Monday, 21/04/2025 10:33

PVcomBank enhances international money transfer experience for Retail Customers

Seamless transfers anytime, anywhere, with full control over transaction status and documentation - these are just some of the premium experiences customers enjoy when transferring money internationally via the PVConnect application. In addition, Vietnam Public Joint Stock Commercial Bank (PVcomBank) offers attractive exchange rates and fee incentives to help customers save on costs.

Cost-Effective international transfers for Retail Customers with PVConnect

From now until December 31, 2025, new customers making international transfers via PVConnect will enjoy zero PVcomBank transfer fees and waived SWIFT fees on their first transaction. For existing customers, PVcomBank offers the same fee waivers on "Golden Days" every Thursday for all outgoing international transfers. Additionally, members of PVcomBank Premier will enjoy this offer on both Tuesdays and Thursdays.

Moreover, customers transferring money in Canadian Dollars (CAD) will also receive a 5 CAD discount per transaction (applied to intermediary/bank correspondent fees), with no restrictions on transfer purposes.

As financial technology advances, international transfers are becoming faster and more secure. PVcomBank’s offers not only elevate the customer experience but also help reduce costs - especially for small, recurring, or urgent transactions.

Smart Transactions – Anytime, Anywhere

With its user-friendly interface and a range of powerful features, the PVConnect application continues to gain the trust and support of many customers. Instead of visiting a bank encounter, customers can now perform international money transfers online 24/7, proactively track detailed transaction information from initiation to completion, directly within the PVConnect platform. In addition, customers can see when and at what time their transactions are being processed.

Furthermore, PVcomBank provides exact updates on when transactions are processed and when the beneficiary receives the funds, keeping customers informed without incurring additional tracking costs. This feature is particularly useful for payments like tuition fees, medical expenses, or service fees to foreign institutions and organizations.

Currently, PVConnect supports international money transfers in seven major currencies: USD, EUR, GBP, AUD, SGD, JPY, and CAD, with transaction limits of up to USD 100,000 equivalent per transfer, accommodating both individual and large-scale payment needs.

Transparent – Secure – Easy to Track

To enhance the customer experience in international financial transactions, PVcomBank has successfully integrated the SWIFT GPI (Global Payments Innovation) system, connecting with over 450 member banks in more than 200 countries, forming a diverse global financial network.

This allows the bank to accelerate cross-border transaction processing, improve international payment services, and provide premium features such as: Global payment transaction tracking, Real-time monitoring from initiation to completion, Transparent processing times and transaction fees, Reduced transaction inquiry procedures.

Through these efforts, PVcomBank affirms its commitment to delivering safe, efficient, and transparent international banking services for every customer.

FiLi

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