BIDV reduces trade finance and international money transfer fees

tHu trang

BIDV reduces trade finance and international money transfer fees

From 1 January 2022, BIDV is implementing a promotion program named BIDV Trade Up. Accordingly, businesses operating in the fields of import, export and international trade will receive a 50 percent reduction in service fees when conducting international money transfers, trade finance (LC issuance/ modification), and enjoy a reduction of 30 points in exchange rate for all foreign currencies transacted via BIDV iBank application.

This is the biggest promotion program of the year applicable to both new and existing corporate customers, with no limit on the number and value of transactions. This promotion not only helps customers experience the modern digital banking service but also boosts their business activities with partners around the world.

Besides the trade finance and international money transfer services, BIDV iBank also offers customers a variety of other online transaction services such as term deposit, 24/7 money transfer, payroll payment, payment to state budget, social insurance/health insurance, and currency trading, among others. The app connects directly with enterprises’ accounting/eRP system, thereby supporting the creation and sending of transaction documents right at the businesses’ management application software, ensuring convenience, accuracy and security, given the complicated development of the Covid-19 pandemic.

with the BIDV Trade Up promotion, BIDV continues to affirm its position as the leading digital bank in Vietnam, accompanying businesses in the digital transformation roadmap, as well as supporting the prevention, control and fighting against the Covid-19 pandemic.

This is a practical program to show gratitude to customers on the occasion of BIDV’s 65th anniversary. Thanks to relentless efforts in digital transformation, BIDV has been honored with “excellent Digital Transformation enterprise in 2021” award (as voted by Vietnam Digital Communications Association) and “Best Digital Bank in Vietnam” (as voted by The Global Finance). BIDV iBank was named the most innovative e-banking application in 2021 (Global Banking & Finance Review).