Remittance fee tariff
REMITTANCE FEE TARIFF
(Applicable for individual clients) – Effective from 20/06/2024
| NO | TRANSACTION | FEE (VAT excluded) | |
|---|---|---|---|
| Account in VND | Account in foreign currency | ||
| I | DOMESTIC REMITTANCES | ||
| 1 | Inside IVB system | ||
| 1.1 | Inside or outside branch/transaction office | Free | |
| 1.2 | Inward remittance (inside IVB) | Free | |
| 2 | Outside IVB system | ||
| 2.1 | Inside Province/City | ||
| a | < VND 500 mio | 10,000 VND per transaction | |
| 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 | Outward for receiver by identify card/ passport | 0.02%, Min: 25,000 VND, Max: 500,000 VND | |
| 4 | Investigation, amendment, cancelling remittance (excluding fees collected by other banks) | ||
| a | Inside IVB | Free | |
| b | 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 may 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 | ||
| 2.1 | TT to CUB system (according to IVB - CUB express remittance service) | 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 |
|
| 2.3 | Fees for outward remittance collected by foreign bank, in case this fee is borned by remitter (excluding IVB's outward remittance fee) | ||
| 2.3.1 | USD | ||
| 2.3.1.1 | Outward remittance in CUB system | ||
| a | Beneficiary's account at CUB Taiwan | 35 USD/transaction | |
| b | Beneficiary's account at CUB non-Taiwan | Initially 35 USD, other charges (if any) will be collected later upon receiving advices from beneficiaries's banks/ intermediary banks | |
| 2.3.1.2 | Others | ||
| a | Normal charge OUR payment | 20 USD/transaction | |
| b | Full guarantee value payment service (not apply for beneficiary's account in the US) | 35 USD/transaction | |
| 2.3.2 | 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 | |
| 3 | 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 fees in Account services and remittance fee tariff for individual customers are subject to VAT at the tax rate prescribed by legal regulation. 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
