PAYMENT GUARANTEE ACCOUNT
Payment account by Vietnam Dong of a intermediary payment organization opened at OCB to satisfy intermediary payment services (E-wallet, electronic money transfer,…) for Organization has a intermediary payment services license provided by the State Bank of Vietnam (SBV).
FEATURES OF PRODUCT
• The opening and use of PGA shall comply with a contract / agreement between OCB and each intermediary payment organization.
• PGA is not used for daily business payment transactions.
Benefits for customer
• Help payment intermediary organization to manage and separate the cash flow of collection / payment and other intermediary services with their payment accounts for dailly businessactivities.
• Help the intermediary payment organization to comply with the regulations of the SBV.