For the first time, Sai Gon Thuong Tin Commercial Joint Stock Bank (Sacombank) is offering customers free remittance receipt services at its ATMs.

To avail this service, customers do not need to have a Sacombank account number or card.

As soon as the sender completes the remittance procedures, Sacombank will send a receipt code via SMS to the recipient’s mobile number.

Within 10 days of receiving the code, a customer can go to any Sacombank ATM any time to get the money by following a few simple steps. The customer has to press 9 at the ATM and choose the transaction language and receiving remittance service. He/she will then need to enter the receipt code and the citizen identification number or passport number.

After that, the customer needs to enter the withdrawal amount, which is a maximum of VND10 million per transaction, followed by the OTP (one-time password), which is sent to the customer’s mobile number as soon as he/she enters the withdrawal amount. After entering the OTP, the customer can receive the remittance money and invoice from the ATM.

In addition to receiving the receipt code sent by Sacombank and withdrawing money via ATMs, customers can also receive money directly at Sacombank transaction points within 30 days.

Customers receiving remittances at transaction points are entitled to many benefits, such as exchange rate preference when converting foreign exchange to Vietnamese dong, preferential remittance transaction fee, preferential international payment, additional interest rate when depositing savings and free payment account opening service. — VNS