small and medium business loans with interest rates from 40% a year or more. The Chinese Central Bank said almost 90% of the residents in the city of Wenzhou and nearly 60% of businesses in this engaging in private credit markets.

When participating in this market, but big profits but the lenders suffer high risk levels that many people commented "like a gamble". For owners of small businesses, they have no choice other than to seek the source of private credit to borrow money despite having to pay high interest rates;

Many businesses lack capital in China can't access loans of banks to turn to the private credit market with annual interest rates of up to 100%, higher than the 15 times the standard lending rate that the Central Bank of China. This was due to the Bank of China were not allowed to apply a higher interest rate for the loans much risk should mainly just for the large enterprise loans, avoiding the small and medium enterprises.

However, in the context of General exports to China are in decline due to the world economic situation is complex and variable salaries paid to workers, many businesses in Wenzhou have fallen on the scene could not repay and led to mass bankruptcies. Among small and medium enterprises in the 360,000 Wenzhou, from the beginning of the year have 30% of withdrawn or closed. Some businesses go bankrupt had to loan with interest each year up to 120%. In addition, almost 100 business credit card owners tried to flee and had three people committed suicide because can not repay huge debts.

If as in the third quarter, some banks, including foreign banks still lending real estate now almost all have closed this credit channels.




A client wishing to borrow 2 billion mortgages by Red Book road House is priced almost 20 billion in success (Hanoi), at the same time prove to be revenue credit monitoring from dozens of houses for rent.

Credit reports in the past week has brought record over 4-5 banks receive refusal. She said the beginning of the week ANZ agreed to lend but come mid-week announcement again closed this program.

Earlier, at the foreign bank, the customer has the Windows red, pink can do loan profile buying property easily. Loan duration wiht credit check companies can last 20 years. To the loan, the customer must make records, including papers on collateral relatives, papers, presented the purpose of the loan and have to prove income.

After receiving the customer's profile, a professional real estate company was appointed Bank asset valuation and will have a rank value for the Bank. Only 2 days, consultants for the right results and after 7 days of the credit loan will be disbursed.

Trade discount coupon

The client can give the trader the votes up to ask for credit repair the discount before maturity. The amount depends on advance bank interest rates of discount, discount deadline. Usually the Bank signed a contract with the discount, when need customer discount coupons just send up the Bank discount. Because there are at least two people committed to pay to the Bank should be safety of highly coupon.



Overdraft:

Is that lending business the Bank lets you borrow are overspending (beyond) the payment deposit balance. Overdraft based on the expense of the client do not match credit check companies in terms of time and scope. The time and the number of missing can be predicted based on the anticipated funds song incorrect

Direct lending each times

Is the loan applied for customers who do not have regular borrowing needs, do not have the conditions to be granted overdraft limit. Each term in the contract, the Bank will collect the principal and interest.

Loan limits

This is the credit profession under which the Bank agreed to grant the customer credit limit. The credit limit can be calculated for the entire period or end of period. That is the maximum balance at the time of the computer. In this business credit card of the Bank not predetermined duration and term debt credit, when customers will Bank income currency debt, thereby creating actively managed client funds

Loan transfers

Business loan is based on the rotation of the goods. Business purchases may lack capital, banks can loan to purchase credit and will collect when sales business.

The loans based on the rotation of the goods should the Bank and business are to study the plan moved the goods to predict cash flow in the coming time. Lenders usually rotation applicable to commercial businesses or enterprises have ki consumption, short on loans charged TRANS-trade

Installment loan

Form of credit, under which the bank allows customers to pay many times the credit score stem within the agreed credit. Installment loans are usually applied for the medium and long term loans, financing for fixed assets or durable goods

Indirect lending

This form of lending through the intermediary organization, teams, or through retailers. Indirect lending is usually applied to credit repair services the market have many small loans, borrower dispersed, away from the Bank

Property rental (hire-purchase)

The Bank's lease is the form of medium and long - term credit. The Bank bought the property for rental customers with the duration for which the Bank must collect nearly enough (or enough) rental property value plus interest. Expired lease customers can buy back the property.

Guarantee (or recycling)

The guarantee of the Bank is the Bank's commitment in the credit repair form of letters of guarantee about the implementation of financial obligations instead of the Bank's customers when the client does not perform proper service as committed. There are three brand guarantee party: the party entitled to the guarantee, the guarantor, the guarantor, and the Bank is the guarantor.

