Vietcombank Remittance (VCBR), a subsidiary of the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), has inked a deal with Australian firm, EzyRemit, to enhance the bank’s international money transfer capabilities.
Based in Sydney with offices in Vietnam, New Zealand, the United States and Canada, EzyRemit offers international payment services for business and education, global money transfers and e-wallet services for people travelling to Vietnam.
The partnership will see global customers, including in Vietnam, gain access to fast transaction speeds in real-time, as well as safe and efficient payments through the combination of EzyRemit’s tech-based platform and VCBR’s banking infrastructure system.
Allan Nguyen, Co-Founder of EzyRemit, said the partnership comes as the number of remittances sent to Vietnam remains on the rise, providing customers with peace of mind when processing international money transfers.
The collaboration announcement also forms part of the commemoration of the 50th anniversary of official diplomatic relations between Australia and Vietnam.