Big Promotion to Boost Businesses
Ms. Nguyen Thu Phuong, owner of a consumer goods import enterprise in Hanoi, was thrilled to receive a notification from National Commercial Joint Stock Bank (NCB) about a special promotion to waive 100% of international payment transfer fees on the occasion of the bank’s 29th anniversary.
Accordingly, NCB will waive international payment transfer fees for enterprises with transactions of 290,000 USD, 290,000 EUR, or 29 million JPY and above, from 09/18/2024 – 09/25/2024.
NCB waives international transfer fees for corporate customers
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Currently, the service fee for international money transfers at banks ranges from 0.15 – 0.3% of the transfer amount, plus 5 – 300 USD excluding telegraphic charges. For import-export enterprises with frequent money transfer needs and large transaction volumes, NCB’s promotion to waive 100% of international money transfer fees helps save a significant amount, while optimizing the international transaction process.
“NCB’s waiver of transfer fees comes at a time when my business needs to import a large volume of goods for year-end shopping. This helps us save a considerable amount, thereby optimizing costs and focusing resources on boosting production and business activities to better serve our customers,” shared Ms. Phuong.
In fact, the foreign currency transaction demands of import-export enterprises like Ms. Phuong’s tend to increase in the last months of the year to serve investment, payment, and ordering purposes. Understanding the needs and desires to accompany businesses in reducing costs during this period, NCB has launched the “0 VND Grand Party” program, offering various benefits to corporate customers on its 29th anniversary.
In addition to waiving international money transfer fees, NCB also offers a waiver on guarantee fees for customers who use the guarantee service for the first time; free beautiful account numbers, and cashback of up to 10% when paying electricity, water, internet, road fees, and airfare through the NCB iziBankbiz digital banking service.
On this occasion, NCB also expresses its gratitude to individual customers with preferential interest rate increases, with a maximum margin of up to 0.7% for online savings from September 5, 2024, to October 31, 2024; double the cashback rate, with a maximum cashback rate of up to 1.5% of the transaction value when customers use NCB Visa credit cards to pay for goods and services (POS/E-commerce), including installment payment transactions, from September 18, 2024, to October 31, 2024, and participate in a lucky draw with valuable prizes such as the latest iPhone Promax smartphones; AirPods Pro headphones, with a total value of up to hundreds of millions of VND…
A Reliable Partner
According to NCB’s representative, the significant promotion on its 29th anniversary not only expresses gratitude to customers who have accompanied the bank over the years but also introduces corporate customers to a completely new NCB after two years of comprehensive transformation.
The bank has continuously launched safe and effective financial products that meet the diverse needs of customers, providing an ever-improving financial service experience.
A notable example is the NCB iziBankbiz digital bank exclusively for corporate customers. The application is available on both online banking and mobile device channels (NCB iziMobiz application), allowing users to transact and synchronize data across devices, from computers to mobile phones or tablets. In addition, since the second half of 2024, NCB has waived all fees for using digital banking services. This enables businesses to manage their finances effectively, supporting the monitoring and optimization of cash flow and enhancing competitiveness in a volatile market.
At the same time, the bank has also introduced practical products to directly accompany and support the business community. The most outstanding is the recently launched financing package for enterprises implementing contracts or bids with capital sources from the state budget/ODA. With this product, NCB finances up to 90% of the working capital needs of customers in the plan year or according to specific business plans.
Corporate customers are also offered a diverse range of guarantee products, such as bid guarantee, performance guarantee, advance payment guarantee, warranty guarantee, and pending final settlement guarantee. The guarantee service also features simple procedures and quick processing times.
Notably, NCB allows customers to make a deposit of only 0% of the guarantee value and offers a discount of up to 30% on the guarantee issuance fee, providing financial flexibility for businesses.
NCB offers many customer benefits
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NCB’s diverse, flexible, and practical policies not only enable businesses to focus all their efforts on achieving the best business results but also demonstrate NCB’s commitment to accompanying businesses in a challenging market context. With these “tailor-made” products that meet the specific needs of enterprises, NCB is increasingly becoming the top choice for businesses in their development, production, and international cooperation.
In the future, the bank will continue to develop superior and practical financial solutions, contributing to the timely provision of capital to the market, addressing difficulties in production and business activities, supporting the promotion of economic growth drivers, and creating value for the community.
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