Announcement of service fee reduction for local remittance via Interbank Electronic Payment System operated and managed by State Bank of Vietnam

Apr 16 2020 09:36

Dear valued customers,

In compliance with instruction from the State Bank of Vietnam under Letter No. 2342/NHNN-TT dated 31/03/2020 on the implementation of service fee reduction for local remittance via Interbank Electronic Payment System operated and managed by State Bank of Vietnam (“CITAD system”), BPCE IOM – Ho Chi Minh City Branch (“the Bank”) would like to announce that from May 1st, 2020 to December 31st, 2020, the service fee for local remittance via CITAD system will be reduced as follows:

Category

Current standard rate

Rate after reduction

Reduction rate/amount (*)

Inside HCMC

VND 30,000 + 0.01% 
(Min VND 39,000,

Max VND 180,000)

VND 25,000 + 0.005% 
(Min VND 35,000, Max VND 150,000)

5,000 VND + 0.005%

Min VND 4,000 – Max VND 30,000

Outside HCMC

0.08%
(Min VND 60,000 –

Max VND 1,200,000)

0.07%
(Min VND 55,000 – Max VND 1,100,000)

0.01%

Max VND 5,000 –  Max VND 100,000

 

  • The above Reduction rate (*) will also apply to customers who are currently entitled to the Bank’s preferential tariffs.
  • The above fee does not include value added tax (VAT).
  • Other fees/charges remain unchanged.

Best regards,

BPCE IOM – Ho Chi Minh City Branch

 

OTHERS