MBBank provides international money transfer services for Vietnamese expatriates
The international money transfer and receipt service provided by the Military Commercial Joint Stock Bank (MBBank) is not only fast and effective but also brings the newest and most convenient experiences to its customers.
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| MBBank provides international money transfer services for Vietnamese expatriates. |
MBBank continues to affirm its position as a pioneer bank in Vietnam in providing international money transfer/receive products for individual customers with a series of products that promote convenience and a unique experience for its customers.
Diverse international money transfer and receipt services for Vietnamese expatriates
The main products and services related to international money transfer and receiving that MBBank provides for Vietnamese individual customers include (1) international money transfer for a settlement abroad or legal income; (2) international money transfer for inheritance money; (3) international money transfer for family allowance; (4) international money transfer for studying abroad; (5) international money transfer for medical treatment; (6) international money transfer for paying foreign expenses; and (7) receiving money from abroad to Vietnam including purpose of receiving allowance from relatives; receiving salary and bonus; receiving for direct or indirect investment.
In particular, MBBank provides international money transfer and receipt services on the MBBank App, allowing customers to easily make transactions on digital platforms anywhere without having to go to MB's brick-and-mortar branches. Money transfers on the MBBank App can be used for a variety of purposes such as deposits for studying abroad, payment of tuition/medical expenses, transfer of allowances to relatives abroad with a limit up to 100,000 USD (or other foreign currency equivalent) for each transaction.
Opening foreign currency account and selling foreign currency on the MBBank App
In 2023, MBBank App has launched a new feature, which is opening foreign currency accounts and selling foreign currencies on the app. With this feature, customers in Vietnam can receive money from abroad and convert it to Vietnamese Dong (VND) more easily than ever with a limit of up to 10 billion VND per day.
International money transfer/receiving and selling foreign currency products are now integrated on the MBBank App, helping customers not only save time but also be more proactive when making transactions. With quick steps on the MBBank App, customers can open accounts, upload documents, create money transfer orders and buy and sell foreign currencies easily.
MB’s customers are entitled to use online international money transfer service free of charge. Furthermore, customers can refer to exchange rates and money transfer fees in a transparent way and keep track of processing documents at MB, from creating orders to transacting successfully. During the transaction, customers can contact MB staff on the MBBank App for any assistance.
Taking traditional banking services to the online environment has shown MBBank's pioneering step in building customer-oriented products in the digital era. Instead of visiting brick-and-mortar branches, customers can now make transactions anywhere with just a phone in hand. Therefore, smart financial and banking applications such as the MBBank App will become increasingly indispensable to Vietnamese people.
Please contact Us for more detail information:
MB District 5 Branch: 353 - 355 An Duong Vuong, Ward 3, District 5, HCMC
Hotline: 0382123121
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