Monday, 22 April 2024

Best FX Bank in Vietnam - BIDV

5 min read

By The Asian Banker

Amid increasing opportunities of FDI, this bank became the first market mover in Vietnam to deploy online FX platform to generate an annual volume that grew by more than 70 percent for customers across electronics, technology and manufacturing sectors. With more than 85 percent potential customers adopting its platform for their FX needs, corporates can initiate FX transaction on their ERP linked through API to the platform, saving customers hassle and mitigating operational errors. Given these initiatives, it also reduced the turnaround-time on FX transactions to under 5 minutes.

For tapping increasing opportunities of FDI in Vietnam and becoming the lead bank to deploy online FX capabilities, Best Foreign Exchange Bank in Vietnam is BIDV.

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