In early 2018, Vietcombank announced the service fee schedule for new individual customers. According to this published schedule, the fees for transfers from Vietcombank accounts to accounts within the same system or to accounts at other banks are adjusted with a 'slight increase'.
So, what are the details of Vietcombank transfer fees? How do the fees for transferring money from Vietcombank to Agribank, Techcombank, and Viettinbank change? Let's explore the answers in this Mytour article.
Vietcombank Transfer Fees
1. What is Vietcombank money transfer? Does Vietcombank charge for money transfers?
Vietcombank money transfer is the process of transferring funds from a Vietcombank account to an account within or outside the Vietcombank network without the need for face-to-face interaction or direct handover.
Currently, you can perform cash transfers at Vietcombank counters, ATMs, or transfer funds through Vietcombank's internet banking system.
To find out the transfer fees at Vietcombank ATMs, you can refer to the article: 'What are the fees for sending money via Vietcombank?'
2. Vietcombank Transfer Fees 2019
* Domestic transfer fees within Vietcombank
- Domestic Transfer Fees at Vietcombank Counters
+ Currently, the fee for transferring funds deducted from the account at Vietcombank counters is 5,000 VND per transaction. If you choose to deposit cash directly at the counter, the transfer fee is 0.03% (minimum 10,000 VND, maximum 1,000,000 VND).
+ For transactions transferring funds outside the Vietcombank network at Vietcombank counters, the transfer fee ranges from 0.03% - 0.06% of the total transaction amount (minimum from 20,000 VND - maximum 2,500,000 VND).
Transfer Fee Schedule at Vietcombank Counters
- Domestic Transfer Fees on Vietcombank Internet Banking
+ For intra-bank transfers on VCB - Internet Banking and VCB - Mobile Banking for amounts under 50 million VND, the fee is 2,000 VND per transaction. For amounts exceeding 50 million VND, the transfer fee is 5,000 VND per transaction.
+ For inter-bank transfers on VCB - Internet Banking and VCB - Mobile Banking for amounts under 10 million VND, the fee is 7,000 VND per transaction. For amounts exceeding 10 million VND, the transfer fee is 0.02% of the total transfer amount. For Bankplus users of Vietcombank, the inter-bank transfer fee is 10,000 VND per transaction.
+ Vietcombank waives transfer fees for other inter-bank transactions with charitable purposes.
- Transfer Fees through Vietcombank Electronic Banking System (VCB - Internet Banking, VCB - Mobile Banking, BankPlus)
* International Transfer Fees outside Vietcombank
International transfer fees outside Vietcombank are commonly categorized into two cases: Swift transfers, Cheque transfers, and MoneyGram transfers. Details of international transfer fees outside Vietcombank are summarized in the table below.
Note:
- In general, the transfer fees at Vietcombank might be slightly higher compared to the overall transfer fees of other state-owned banks in Vietnam. However, with this fee structure, you gain access to a fast and convenient transfer system with high security, ensuring safety and convenience in your transactions.
- The fee schedules mentioned above do not include value-added tax. When calculating fees directly, Vietcombank will add VAT according to legal regulations.
- For categories like utility bill payments for electricity, water, telecommunications fees, etc., additional fees will be automatically deducted from your account.
This Mytour article has compiled the transfer fees within and outside the Vietcombank network. With this information, Vietcombank users can understand the actual fees for each different transfer transaction, making it easy to choose the most suitable and cost-effective method for themselves.
If you have any questions or encounter any issues while transferring funds at Vietcombank, you can contact the Vietcombank hotline at 1900545413 for assistance.
If you are using Techcombank's banking services, refer to the Techcombank transfer fees here.