* Inward remittances through foreign currency accounts

-          Customers having deposit accounts in foreign currencies at Agribank: when money is sent from abroad to the accounts that customers have registered, the bank will automatically transfer money into deposit accounts of customers.

-          Customers bring their identity cards (ID cards) or valid passports to the account-opening branches or transaction offices of Agribank to receive money.

* Cases where customers wish to receive money remittances through ATM accounts

-          Instead of going to the bank to get money, customers can receive money via ATM card. To get money this way, customers come to any branch of Agribank to register for the service.

-          Foreign currencies sent will be automatically converted into VND by Agribank at the prevailing exchange rate and transferred to the accounts linked with customer’s ATM card.

-          Customers can withdraw money at any time and at any ATM of Agribank.

* Cases where customers do not have foreign currency deposit accounts at the bank according to the address on ID card

-          Customers can select a currency as: Currency of the money transferred or VND at competitive exchange rate.

-          Customers bring valid ID or passports to notifying Agribank branches to receive money.

Service charges

Agribank service fees are at competitive rates compared with other commercial banks.

Remittances to Vietnam

Vietnamese customers who are studying, working or living abroad or foreigners who want to transfer money to Vietnam can go to any bank of their most convenience to request for money transfer to Vietnam via Agribank.

To best serve the remittance needs of customers, Agribank has established direct account relationship and signed Cooperation Agreements on overseas remittance service with major banks in many countries and regions. You can choose banks with account relationship with Agribank as intermediaries to transfer money to Vietnam for fast, safe and cost savings service.

Customers please click here to see list of banks having account relationship with Agribank.

How to transfer money to Vietnam

Customers come too any overseas bank to request money transfer to Vietnam via Agribank. Customers will need to produce documents related to transfers (subject to regulations on foreign exchange management of individual countries and territories), enter the information into the money transfer form, pay fees according to regulations of foreign banks.

Basic information required on “Money Transfer Order” form:

1.    Beneficiary name:……………………………………………….
2.    ID or Passport No:…………………………..
3.    Beneficiary Address:……………………………………………
4.    Tel No (if available):……………………………….
5.    Account No (if available):……………………….
6.    Intermediary Bank)………………………………
7.    Beneficiary bank:
       VIETNAM BANK FOR AGRICULTURE AND RURAL DEVELOPMENT BANK OF VIETNAM   

       (SWIFT Code: VBAAVNVX)
8.    Branch :…………………………SWIFT BIC code………………...

When completing the information on Money Transfer Order, customers should note:

-          To provide complete, accurate information on the form;

-          The information should be written in capital letters, not marked;

-          To check and compare carefully the information of ID, passport, account;

-          Item 6 Intermediary Bank (if any): Customers choose a bank's name in the list of banks having account relationship with the Agribank for the corresponding currency.

-          Item 7 Beneficiary bank: so that the transfer bank will know that money is requested to be transferred to Vietnam via Agribank.

-          Item 8 Branch: specify the name of the branch where the recipient opens deposit accounts or where the recipient is expected to receive money. This information acts as basic information so that Agribank Head Office will forward money to the branch where the recipient has deposit account or the recipient is expected to receive money.

Please click here to download SWIFT BIC code Agribank branches.

Contact

If you have questions about the service or need additional information, please contact: Overseas remittance Dept. – Agribank Operations Centre, tel: (+84) 37722793/ (+84) 37722794 or the nearest branch/transaction office of Agribank nationwide.

Or click here to view several FAQs related to transfer service.