ACB's international money transfer: Comprehensive financial solutions for global citizens

(Dan Tri) - From studying abroad, settling down to supporting relatives, giving gifts..., ACB provides fast, safe financial solutions with competitive exchange rates, helping customers transfer money abroad from Vietnam at optimal costs and with peace of mind connecting in a network of more than 70 countries.

ChooseACB , full benefits for global citizens

Accompanying the increasing need for cross-border finance, ACB affirms its leading position with comprehensive foreign money transfer solutions.

Every year, the bank invests more than 1,000 billion VND in technology, constantly innovating to serve diverse international transaction needs. Blockchain, AI and API applications have been integrated by ACB, increasing processing speed, reducing intermediary costs and enhancing security.

ACB provides comprehensive financial solutions for global citizens.

ACB has converted its international electronic payment system to MX format according to ISO 20022 standard, helping to speed up processing, improve accuracy and expand global connectivity, while facilitating the effective implementation of modern services.

On that platform, SWIFT GO service brings customers a fast international payment experience with fixed and transparent fees. Many transactions are completed in just 21 seconds, connecting more than 70 countries in the SWIFT network, useful for regular expenses.

ACB prioritizes security in product development, especially with international money transfer services. The bank applies PCI DSS standards, 3D Secure authentication and proactive transaction limit management features, helping to protect accounts and prevent unauthorized transactions.

At the same time, ACB received 3 awards for "Excellent international payment quality in standard electricity rate" (Straight Through Processing - STP) presented by JP Morgan Chase, Wells Fargo Bank, and Standard Chartered Bank.

According to Standard Chartered Bank, the international payment standard rate at ACB is much higher than the global average of 90%.

ACB currently owns a network of correspondent banks worldwide with international payment service quality recognized by global banks for many years. ACB's international payment service has been invested in information technology system with a team of experienced staff, professional capacity certified by the International Chamber of Commerce - ICC.

ACB also launched many practical incentive programs such as “Free money transfer around the world - Deeply discounted exchange rates” to help customers save on international money transfer costs and enjoy competitive foreign exchange rates. At the same time, the ACB ONE application opens up a “one-touch foreign exchange” experience, allowing online foreign exchange sales anytime, anywhere.

In the digital age, customers want to experience “one-touch foreign currency” like on the ACB ONE app.

Meeting financial needs without borders

The world is experiencing economic and political upheavals, where monetary policies of major economies directly impact personal finances. For those who need to transfer money internationally, fluctuations in exchange rates between countries mean transaction costs can increase if they are not proactive in seizing the moment.

The need to transfer money abroad is increasing to meet the purposes of studying abroad, settling down or providing support for relatives.

Therefore, the need to transfer money abroad, from studying abroad, settling down to providing family support, does not stop at "fast transfer - full receipt" but also requires the ability to control exchange rate risks and optimize cash flow. With more than 6 million Vietnamese living in more than 130 countries and territories, this need is increasingly clear and diverse.

For families who pay tuition or living expenses regularly, changes in exchange rates can cause the total cost to exceed the estimate. In this case, tools such as Forward Contracts to “lock” the exchange rate, or balance income and expenses in the same foreign currency become options to help control risks and optimize cash flow.

Natural Hedging - balancing income and expenses in the same foreign currency - is also a simple but effective solution, especially when done through a formal bank like ACB, where all transactions are monitored and transparency is ensured.

In addition, technology is reshaping the way money is moved internationally. From blockchain and artificial intelligence (AI) to the SWIFT GPI system and ISO 20022 standards, new platforms are making transactions faster, more transparent, and more secure.

The explosion of fintech and digital banking has also opened a new era, where with just one mobile application, customers can transfer money across borders conveniently, economically and securely. These movements further affirm ACB's role in providing comprehensive financial solutions - combining speed, transparency and safety - helping customers confidently connect globally.

To learn more about incentives for international money transfers, customers can visit https://acb.com.vn/uu-dai/mien-phi-nam-chau-ty-gia-giam-sau or visit the nearest ACB branches/transaction offices or call the 24/7 Customer Care number: 028 38 247 247.

Source: https://dantri.com.vn/kinh-doanh/chuyen-tien-nuoc-ngoai-cua-acb-giai-phap-tai-chinh-toan-dien-cho-cong-dan-toan-cau-20251017092625112.htm