BAC A BANK removes fees for its debit card and e-banking services

Apr 7th at 08:06
07-04-2022 08:06:32+07:00

BAC A BANK removes fees for its debit card and e-banking services

Locally-invested BAC A BANK has just announced its new policy. From April 7, it will charge no fees to customers for its debit card, internet banking, and mobile banking services.

The new policy includes all transactions involving money transfers within and outside its system, including transfers via internet and mobile banking and at ATMs.

BAC A BANK is now offering many services without collecting any fees

With this policy, customers can feel free when conducting transactions without concerns over fees. This will help boost non-cash payments as encouraged by the State Bank of Vietnam.

For customers with a frequent demand for cash, BAC A BANK also applies a policy on collecting no fees for cash withdrawals within and outside its system for all levels of transactions. Thus, both money transfer and withdrawal are free of charge.

In addition, a series of BAC A BANK services are still maintained without fees, such as account registrations, PIN code changes, and many others.

As for SMS Banking, BAC A BANK has offered a monthly fee of VND10,000 ($0.43) – excluding VAT – for a mobile phone number. Customers will receive information about new services and products, as well as other services.

vir



NEWS SAME CATEGORY

Bancassurance the catalyst for insurers to deepen footprint

Banks have managed to navigate their way through the chaos of the last few years by diversifying their non-interest income thanks to bancassurance services.

State-owned banks seek capital injection

Against the backdrop of a pressing need for business development, four state-owned banks are soliciting a government mechanism to accelerate a capital boost that...

Hanoi’s edtech and healthtech startups to get financial supports

The program, launched for the first time, draws the participation of 20 investors and strategic partners.

IFC’s new country manager for Mekong region to drive inclusive and green growth

The World Bank Group's private sector arm, International Finance Corporation, has appointed Thomas Jacobs as its new country manager for the Mekong region, covering...

Visa kicks off new journey to support Female Vietnamese entrepreneurs

Visa has chosen Vietnam as one of 10 new destinations in its journey to support female entrepreneurs in capital mobilisation, business governance, and development...

MB reaches top spot in Vietnam's bancassurance market

With impressive annual premium equivalent (APE) sales in February and March, MB has taken the top spot in the bancassurance market.

Firms worry about rising interest rates

Many banks have increased their deposit interest rates amid high capital demands, prompting business concerns about rising credit costs.

Meta: Vietnamese SMBs are recovering from the pandemic

In the third year of the pandemic, economic recovery is still underway despite the disruptions to business from the Omicron variant.

HCM City credit growth rebounds in Q1

HCM City’s credit growth has rebounded, growing by 3.65 per cent as of the end of March, up 13.1 per cent year-on-year, according to the State Bank of Viet Nam’s...

Shareholders uncertain about receiving dividends

Draft documents of banks show that shareholders receive dividends in the form of cash or shares every year.

Bank stocks

Insurance stocks


MOST READ


Back To Top