According to a bank representative, in the context of increasing operating costs, reducing expenses or using services at reasonable rates is a priority for many businesses. Instead of spending tens of millions of VND each month on transaction fees, money transfers, or account maintenance, MSB's M-Smart account package helps businesses optimize costs.

With this product, customers can conduct transactions without worrying about incurred fees. All online domestic and international money transfers are free, with no limit on the number or amount of transactions. M-Smart helps businesses save money by waiving fees for services such as electronic tax collection, utility bill payments, and many other transactions that frequently arise during operations.

Bank staff advise customers on products. Photo: MSB

Bank staff advise customers on products. Photo: MSB

In addition, MSB also provides businesses with an easy-to-remember premium account number. This account facilitates transactions, contributing to a professional impression and enhancing the business's prestige with partners and customers.

Quynh Anh, owner of an agricultural export business, said her company makes several hundred domestic and international money transfers each month. "Previously, transfer fees alone cost tens of millions of VND per month, but since using M-Smart, this cost has almost disappeared," Anh said.

In addition to free transactions, M-Smart also offers a direct cashback policy. Accordingly, businesses receive up to 2 million VND cashback per month for 6 consecutive months when making debit transactions via Internet Banking. The total cashback value can reach up to 12 million VND per business.

According to an MSB representative, cashback from business accounts is a new incentive, helping to save costs and generate additional profit from daily operational transactions.

Tran Hieu, owner of a packaging export business, said that for import-export businesses, optimizing exchange rates is a key factor. Using the M-Smart package helped his company profit nearly 1 billion VND in foreign currency last year.

"We regularly transact in USD, EUR, and even less common currencies like SGD. Compared to other banks our company has used, M-Smart offers good exchange rate benefits, helping us optimize currency conversion and increase business efficiency," Hieu said.

The account package has a convenient opening process, with disbursement entirely online. This allows businesses easy access to loans, saves time and travel costs, and minimizes paperwork.

In addition, customers also receive more benefits when registering for the Easy Trade credit product - a solution package specifically for import-export businesses. Easy Trade offers unsecured credit limits of up to 200 billion VND, short-term lending rates from 4% per year for USD and 4.5% per year for VND.

Customers can complete approval, disbursement, guarantee, LC opening, and international money transfers online, along with a flexible international payment fee package, starting from 49 million VND per year, other service fees reduced by up to 50%, and exchange rate benefits of up to 100 pips. These benefits support businesses' needs for purchasing production materials and meeting large orders from partners. Easy Trade helps customers proactively adapt to challenges from economic fluctuations and competition in the international market.

According to an MSB representative, through M-Smart and Easy Trade, the bank aims to help businesses optimize costs and ensure uninterrupted business operations to firmly seize international trade opportunities.

Hoang Dan

MSB, established in 1991, has over 260 branches and transaction offices nationwide, transacting with nearly 400 correspondent banks in 55 countries and territories. The bank has nearly 7,000 employees, serving over 6 million individual customers and nearly 100,000 corporate customers.

To register for an M-Smart account, readers can visit here or contact the hotline: 18006260.