Credit make business processes are continuous and stable

In production and business credit card activities cannot be exchanged directly between the right and the money thus need capital to not interrupt the production process need to bank credit, make the production process is constantly stable and can survive.



As credit conditions created the leap development of social economy

Money always present in all economic and social activities. Business credit card activities in the shorten time to fast rotation of capital so that each business owner must be active searching and implemented many measures such as the application of scientific and technological achievements ... these things do require a large amount of capital. And bank credit is where can compete each other and will make the economy grow leaps

Credit is a tool to regulate the State's macro

The State can regulate the economy between regions, sectors, different sectors through the State's bank credit to be able to promote all of the potential of all 3 credit scores that industry, bringing together the region's economy which flourished up and condition as the other regions

Credit facilitated economic relations development

The middle of the bank accounts in different countries to link for the business relationship between the countries was taking place more favorable, trusting credit score each other than to the partners assured cooperation

1. Never leave purses, handbags no person shall keep, and don't bring identity card (ID CARD), birth certificate, or passport in your purse or handbag unless credit card is really necessary. If the card or your driver ID CARD is lost, please report immediately to the competent authorities.

2. Immediately notify the credit consolidation issuing bank if a new card or cards are reissued by the loss not allocated to you on the specified date, and be sure to cancel the entire credit card account which has long you no longer need to use.



3. Sign up to the back of the credit card and debit card by bad credit business loans marker pens right after getting the card. Do not write your credit card number or debit cards cheques on the sheet, or use your card number as a means to identify you in the other payment methods.

4. Never throw away trash in public Bill. When the need to dispose of the Bill or the old statement, please cancel the entire paper on which to print your card account number.

5. Never provides payment credit consolidation information or bank account information to anyone over the phone, whether you are the person who made the call, unless you completely believe the call is safe and the provision of information is really needed.

6. Remember the time you get the monthly account statement by the Bank. If the March would not get on the correct statement, contact your bank immediately. Please regularly check credit reports and scores statements carefully. If you detect in a statement the transaction is not licensed or have any doubts, please immediately contact the Bank or the parties concerned.

7. Please list all credit card account and your bank account and store them in a safe place, include account number, expiration date, contact telephone number of the customer service and fraud prevention services.

8. Always remember to check your card as soon as you receive the credit consolidation from the cashier's hand after making payment transactions.

Besides the proceeds from issuing activity and the payment card, the business credit card also had to leave out many types of expenses, including:




-The cost of machinery and equipment for the basis of acceptance of the credit card. This is the account the cost related to the fixed assets of the Bank. With the increasing development of science and technology, this costs accounted for a large proportion of the total cost of business credit cards by the speed of the depreciation of machinery and equipment.

This is a relatively major difficulties for the development of the market of card by the majority of the equipment must be imported from foreign countries have high scientific and technical level.

-Printing costs and a encrypting information, manage customer records: this costs relatively stable and accounted for a small proportion of credit reports.
-The fee to join the international card organization: this paragraph is fixed annually and hosted international cards regulation.

-The losses due to the risks arising
-Salaries of public employees to participate in active trading cards: relatively stable, this might increase according to the increase of the sales business credit card but its growth will be slower in growth of paid sales. Therefore, the proportion of salary and social welfare will decrease relative to the proportion of the cost of business cards.

-Other costs include: insurance costs related to credit reports fixed assets, the interest payments for the balance of the deposit account customers in the banking and other related costs, costs for advertising, Marketing the card products ...

In addition, if the Bank does not release enough of the card signed every year with the international credit card organizations shall also be subject to a fine in an amount corresponding to the number of available under the contract.

May said the cost for the card business is very big, therefore, manage costs is an indispensable work in the business credit card.

With nature as a service, the card gives the Bank many different revenue sources. First of all, are the annual fee that credit card holders must submit under contract to use credit card. This fee does not much and only slightly less contribution to the Bank's earnings. However, we can say that the Bank is always beneficial when performing card transactions.



Second incomes relatively stable that the Bank obtained it is collecting from the unit to accept the card. For the basis of acceptance of the card then this credit monitoring fee is considered a fee for each Council in revenue gained from the acceptance of payment cards.

This is regarded as the trade discount account. In addition, the client must also pay an interest if not paid in full according to the statements. Slow charge charged that the Bank applies for each cardholder statements, bank payment credit cards owners forced a minimum deposit, the rest will apply slow-pay fees that are past due interest.

