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SCB Bank has announced the liquidation of 17 old cash-in-transit vehicles manufactured between 2004 and 2008.
The starting prices for these vehicles range from 60 million VND to 104 million VND. All 17 vehicles are Mitsubishi Pajeros.
The bank stated that the liquidation will be conducted through individual sales of each vehicle. The process involves sealed bidding, where each bid for a vehicle is placed in a separate envelope, sealed, and submitted to the Asset Liquidation Council at the Head Office (ALCHO). The ALCHO will open the bids and select the individual or organization offering the highest price for each vehicle.
Individuals or organizations can bid for each vehicle separately. The ALCHO will determine the buyer based on the highest bid. The successful bid price (auction price) must not be lower than the starting price. The auction price includes VAT.
SCB is responsible for paying Corporate Income Tax (CIT). All other related expenses (including fees, charges, taxes, and costs associated with license plate recovery, vehicle registration, name transfer, and road use fees) will be borne by the successful bidder. The winning individual or organization will handle the necessary procedures for name transfer as per state regulations.
The bidding process is open to all SCB employees, affiliated companies, partner organizations, and individuals nationwide. Registration for the vehicle bidding will take place from 9:00 AM on December 15, 2025, to 4:00 PM on December 26, 2025.
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