Not Vietnamese customers are not eligible for Timo Goal Save due to Circular No 48/2018/TT-NHNN as declared by the State Bank of Vietnam. Read the full Circular here
Unfortunately as per State Bank of Vietnam Regulations, after 5th July, 2019 you will not be able to contribute to your Goal Save account anymore. However you will be able to earn interest on your existing balance till 31st July 2019.
Until the 31st of July, 2019 you will be able to earn interest on your Goal Save funds. However by the end 31st July 2019, all funds includes your interest will need to be moved into your Spend Account.
Timo Goal Save is a tool to help you plan for a goal a Everyone has goals in life. Timo Goal Save will help you get there faster. It’s so easy to set up and you get 0.2% interest per year too! Perfect for those that always need to have some money sitting around!
Interest is calculated daily at 0.2% / year and paid out monthly. And if you decide to withdraw it into your Spend Account at any given time, there is no penalty.