Individuals and organisations will have to pay VND3,300 (US$0.15) per an online transaction with other Vietcombank account holders from January 15. Photo lamchame.vn

HA NOI (Biz Hub) — The Joint Stock Commercial Bank for Foreign Trade of Viet Nam (Vietcombank) has revised its transaction fees and transaction limits for online money transfers from January 15.

According to a bank announcement, individuals and organisations will have be charged VND3,300 (US$0.15) per an online transaction with other Vietcombank account holders. The fee for an interbank transaction remains unchanged at VND11,000 ($0.52).

Individuals and organisations will also be permitted to transfer a maximum of VND300 million (nearly $14,290) per day to Vietcombank account holders and a maximum of VND100 million ($4,760) per day to account holders in other banks.

Earlier, the transfer of money between individual Vietcombank account holders was free, while organisations were charged VND11,000 per transaction. In addition, the previous maximum limit on transactions between Vietcombank account holders, as well as between Vietcombank account holders and other bank account holders was VND100 million. — VNS