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Free international money transfer for businesses on OCB OMNI digital bank

VietNamNetVietNamNet07/11/2023


Online international money transfer transactions are committed to be completed within 02 working hours from the time the customer successfully approves the money transfer order on OCB OMNI Corp, including the time the system automatically processes the money from the customer's designated account to buy foreign currency (FX) to transfer abroad. OCB's online foreign currency sale and international money transfer feature meets the 4 criteria that are not included: No need to go to the counter; No paper documents; No waiting and No worries about exchange rates.

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Customers are supported with free online international money transfers on OCB OMNI Corp digital bank.

“With the above utilities, we will meet the need for quick remote transaction processing, minimize procedures and bring many benefits to corporate customers,” shared an OCB representative.

The online international money transfer service will help businesses easily execute foreign currency purchase orders and transfer payments to foreign partners right at the office, outside the company or while on business trips without having to go to the bank as before. Customers will receive notification of order results immediately after verification and proactively monitor and check transactions online. In particular, businesses will immediately receive MT103 money transfer messages on OCB OMNI Corp when the transaction is successfully processed.

In addition to constantly improving service quality, the bank also implements a series of preferential price policies, such as: super preferential interest rate credit package from only 6.79%/year for businesses, with total capital up to thousands of billions of VND. Specifically, businesses will enjoy a fixed interest rate of 6.99%/year for the entire loan term with short-term loan packages under 3 months; 4 months, fixed interest rate 7.29%/year; 5 months, fixed interest rate 7.59%/year; 6 months, fixed interest rate 7.99%/year and fixed interest rate from only 10.49%/year for a period of over 12 months. In particular, businesses operating in the fields of: Logistics, Healthcare, FMCG (fast-moving consumer goods),education , import-export, FDI or customers under the fast credit program at OCB... will receive an additional reduction of 0.2%/year, with super preferential interest rates of only 6.79%/year. Not stopping there, businesses are also exempted from fees for money transfers, bill payments, salary payments...

According to OCB representative, currently, enterprises in general, import-export enterprises in particular, have been facing many challenges due to the impact of domestic and international markets. This means that enterprises need the support and assistance of agencies and credit institutions from procedures, documents to pricing policies to ensure effective access to capital, maintain and promote business activities. Therefore, the Bank continuously promotes the development of products, services and solutions on digital platforms to save time and costs for customers and launch product packages and preferential policies.

Doan Phong



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