The Vietnam Bank for Agriculture and Rural Development (Agribank) has announced it will continue to cut fees on all interbank transfers to support customers amid the COVID-19 pandemic.
Seventeen out of 45 commercial banks slashed the fees for interbank transfers of small sums worth less than 500,000 VND (21.5 USD) following the move of the National Payment Corporation of Vietnam (NAPAS) to cut switching fees with an aim to promote cashless payments.