The program aims to help individual customers, as well as study abroad agencies and organizations, minimize costs when purchasing foreign currency and transferring funds for study and research abroad. The preferential rate depends on the transaction value compared to the listed exchange rate at the time of the transaction.
Specifically, the maximum discount is 80 dong for US dollars and 180 dong for popular foreign currencies such as Australian dollars, Canadian dollars, euros, and British pounds. For Japanese yen, the preferential rate will be proportional to the transaction value.
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Bac A Bank offers preferential exchange rates to customers. Photo: Bac A Bank
This offer comes as demand for overseas study rises, with increasing tuition and living costs abroad, and exchange rate fluctuations significantly impacting family budgets. Consequently, parents prioritize banks offering competitive exchange rates, simple procedures, and stable services, alongside security.
Nguyen Minh Anh from Phu Dien ward, Hanoi, whose child studies in Australia, stated that she carefully considers the timing of each tuition payment. "Even a difference of tens of dong per foreign currency unit can add millions of dong to the total cost", Minh Anh shared.
A Bac A Bank representative noted that for large, recurring remittances, the bank's exchange rate support can significantly reduce long-term costs for customers, especially amidst a volatile foreign exchange market.
Beyond exchange rate incentives, Bac A Bank's overseas study remittance service simplifies procedures, adhering to regulations while ensuring customer convenience. With a stable operating system and a dedicated, experienced professional team, the bank ensures quick, accurate transaction processing, allowing parents and students to confidently pay tuition and living expenses on time.
Bac A Bank aims to be a supportive partner for the Vietnamese community in investing in education, easing financial burdens so individuals can focus on their academic goals and development in an international environment.
Minh Ngoc
Readers can find more details about the program here, contact customer service at 1800 588 828, or visit any Bac A Bank branch or transaction office nationwide.
