HDBank deploys the Swift GPI global payment query service
admin 2-07-2020, 00:39

HDBank deploys the Swift GPI global payment query service

Pioneering in providing international money transfer query services via Swift GPI, HDBank will bring added value to millions of individual and corporate customers across Vietnam.

Through this service, for each outward and outward remittance transaction, HDBank customers will receive an automatic notification of the credit status to the beneficiary’s account, send a stop request and cancel the money transfer order In addition, the amount of fees deducted when making transactions, the exchange rate at each GPI bank participating in the transaction will also be updated in detail to customers.

In order to use the international money transfer query service via Swift GPI, HDBank customers can register for automatic notification via email address or phone number, contact the nearest branch / transaction office or call the bank hotline 1900 6060 for further information.

With the international money transfer query service via Swift GPI at HDBank, customers can control and proactively manage cash flow more effectively.

Previously, HDBank joined the TradeAssets Trade Finance Electronic Trading Platform, becoming the first Vietnamese bank to participate in connecting and processing trade finance transactions on the blockchain application platform, with a vision Aim for barrier-less 24/7 financial transactions around the globe.

HDBank also pioneered in Vietnam to join Contour – an open commercial financial network, with the aim of increasing the ability to trade finance on a digital platform, ensuring the necessary superiority and absolute security, transparency, standardization of data in the process of handling financial – banking transactions. This is also part of HDBank’s strong digital transformation strategy to lead the market position in the retail, SME and consumer segments in Vietnam.

In addition, HDBank received a double award for a smooth handling process for MT202 and MT103 electricity awarded by J.P Morgan Bank.

With the almost absolute percentage of electricity, these awards have contributed to affirming the quality of international payment services with the modern technology platform and professional competence of HDBank staff in meeting meet the financial transaction needs of customers around the world.

GPI (Global Payments Innovation Initiative) is Swift’s global payment innovation initiative, with the aim of improving customer experience by increasing speed, transparency and tracking end-to-end payments. Cross-border payments for GPI member banks and its customers.

In Vietnam, HDBank is one of the pioneering banks providing Swift GPI international money transfer query service in currencies such as USD, GBP, EUR, CHF, AUD, CAD, JPY, THB, NZD, HKD, SGD.

Up to now, more than 990 banks worldwide have joined the Swift GPI. Along with HDBank, some banks have applied this service such as Vietcombank, Vietinbank, BIDV, ABBank, MBBank

Source: bizlive.vn