Eximbank has launched a 24/7 online remittance service for its Vietnamese market on the back of Tranglo’s wide network.
Riding on Tranglo’s proprietary single interface platform and extensive network of payout partners, the collaboration enables the bank’s customers to receive cross-border funds through its new remittance service at any time into any Vietnamese bank account. This is expected to benefit many in Vietnam who rely on the monetary support from their kin abroad.
Deputy CEO of Eximbank Dinh Thi Thu Thao said: “Our focus this year is on driving revenue by promoting transactions from foreign partners. Thanks to the partnership with Tranglo, Eximbank will be able to provide customers with a quick and safe online remittance service anytime of the day, including weekends and holidays.”
As part of the tie-up, Tranglo shares its product and system integration expertise with Eximbank to allow the online payment channel to run without a hitch.
Tranglo chief executive officer Jacky Lee said: “Eximbank has made a great decision choosing us as a working partner. Our regional experience and connection to the world set us apart. We are confident that Eximbank will be able to take full advantage of our single platform to improve their services and increase growth.”
About Tranglo
Tranglo is a cross-border payment hub with a proven track record in business payment, foreign remittance and mobile payment solutions. Founded in 2008, we have offices in Kuala Lumpur, Jakarta, Dubai and London. Our global network spans more than 100 countries, 250 mobile operators, 50 billers, 600 banks/wallets and 90,000 cash pickup points. To find out more, visit www.tranglo.com, LinkedIn, Facebook or Twitter.
About Eximbank
Established in 1989 and officially came into operation in 1990, Eximbank is one of the most long-standing commercial banks in Vietnam. Eximbank has developed a nationwide network with its head office located in Ho Chi Minh City and 207 branches and transaction offices. Furthermore, Eximbank is seamlessly establishing a widespread and reputational international affiliate network with over 869 correspondent banks in more than 84 countries in the world. Eximbank strongly focuses on high-tech investment in order to provide various financial payment solutions adapting more customer demands. We are proud of being the pioneer of cutting-edge money transfer technology to enhance the core values and accelerate payments in the current fast-paced industry. For more information, please visit www.eximbank.com.vn.