Bac A Bank deploys swift money transfer feature

The swift money transfer feature with VietQR code helps customers transfer money from an account opened at Bac A Bank to another bank account in the Napas’ network through a 24/7 fast money transfer method, with a maximum limit for each transaction of up to $21.740.

The transaction can be carried out just by scanning the QR code.

Bac A Bank launches its swift money transfer feature via VietQR

With this feature, Bac A Bank’s customers are much more proactive in money transfer transactions, because they only need to scan the beneficiary’s QR code instead of having to fill in detailed information such as account number, account holder name, beneficiary bank, and money amount to be transferred.

All information is processed automatically and accurately, helping limit risks and errors in the input.

Meanwhile, customers can easily create a fixed QR code for their payment account and save it on the mobile app, making it more convenient for future transactions. Customers can generate QR codes for each transfer transaction, allowing the addition of the amount and content of the transfer. They just scan the QR code to complete the payment process in a wink.

Along with the advantages of Bac A Bank's mobile app, the new feature continues to improve the digital experience of customers.

“After paying in cash and swiping cards directly, today customers can make all transactions and pay with just one touch on an omnichannel platform. Grasping that trend, Bac A Bank has constantly invested in technology, integrating multiple convenient functions in one application to provide the most convenient services for customers,” said Vu Thanh Thuy, deputy director of Retail Banking Division at Bac A Bank.

To transfer money or create a QR code to receive money, customers only need to download or update the Bac A Bank mobile app on App Store or CH Play.