The program, which runs until 31/10, is designed for businesses utilizing financial solutions at VPBank. Through this initiative, the bank aims to encourage SME customers to increase their foreign currency transactions, expand their experience on digital platforms, and access financial management solutions tailored for international business operations.

This program applies to spot foreign currency transactions (SPOT), foreign currency derivative transactions (FORWARD, SWAP), and interest rate derivative products (CCS, IRS, AIRS, ACCS), among others, conducted at the bank. VPBank is offering a series of shopping vouchers, valued from two million to five million dong, redeemable at Winmart stores nationwide. These vouchers are awarded to SME customers who meet specific foreign currency transaction criteria during the program period, with eligibility based on the scale and growth of their foreign currency transaction volume.

Eligible participants include export businesses selling foreign currency with strong growth in foreign currency transaction volume, customers transacting on the VPBank NEOBiz, NEOBiz Plus, or VPBank Forex digital platforms, and entities using VPBank's foreign currency and interest rate derivative products.

A VPBank representative shared that as SMEs increasingly integrate into global supply chains, the need for exchange rate risk management and financial cost optimization becomes critical.

"Through this program, VPBank aims to partner with the SME community in expanding their international business operations, promoting foreign currency transactions on digital platforms with a more convenient, fast, and secure experience," the representative added.

VPBank's program aims to show appreciation to SME customers. Photo: VPBank

VPBank expects this initiative to further motivate the SME community to actively use foreign exchange and financial derivative solutions more effectively. This also marks a further step in VPBank's strategy to develop a comprehensive financial ecosystem for businesses, focusing on convenient, flexible transaction experiences that align with actual operational needs.

Earlier, in march, VPBank launched VPBank Forex, a platform allowing corporate customers to proactively monitor foreign exchange rates, execute real-time transactions, and directly trade on the VPBank NEOBiz Plus digital platform. This platform offers a comprehensive foreign currency trading solution with 15 common currency pairs in the market, providing spot and forward products that flexibly meet the needs of import-export payments, exchange rate risk hedging, cash flow management, and regular foreign exchange transactions for businesses.

The continuous expansion of digital foreign currency transaction solutions reflects VPBank's commitment to building a modern corporate banking experience. This allows customers to proactively conduct transactions at any time, optimizing operational time and enhancing financial management efficiency as they expand their domestic and international business activities.

(Source: VPBank)