Sacombank works with overseas firms for express remittances

Sacombank will join hands with Vietnamese firms in Canada, Australia and the US to introduce express remittance services.

Saigon Thuong Tin Commercial Joint Stock Bank said it was working with Hai Van Company in Canada, Vina in Australia and Hong Lan in the US to offer businesses and individuals the new money transfer service, which aims to have funds transferred between the countries and Vietnam in 28 hours.

The bank said the service would provide both domestic remittance services and express outward remittance services for the purposes of study abroad, travel, inheritance, payment settlements, monetary allowances and other legal transactions approved by the State Bank of Vietnam.

It has also opened the service in Cambodia and Laos, where the bank has two branches.

Minh Quang

thanhnien

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