Two more Smartlink banks connect with VNBC network

Smartlink’s members include: Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank-STB) and ShinhanVina Bank Ltd (ShinhanVina).

This connection will allow Sacombank cardholders, including those with cards with the first Bank Identification Number 970403, PassportPlus debit cards, family domestic credit cards, Sacombank-Vinamilk domestic prepaid card and A Club Card telecommunication debit cards, and ShinhanVina cardholders, to make transactions such as cash withdrawal, balance account checking, and internal bank transfers through the VNBC network ATM system.

In return, VNBC cardholders can also make similar transactions at the ATM system of Sacombank and ShinhanVina Bank.

Sacombank now has a network of nearly 700 ATM machines nationwide.

It has recently launched services at ATMs with machines at its HCMC head offices (266-268 Nam Ky Khoi Nghia, District 3), Tan Binh branch (224 Le Van Sy, Tan Binh District), Binh Thanh branch (270B Bach Dang, Binh Thanh District) and Binh Tay branch (59-61-63-65 Hau Giang, District 6), to assist Sacombank cardholders in transferring cash to any accounts of Sacombank without going to the bank.

ShihanVina Joint Venture Bank was established in 1992, under the cooperation of the two banks (Vietnam Commercial Joint Stock Bank for Foreign Trade (Vietcombank-VCB) and Shihan Bank).

After nearly 20 years in the Vietnamese market, ShinhanVina currently has four branches, in HCMC, Hanoi, Binh Duong and Dong Nai.

ShihanVina is the first bank in Vietnam using the account book system, which helps customers track and manage their spending.

Smartlink and VNBC announced in October 2010 that their member banks could perform all transactions successfully at ATMs that have been linked by the two networks.

At that time, almost all of the cardholders of more than 20 banks, 22 of which are Smartlink member banks and two are VNBC members, are able to make cash transactions, balance inquiries, account statements and internal bank transfers at more than 5,000 ATMs the two systems with the security and accuracy.