For its almost 100 percent success rate in straight-through processing, the Ho Chi Minh City Development Joint Stock Commercial Bank has received the MT202 and MT103 STP awards for international payment services from J.P. Morgan Chase Bank.
The State Bank of Vietnam is drafting a circular regarding cashless payments which might allow domestic commercial banks and domestic intermediary payment companies to co-operate with foreign intermediary payment companies to provide international payment services.
The Saigon-Hanoi Commercial Joint Stock Bank (SHB) has received the Straight Through Processing (STP) Award 2016 from the Bank of New York Mellon (BNY Mellon) for the seventh time.
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