Xpress Money in tie with Vietnamese lenders
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Xpress Money has announced tie-ups with Vietnam International Bank (VIB) and DongA Commercial Joint Stock Bank.
The new agreement between VIB and Xpress Money will offer overseas workers the advantage of sending money to their dependants to 130 locations in Vietnam.
The beneficiaries can collect the money in US dollars.
The deal between DongA Commercial Joint Stock Bank and Xpress Money will bring about the special feature of home delivery of remittances in addition to the already existing counter pick up of instant money transfer services in Vietnam.
The beneficiaries also have a choice to collect the remittance in US dollars, Vietnamese dong or euro currency from any of the more than 200 locations in 61 cities and provinces of the bank in Vietnam.
The agreement with both VIB and DongA Commercial Bank is in line with the Xpress Money's goal to expand our network and build our strength via strategic tie-ups with big international financial organizations.
"Vietnam is a growing market with more than 4 million Vietnamese living and working across 100 countries worldwide. Our agreement with Vietnam International Bank and DongA Commercial Joint Stock Bank is part of our mission to bring instant money transfer service within the reach of every citizen on this planet," said Sudhesh Giriyan, vice president of Xpress Money.
Xpress Money Services Limited is the fastest growing instant money transfer company with a thriving presence in more than 90 countries across 80000 agent locations worldwide.
