Remittance fee tariff
REMITTANCE FEE TARIFF
(Applicable for individual clients) – Effective from 15/12/2021
| NO | TRANSACTION | FEE (VAT excluded) | |
|---|---|---|---|
| Account in VND | Account in foreign currency | ||
| I | LOCAL REMITTANCES | ||
| 1 | Inside IVB system | ||
| 1.1 | Inside or outside branch/transaction office | Free | |
| 1.2 | Inward remittance (inside IVB) | Free | |
| 1.3 | Outward for receiver by identify card/ passport | 0.02% Min: 25,000 VND Max: 500,000 VND |
|
| 2 | Outside IVB system | ||
| 2.1 | Inside Province/City | ||
| a | < VND 500 mio | 10.000 VND per item | |
| b | ≥ VND 500 mio | 0,02%, Max: 500.000 VND | |
| c | Urgent cases (money transfer orders are made immediately as customer's request without denpending on the transfer of session) | 0,025%, Min: 25.000 VND, Max: 800.000 VND |
|
| 2.2 | Outside Province/City | ||
| a | < VND 500 mio | 10.000 VND per item | |
| b | ≥ VND 500 mio | 0,03%; Min: 25.000 VND; Max: 800.000 VND |
|
| c | Urgent cases (money transfer orders are made immediately as customer's request without denpending on the transfer of session) | 0,035%; Min: 25.000 VND; Max: 1.000.000 VND |
|
| 2.3 | USD and other currencies (Inside and outside Province/City) | ||
| a | Beneficiary’s account at VCB | 0,1%, Min: 2 USD, Max: 50 USD |
|
| b | Beneficiary’s account at Agribank/ Vietinbank | 0,1%, Min: 6 USD, Max: 50 USD |
|
| c | Beneficiary’s account not at VCB/Agribank/ Vietinbank | 0,1%, Min: 4 USD, Max: 50 USD |
|
| 2.4 | Transfer made within 02 working days from cash deposit date | Cash counting charge (additional remittance charge) | |
| 3 | Checking, adjusting remittance | ||
| 3.1 | Inside IVB | Free | |
| 3.2 | Outside IVB | Collecting according to the Item 2 of this fee tariff. | |
| II | INTERNATIONAL REMITTANCES | ||
| 1 | Inward – TT | 0,1%, Min: 2 USD, Max: 50 USD | |
| In case the inward TT shows fee to be borne by the Remitter, IVB will not charge the Inward TT fee from the Beneficiary and will claim such fee from the Remitter. If IVB does not receive or receive not in full the fee from the Remitter, IVB will collect the Inward TT fee (fully or for the remaining part) from the Beneficiary. | |||
| 1.1 | TT from CUB system (according to IVB - CUB express remittance program) | 0.1%; min: 2 USD; max: 20 USD | |
| 1.2 | Others | 0.1%; min: 2 USD; max: 50 USD | |
| 1.3 | Refund | 10 USD/ transaction | |
| 2 | Outward – TT | 0.2% plus cable fee of USD 10, Min: USD 5, Max: USD 200 | |
| 2.1 | TT to CUB system (according to IVB - CUB express remittance program) | 0.1%; min: 2 USD; max: 100 USD + 10 USD cable charge |
|
| 2.2 | Others | 0.2%; min: 5 USD; max: 200 USD + 10 USD cable charge |
|
| 3 | Fees for outward remittance borne by remitter (Charge OUR) | ||
| 3.1 | USD | ||
| a. US base beneficiaries | 20 USD/transaction | ||
| b. None US base beneficiaries | |||
| i. CUB's customer | 35 USD/transaction | ||
| ii. Normal charge OUR payment | 20 USD/transaction | ||
| iii. Guaranteed full value payments service | 35 USD/transaction | ||
| 3.2 | Other currencies (EUR, JPY, SGD) | Initially 35 USD, other charges (if any) will be collected later upon receiving advices from beneficiaries's banks/ intermediary banks | |
| 4 | Investigation, amendment, payment order cancellation (excluding cable charge and charge of overseas bank) | 5 USD/investigation | |
NOTE:
- 1. Min: minimum fee; Max: maximum fee; USD: The United States of America Dollar; VND: Vietnamese Dong
- 2. This Tariff may change without any prior notices from IVB and be published on IVB's website: www.indovinabank.com.vn.
- 3. All stipulated charges are not included of VAT and third party's charges (if any).
- 4. Collected charges are not refundable, even if transactions are cancelled by customers' orders, or transactions are not made due to another reason which is not caused by IVB.
- 5. With the charges regulated in USD, if collecting by VND or another currency, the selling currency exchange rate at the time of selling will be applied.
- 6. Special cases or specific fees under product/service shall be subject to IVB’s decision.
- 7. This fee tariff for reference only. For details about fees, products and services, please kindly contact the nearest Branch / Transaction office of IVB or Customer service center 24/7 Hotline: 1900 588 879
