CUB Vietnam 1.3.2

The CUB App by Cathay United Bank offers a streamlined approach to obtaining loans, addressing common frustrations associated with traditional lending processes. This review will explore its key features and security measures.

Features and Functions

• Fast Approval: The app allows users to receive loan approvals in a matter of minutes, with funds transferred directly to their accounts shortly thereafter. This convenience is accessible from any location via smartphone.
• Diverse Borrowing Options: A single loan can unlock multiple borrowing possibilities, providing flexibility for managing unforeseen expenses or pursuing significant financial goals.
• Completely Paperless: The 100% online application process reduces unnecessary paperwork, allowing users to apply with ease from various locations.
• Transparent Interest Rates: The app offers competitive interest rates starting at 1.91% per month, with clear disclosures regarding fees and payment methods, ensuring an uncomplicated borrowing experience.
• Flexible Repayment Terms: Users can choose repayment terms of up to 36 months, making it easier to manage loan obligations in alignment with personal financial goals.
• Transaction Monitoring: Real-time tracking of transactions enables users to stay informed about their repayments, minimizing the risk of missed payments.
• Payment Reminders: Push notifications serve as timely reminders for upcoming due dates, aiding users in maintaining their financial responsibilities without added stress.

Safety Protections

The CUB App emphasizes account security through several measures:

• Biometric Authentication: Users can unlock their accounts using fingerprint or facial recognition technology.
• One-Time Password (OTP): A unique code sent to the user’s device adds an extra layer of security during the login process.
• Regular Security Assessments: Continuous security evaluations help protect accounts from unauthorized access across different devices.

Privacy Protection Statement

The app utilizes certain features for enhanced functionality and user security:

1. Camera: For capturing identification images.
2. Location: Required for contract execution and withdrawal processes.
3. NFC Scan: For interacting with chip-based identification cards.
4. Biometrics: Facilitates quick access to accounts.

Users have the ability to modify their permissions through device settings at any time.

About Cathay United Bank

Cathay United Bank has been operational since 1975 as part of Cathay Financial Holdings. It aims to establish itself as a premier financial institution in the Asia-Pacific region, with an extensive network comprising 233 branches and over 10,000 employees across various countries including Vietnam, China, and Singapore.