Ripple is a real-time gross settlement system, currency exchange and remittance network created by Ripple Labs Inc. It’s built upon a distributed open-source protocol and taking advantages of Block-chain technology to enable “secure, instantly and nearly free global financial transaction.
With SBILH, Ripple International Transfers services, you can experience a safe, easy and quick remit at relatively low fee. Your funds will be transferred directly to the beneficiary’s bank account lesser than one hour.
For more information on Ripple Transfer, check the information below:
The Bank SWIFT code is SBHRKHPP.
- Payment now is available for VND currency to beneficiary in Vietnam
Outward Ripple International Transfer
Currency Type | Amount | Commission (1) |
VND | <= USD 5,000.00 (Equivalent VND) | USD 15.00 |
*Important Notice:
- Customer’s maximum amount per transaction is at USD5,000.00 (Equivalent VND);
- Per day, transferred amount per customer is at max USD10,000.00 (Equivalent VN);
- (1) USD15 commission is inclusive of USD 10.00 for SBILH while USD 5.00 is required additional fee, fund will cover full amount to beneficiary bank;
- The Remitting amount and fee will be applied and charged in USD by using the conversion rate USD and VND.
Correspondent Bank
Transfer of funds to Vietnam in VND currency will execute via our Correspondent Bank which can be used to facilitate the payments very quickly:
Currency | Correspondent Bank Name | Code |
VND | Tienphong Commercial Joint Stock Bank Vietnam ((TP Bank) | TPBVVNVX |
How to transfer?
Visit the nearest branch, and complete International Money Transfer Form.
For more info, please call at 023 980 888
Email: [email protected],