You can withdraw your money in Goal Save account anytime by moving money to Spend Account. After that, you can either withdraw money by your Napas Debit card at any ATMs in NAPAS network or send it via a move money transfer to any bank.

For every amount you contribute each month towards your Goal Save accounts, Timo will pay you an interest and this amount will be sent to the Piggy Bank. You can choose to move this money to your Spend Account at any time.

Unfortunately, non-Vietnamese nationals are not eligible for Timo Goal Save as per Circular No 48/2018/TT-NHNN declared by the State Bank of Vietnam. Read the full Circular here.

Unlike a Term Deposit which has a fixed lock-in period and interest paid out at the end of the term, Goal Save can be withdrawn whenever it’s required without a penalty. Perfect for those that you need to have some money sitting around!

Interest is calculated daily at 0.2% interest per year and paid out monthly. And if you decide to withdraw it into your Spend Account at any given time, the interest you earned for the time you kept the amount within Goal Save will be paid at the end of the month, without any penalty.

Timo Goal Save is an intelligent savings tool to help you plan for a goal no matter big or small. Just set a savings goal, the amount you want to save and when you want to reach your goal and let Timo do the rest. With recurring contributions and 0.2% interest per year paid out monthly, Goal Save will help you reach your goal on schedule.
(Note: This product is only available for Vietnamese nationals)