11/01/2024
EXIMBANK REDUCES CURRENCY CONVERSION FEE FOR CARD PRODUCTS
In order to deal with the scarcity of US dollars in the market and to encourge customers to make payment by cards instead of using cash , on March 18th 2011, Eximbank reduced its currency conversion fee to only 2.5% for international card products.
At present, Eximbank has two international card products that our customers can choose in order to replace cash when going abroad, for instance, Eximbank’s Visa Debit Card. With the Visa Debit Card, customers can deposit VND into their cards and swipe them at our points of sale, do online shopping or withdraw cash at millions of ATMs all over the world.
In addtion to the fuctions of making payment and withdrawing cash, with Eximbank’s credit card products such as Eximbank- Visa or Eximbank- MasterCard, cardholders may use the money advanced by our bank and repay at the minimum level of 5 % per month.
With the reduction of the currency conversion fee, Eximbank hopes to most practically support our customers in using cards to make payments for both domestic and international expenditure demands.