1. DOMESTIC TRANSFER

With domestic remittance service, Indovina Bank Ltd. (IVB) will debit money from customer's account or customer's cash and transfer it to the receiver via domestic banking system.

Benifits:

With a widespread network or branches and transaction offices, we ensure to provide remittance services with promptness, secure and convenience.

Can transfer money to your relatives, friends or partners having or not having accounts at IVB or at any other bank.

Can transfer in VND or USD (provided documents as regulations on foreign currency management if any).

Simle procedure, quick processing.

Enjoy other supporting utilities: Mobile Banking, Internet Banking...

Target customers:

Enterprises, organizations or individuals need to remit money to receiver having account at IVB or other domestic banks.

Product features:

Currency: VND or USD.

Can be used for all customers having account or not.

Benificiary can receive money by ID card or via account at IVB or other banks.

For remittances in foreign currencies, it requires the supporting documents in accordance with SBV regulations on foreign currency management.

Service fees:

Please check IVB's Standard Term and Conditions. Download here

Required documents:

Deposit slips. Download here

Transfer application form. Download here

Supporting documents to prove the transferring purpose (if any).

2. OUTWARD REMITTANCE FOR CORPORATION

Introduction

It is the service from bank that helps corporation transfer funds to your partners of other banks throughout the world with the most convenient and safest way. Proud of correspondent banking network in the entire world through SWIFT system, IVB ensures to provide our customer with the remittance service in very reasonable and competitive cost.

IVB are in the strong position of strength in cost saving and time efficiency for the funds originated from Taiwan, especially through Cathay United Bank.

Furthermore, IVB is willing to satisfy requirement from customer for converting foreign money from Vietnam Dong into foreign currencies,

List of key correspondent banking of IVB Download here.

Remittance procedure

Corporation should open account with IVB in order for the bank to remit the funds from the account.

Form of remittance of IVB.

Contract of Foreign exchange (if possible).

Supported documents that related to the remittance purpose and in accordance with foreign exchange regulation stipulated by Viet Nam Government and SBV.

Customer could reach at every IVB business entities for further support on documentation guidance.

3. INWARD REMITTANCE FOR CORPORATION

Introduction

It is the service from bank that helps customer receive funds from other banks throughout the world with the most convenient and safest way. Proud of correspondent banking network in the entire world throughout SWIFT system, IVB ensures to provide our customer with the service in very reasonable and competitive cost.

IVB are in the strong position of strength in cost saving and time efficiency for the funds originated from Taiwan, especially through Cathay United Bank.

IVB always assists customers in requirement for converting foreign currency into Vietnam Dong with reasonable and competitive exchange rate at the time of receiving money of at the time of crediting funds to customer account.

List of main correspondent bank of IVB Download here

Remittance procedure

Corporation should open an account with IVB in order for the bank to credit the proceeds to corporation account at the soonest time.

It is necessary that corporation should inform their partner about their exact account name, account number, SWIFT code of IVB and IVB ‘s correspondent banks in a correct way to make the fund remitted effectively.

Form of information that corporation could supply to the transferors (Corportion should fill in the account number and IVB branches name where customer opening account Download here .

Customer could reach at every IVB business entities for further support on documentation guidance.