The biggest bank revenues obtained from charges is due to make a payment to another credit institution or to the credit card issuer. This fee is called College storage payments. There are also fees renewal fees, credit investigation, charge card stolen, lost ...

All this revenue to bring a lucrative rate quite high, up to 20% each year for the Bank, create attractive for those business credit card. Lucrative rate on business credit card activities rise above all other business types with 1% growth on market scale and attached to it is the strong growth of profit in business

With entrepreneurs:
Designed exclusively for businesses, the credit repair brings Business Sacombank optimal solutions for the problem of spending management organizations, business units, and is the perfect trading methods for each individual in the organization.



the white yoke personal and business expenses
No need for EMPLOYEES who work
Minimize risk when carrying large amounts of credit repair cash on a business trip
Not Exchange when working overseas

Free insurance packages:
Accident insurance travel worldwide for cardholders and families with maximum credit card compensation level at 10.5 billion VND
Loss of luggage insurance with compensation 10,500,000 USD
Baggage insurance deferred compensation with 5,250,000 USD
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Platinum card: 200 million-5 billion USD

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Open too many credit card

A bad habit of ATM card affects using credit card. So the company changed the Bank paid, free programs released cards much ... should the person along at nearly a dozen ATM card is normal. However, with credit cards, if opened too much would be a great trap for every user because it will affect your wallet.



Under the leadership of a Bank, each person should only have a maximum of 2 credit cards. Besides, the credit-rating criteria important to the Bank can borrow money credit card debt help from the now-will not good if the Bank knows you open too many credit cards.

If granted the large limit, you simply open a card. Should not because hearing the advertising "free", "free" annual ... of the Counsellor that talk for themselves. Besides, the annual fee is often just the first year and free of charge services related to credit card of any bank is often more expensive than conventional credit consolidation.

Don't remember payment date

Because never have to pay back the money spent for Bank ATM cards so many people often forget the payment schedule when using credit cards. Deferred charges is never low. Not to mention, the interest will start to be charged with expenses during the month.

More importantly, you'll be jumping group bad debt if the unpaid balance of the debt limit to a minimum in the period. So, to remedy the situation, so to remind on the phone or credit consolidation, payment initiative as soon as wages, there is earnings.

Cash Withdrawal

The main role of the credit card is not a payment to the cash. However, not a few people still forget to stir this despite all the publishers are charging cash quite high (from 3-4% of the amount withdrawn). Not to mention, this money will be viewed as personal credit card with interest calculated from the time of withdrawal.

However, also does not exclude some people open the only credit card to withdraw cash, despite the fee is very expensive. This credit card consolidation loan should only be used in the case of finite by will make you easily fall into the spiral of debt.

The chance of this profession are still on the list of "potential" though pretty much the payment transaction related to business credit card for personal purposes through the Bank are being encouraged through time.

According to figures of the Vietnam Bank Association, new card payments accounted for only about 2% of the total means of payment. However, the potential development of credit card market in Vietnam is huge, especially for evaluation after Vietnam became a member of the WTO.



More and more participating banks released credit card products of "nation" as Master, Visa through the network of the business card. Competition on the credit card market as violently, the more demanding in employee business credit card these qualities characterized as honest, enthusiastic and flexible.

As well as the new form of payment for consumers should in the course of work, staff business cards are faced with many different situations require enthusiasm and flexibility in resolving.

The employee said the business credit card of customers because many different reasons lead to the slow, slow payment charge expenses ... frequently occurs. Some customers when using the card being slow and payment fee deducted interest expenses because of overdue payments, do not understand should react so fiercely with staff business cards. In such cases, according to the staff business cards, they are downright soft, elegant and consolidate credit card debt on permanent mouth a "sorry".

Mr. Trần Anh Tuan, Deputy Head of card services Incombank, said like other positions in the Bank, because every day are exposed to staff business cards money should first of all be honest.
"The review process very strict credit card, right over the stitching authentication should not be arbitrarily be"-you Phan Anh Tuan, employee business credit card at a Bank said.

"The customer is always right" is the golden rule that the employee business card always consider, by credit card is still quite strange with the Vietnam. In each of the banks always have customer care Department, but the fact is people using credit card in the event of a problem usually just called to staff business cards. So, they are always in the center of the world is ready, just up the road called the customer regardless of rain, day and night.