Vietcombank Stops Offering Free Online Transfer Between Individual Account Holders

Jan 17, 2014 (Fri): Vietcombank, a State-owned commercial bank in Vietnam has revised its transaction fees for online money transfer to VND3,300 per transaction since 15 January 2014, Vietnam News reports. Before the revision, the bank offers online money transfer service for free between individual Vietcombank account holders while charged VND11,000 per transaction for organisations. The fee for an interbank transaction remains unchanged at VND11,000.

Besides, the bank has increased the maximum transaction amount allowed to transfer between Vietcombank accounts from VND100 million a day to VND300 million a day while interbank transfer limit remains at VND100 million a day.