From July 5, customers of the Bank for Investment and Development of Viet Nam (BIDV) can receive money transferred from other banks immediately with their ATM card number (16-digit card number printed on the front of the ATM card).

This feature is part of the service "Interbank money transfer 24/7" by BIDV in co-operation with National Payment Corporation of Viet Nam (Napas), launched on July 5, 2017.

Accordingly, BIDV customers can receive money transferred from 38 banks connecting money transfer services 24/7 with the ATM card number without any transaction time limit or need to declare bank or branch name information.

Previously, BIDV successfully deployed the quick customer transfer service through card and account number. The banks offer this service via one of the following channels: Internet Banking, Mobile Banking, ATM, SMS Banking and transaction counters.

With the advantage of fast transfer and receipt, after a few seconds of completing the operation through the above-mentioned electronic transaction channels, customers can receive the money transfered, not limited to transaction time, even on a public holiday. Money will be credited to the customer immediately. — VNS