Diversified foreign currencies for customers to transfer money internationally online

The recovery of the global economy is the main driving force behind the resurgence of international money transfers, not only among organizations and businesses but also among individuals, for various purposes. To meet this demand, in addition to promotional programs, Vietnam Public Commercial Bank (PVcomBank) is continuously striving to digitize its international money transfer products to provide customers with a convenient service anytime, anywhere.

For two years since her child went to Europe to study, Ms. Thanh Van (Ba Dinh District, Hanoi ) frequently had to go to bank branches to transfer money to cover her child's living expenses. The trips were sometimes inconvenient due to waiting times and the need to complete paperwork. But now, whenever she needs to, Ms. Van can transfer money internationally online directly through the PVcomBank PV Mobile Banking application with just a few simple steps.

It is known that from November 8, 2023, PVcomBank has implemented international money transfer services for individual customers via the PV Mobile Banking application with 6 foreign currencies, including: USD, EUR, GBP, AUD, SGD, and JPY. This contributes to better meeting the needs of customers with diverse money transfer purposes: expenses for personal or family education, medical expenses, business trips abroad, visiting relatives , paying foreign fees, and supporting family members.

Customers can transfer money internationally using 6 foreign currencies on the PV Mobile Banking app.

When using online international money transfer products, all operations from creating a profile, supplementing documents, confirming the transfer order, and inquiring about transactions are performed and updated directly on the PV Mobile Banking application. This significantly reduces the time users spend compared to in-person transactions at the counter, while also allowing them to proactively monitor the processing status of their applications.

In addition, customers also enjoy many attractive benefits when using services on the PV Mobile Banking application, such as free money transfers from PVcomBank and no telegraphic transfer fees; a 100-point discount on exchange rates when transferring money internationally via digital channels (applicable to USD, EUR, GBP, AUD, SGD).

By expanding the range of foreign currencies accepted for online international money transfer services, PVcomBank expects customers to have a complete and satisfying experience.

“A diverse range of foreign currencies is a necessary step forward, contributing to enhancing the customer experience when conducting international transactions and maximizing the needs for various purposes. In addition, online international money transfer services help PVcomBank customers proactively manage exchange rates and conduct transactions at any time of day, anytime, anywhere,” a PVcomBank representative stated.

In the context of a constantly changing financial and banking market, the digitalization of products, services, and online transaction and payment features is essential. At PVcomBank, international money transfer is just one of over 200 features the bank has developed on its digital channels, providing convenience and speed for users while also being an important part of its digital transformation goal, offering comprehensive financial solutions to customers.

Thanh Ha

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