What is Vietcombank? Vietcombank Review, Features

Vietnam Foreign Trade Joint Stock Commercial Bank, abbreviated as Vietcombank or VCB, was established in 1963. It is a state-owned commercial bank in Vietnam. It was formerly known as Vietnam Foreign Trade Bank (Ngân hàng Ngoạithương Việt Nam). Vietcombank is the third largest bank in Vietnam after Vietnam Bank for Agriculture and Rural Development (Agribank) and Bank for Investment and Development of Vietnam (BIDV); in terms of total assets, it is the second largest commercial joint stock bank in Vietnam after BIDV.

Payment Features

• Covered countries: Vietnam
• Payment type: Online bank transfer
• Supported currencies: VND/USD
• Transaction limit: VND 2000~
• Arrival time: Real-time arrival
• Time limit: within 30 minutes
• Usage scenario: Online shopping
• Vietnam departure tax: 10%

Vietcombank payment process

Step 1: The buyer creates an order and selects Vietcombank as the payment method;

Step 2: Go to the Vietcombank login page and enter your bank account number and password;

Step 3: Confirm the payment amount and complete the payment;

Step 4: Return to your website/APP and the transaction is completed.