Techcombank is a pioneering bank in implementing the zero-cost E-Banking program (free electronic transactions for individual customers) in the Vietnamese market. Under this program, transfer fees across Techcombank channels have been adjusted to reduce, ensuring safety and convenience for Techcombank card users.
So, specifically, 'what are the fees for transfers within and outside Techcombank? What's the difference in fees between transfers at Techcombank counters and online banking services?' Let Mytour guide you to the answers in the article below.
Techcombank Transfer Fee
1. Techcombank Transfer Fee
- Techcombank Transfer Fee in VNĐ
For domestic transfers in VND, there's a significant difference in transfer fees between Techcombank counter transactions and Techcombank's electronic banking services. Specifically,
+ Transfer fee within Techcombank system for amounts under 20 million VND is 3,000 VND/transaction. For amounts over 20 million VND, the transfer fee is 0.02% of the total transaction amount.
+ Transfer fee to other banks at Techcombank counters ranges from 0.035% to 0.06% of the transferred amount (Min 20,000 VND - Max 1,000,000 VND) depending on the receiving method.
+ Currently, Techcombank offers '100% free' transfers within and outside the system for individual customers when transferring through Techcombank's electronic banking services. (If you haven't registered for Techcombank internet banking yet, you can refer to how to register for Techcombank internet banking in this Mytour article).
Details of domestic transfer fees in VND at Techcombank
- Techcombank Foreign Currency Transfer Fee
Currently, all foreign currency transfer transactions cannot be conducted on Techcombank's electronic banking system (Applicable only for transfers between accounts of the same customer)
If you need to transfer funds from a foreign currency account, you must visit Techcombank's counter to proceed
Details of domestic and international transfer fees from foreign currency accounts have been compiled by Mytour in the table below.
Transfer fees within and outside Techcombank's system differ when transferring from foreign currency accounts
2. Fees for Transfers to Techcombank
- Receiving transfers from within the country
If you already have an account at Techcombank, you receive a 100% fee waiver for receiving transfers. Otherwise, if you don't have a Techcombank account (receiving transfers with ID/passport) at Techcombank counters, you will be charged a fee of 0.03% of the total received amount
- Receiving transfers from overseas
Account credit fee is 0.05% of the total received amount, while cash withdrawal fee in case the customer doesn't have a foreign currency account at Techcombank ranges from 0.15% to 0.2% of the total withdrawn amount (depending on the foreign currency account)
Fee schedule for receiving transfers at Techcombank
Conclusion
- Transfer and receipt fees at Techcombank are comparatively lower than other joint stock banks in Vietnam. Currently, Techcombank offers a 100% fee waiver for transfers within and outside the system when conducted through Techcombank's electronic banking channels. Mobile banking (F@st Mobile app) and internet banking (F@st i-bank) are currently offered with a 100% fee waiver. You can visit Techcombank branches to register for these 'free' services. Your transfer and bill payment transactions will be much faster and more convenient.
Download the F@st Mobile app to your phone to start using it.
This article by Mytour has provided detailed information on Techcombank transfer fees. With this information, you now know how to compare and choose transfer and receipt methods at Techcombank quickly and cost-effectively for yourself. See you in the next articles. If you are using Vietcombank's services, check out Vietcombank transfer fees here.