Bank offers door-to-door remittance forwarding service

International money transfer business MoneyGram and the Dong A Commercial Bank on July 8 signed a joint agreement to provide a door-to-door foreign remittance forwarding service.

The service will be carried out within 12 hours for clients in big cities and 24-36 hours for those in other localities.

MoneyGram Asia-Pacific and Southeast Asia Regional Director Nick Cunnew said the service is significant to clients, particularly the elderly. He also said that the remitters and beneficiaries are not required to pay any supplementary fees for this door-to-door service.

Dong A Bank General Director Tran Phuong Binh said in the first six months of this year, a total 631 million USD in foreign remittance passed through his bank. The figure was 1 billion USD last year.

VNA

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