The STP Awards are based on the globally consistent standards of Bank of New York Mellon based on the number of payment messages and the quality of payment messages that are automatically processed from start to finish without any other intervention or adjustment (straight-through processing). This is the recognition of a long-standing and prestigious international financial institution for Eximbank's international payment and remittance services, affirming the quality of technology, scale and market share of operations, system efficiency, as well as the excellence in the operations of Eximbank's staff.
Representative of Eximbank, Ms. Nguyen Thi Hong Phuc - Deputy Director in charge of Operations, thanked Bank of New York Mellon for its support to Eximbank and pledged to continuously improve to further increase the STP rate at Eximbank. In addition to the USD account at Bank of New York Mellon, Eximbank also maintains Nostro USD accounts at other US banks such as JP Morgan, Citi and Wells Fargo. These international banking partners have also continuously awarded similar awards to Eximbank for many years, with STP rates of up to 98% - 99%.
Over 34 years of operation, Eximbank has gradually affirmed itself as one of the leading financial institutions in Vietnam for international payment and foreign exchange trading. The bank will continue to promote its strengths to provide prestigious, high-quality products and services based on modern information technology to serve the community.
On the occasion of its 35th anniversary, in order to express gratitude to customers using international payment services, Eximbank has launched the program "Eximbank 35 years - International money transfer with 0 VND fee". Accordingly, when transferring money abroad and buying foreign currency at Eximbank, corporate customers will receive preferential treatment of free money transfer abroad on both counter and online channels, applicable until February 29, 2024.
Not only preferential fees, Eximbank also supports customers who need to buy foreign currency at preferential exchange rates. With a sustainable development strategy, focusing on innovation, Eximbank is constantly improving its competitiveness and innovation to create many benefits for businesses and customers, realizing future expectations.
Bank of New York Mellon is a long-standing bank in the US, with total assets of over 325 billion USD (ranked 125th in the world and 16th in the US), with an international credit rating of AA- by S&P and Aa2 by Moody's. Eximbank has established a close correspondent banking relationship with Bank of New York Mellon since its inception and maintains a Nostro USD account at the partner to serve the Treasury's payment needs, international payments and trade finance. |
Vinh Phu
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