MoneyGram cooperates with Agribank to expand global money transfer network in Vietnam

MoneyGram - the leading global payment network for individuals, businesses and communities has just announced a partnership with Agribank - one of the largest commercial banks in Vietnam. Through this partnership, MoneyGram customers around the world can now send money to Vietnam for their loved ones to receive at any of Agribank's 3,000 transaction points nationwide.

Senders can make money transfers via MoneyGram Online – MoneyGram’s mobile app or website – or by visiting any of MoneyGram’s more than 450,000 transaction locations across 200 countries and territories. Recipients in Vietnam can easily receive money at any Agribank location.

According to Vietnam News, an estimated $16 billion in remittances were sent to Vietnam in 2024.

“We are delighted to partner with Agribank in Vietnam to further expand our global network and enhance service accessibility for our customers and the community,” said Vijay Raj Poduval, MoneyGram’s Regional Director for Southeast Asia and Indochina. He hopes that with Agribank’s extensive network in Vietnam, the company can serve more customers who need to send and receive money.

This partnership expands MoneyGram's physical presence in Vietnam, adding thousands of retail locations to the MoneyGram ecosystem and further strengthening its ability to provide fast, secure and reliable international money transfers.

“Agribank is honored to cooperate with MoneyGram in this potential and growing international money transfer market,” said Mr. Bui Hoang Long – Director of Agribank Payment and Remittance Center, believing that strategic partnerships with reputable global partners like MoneyGram are the key to better serving customers nationwide.

According to Vietnam News, an estimated $16 billion in remittances were sent to Vietnam in 2024. To meet the growing demand for reliable international money transfer services, MoneyGram is committed to continuing to expand its network nationwide.

Source: https://thoibaonganhang.vn/moneygram-hop-tac-agribank-mo-rong-mang-luoi-chuyen-tien-toan-cau-tai-viet-nam-163909.html