NCB Bank offers incentives for businesses to reactivate digital bank accounts

National Citizen Commercial Joint Stock Bank (NCB) is an ideal choice for many businesses looking to enhance their operations in the last portion of the year by continuously improving their digital banking apps to match current requirements and providing valuable and practical incentives.

The UOB Business Outlook Study 2024 (Singapore edition) surveyed over 4,000 businesses in 7 significant nations throughout ASEAN and China, including 525 enterprises in Vietnam. The study found that up to 90% of businesses in Vietnam have a positive outlook on the present economic environment.

Furthermore, businesses are exhibiting a heightened level of confidence while also adopting a more prudent approach in anticipation of forthcoming obstacles, including escalating input costs, supply constraints, operational complexities, logistical hurdles, and interest rate fluctuations.

In order to enhance confidence and foster greater motivation among businesses, National Citizen Commercial Joint Stock Bank (NCB) has intensified the implementation of financial instruments, in addition to offering a wide range of practical incentives, to assist businesses in digitizing their management processes, minimizing operational expenses, and maximizing profitability and overall business performance.

Expanding features, enhancing digital banking experience

In late 2022, NCB launched the NCB iziBankbiz app, which is particularly tailored for busy businesspeople who travel frequently and require proactive management capabilities. Featuring a contemporary interface, efficient financial task management, a versatile authorization mechanism, and intelligent management capabilities, the app swiftly gained popularity among the Vietnamese business community and secured a spot in the "Top 50 Cool Products and Services 2023" as recognized by the Vietnam Economic Times (VnEconomy). The app is accessible on both Internet Banking and mobile devices (via the NCB iziMobiz app), enabling users to conduct transactions and synchronize data across all platforms, including desktops, mobile phones, and tablets.

This year, NCB is upgrading its digital bank, NCB iziBankbiz, to improve the user experience and provide companies with efficient, secure, and rapid solutions for managing cash flow in the digital realm.

NCB consistently upgrades NCB iziBankbiz, aiding businesses in enhancing their management capabilities and optimizing their operational expenses

Furthermore, the app offers a range of essential functions including the ability to initiate deposit contracts, make regular money transfers, process employee payments, access account information, generate reports on deposit accounts, loans, and guarantees. Additionally, users can conveniently settle bills for utilities such as electricity and water, as well as expenses for mobile phone, internet, airline tickets, and tolls. This not only helps to reduce costs and save time, but also streamlines transaction-related paperwork. Previously, customers were had to physically go to transaction locations. However, they now have the ability to conduct these transactions entirely online, at their convenience, from any location. This allows them to easily access and manage their VETC/VCTC account information.

NCB iziBankbiz has enhanced the velocity and effectiveness of handling batch money transfers, enabling round-the-clock transfers, including on holidays. It can handle up to 500 items per transaction in a matter of minutes. Furthermore, a comprehensive system of charts and various statistical reports will be utilized to visually represent cash inflows and outflows. This will assist organizations in effectively managing their cash flow, promptly balancing revenue and expenditure, and promptly capitalizing on business chances.

Exempt all service fees, offer additional incentives for old customers

NCB has introduced many enticing incentive schemes to help businesses accelerate their growth toward the end of the year. Starting on August 1, 2024, NCB will eliminate all charges associated with using Mobile Banking/Internet Banking services for businesses. This includes fees for maintaining the service, transferring money between banks, modifying service information, verifying transactions, making bill payments, and receiving notifications about account balance changes. By doing so, businesses may effectively decrease the weight of operational expenses while maximizing resources for production and commercial purposes.

NCB provides maximum support for businesses to recover and expand production and business

In addition, the bank has developed a customized program specifically for corporate customers who have previously opened an NCB iziBankbiz digital banking account. By reactivating the account and doing financial transactions using the NCB iziBankbiz digital banking channel by September 30, 2024, enterprises will obtain a preferential code worth VND 3-5 million when utilizing NCB's services. The program is applicable to customers who maintain an average monthly payment account balance ranging from VND 10 to 20 million.

Simultaneously, NCB expresses gratitude towards businesses that reactivate their NCB iziBankbiz accounts by offering a range of enticing rewards. These rewards include high-end suitcases, ideal for brief business trips, provided that businesses conduct a minimum of 5 financial transactions per month through Internet Banking or Mobile Banking. Additionally, businesses will receive a 0.5% annual interest rate when saving online, as well as a 5% cashback code for bill payments up to VND 250,000 per month. These bill payments encompass electricity, water, internet, air tickets, road fees, television services, etc., made through NCB iziBankbiz.

For more detailed information, program rules, and other attractive incentives, customers can refer to the NCB website, https://www.ncb-bank.vn/, contact NCB transaction offices/branches nationwide, or call the hotline at (028) 38 216 216 - 1800 6166.