On 10 May 2021, BIDV launched the promotion program "Free iBank - Fast transfer" for corporate customers. Accordingly, BIDV waives all transfer fees within BIDV system via BIDV iBank.

PLETHORA OF OFFERS

Simply by registering and using the financial service package on BIDV iBank such as money transfer, salary payment, bill payment, etc., customers will be exempted 100 percent of fee for money transfer to partners, customers, Free iBank - fast transfersuppliers who have opened accounts with BIDV. In addition, partners and customers of the business who do not have a current account at BIDV or have an account but have not used it will be entitled to participate in the program "The optimum choice for businesses" to open/reactivate the bank account and enjoy transaction incentives at zero cost.

In particular, both promotions do not require customers to maintain or increase their deposit balance at BIDV. Participating customers are also considered for preferential credit packages as well as free connection to BIDV iBank system through customers’ ERP system.In order to support small and medium-sized enterprises (SMEs) to accelerate the application of modern technology to governance, finance and accounting management, BIDV cooperates with MISA Joint Stock Company (MISA) and Kiu Vietnam Co., Ltd. (Kiu) to launch “SME Digitrans” program. The program offers at least 600 SMEs the following incentives: free two-year subscription fee for Kiu's BMP business management software, free MISA SME accounting software SME.NET 2020 Professional + MEINVOICE.VN (300 Invoices). BIDV and partners have successfully integrated the software into BIDV iBank and offer to participating SMEs for free as part of SME Digitrans.

This program helps customers reduce costs for financial activities while giving customers the opportunity to experience more preeminent features of BIDV iBank - an e-banking application for business customers, helping to accelerate the digital transformation process at enterprises.

OPTIMAL CHOICE

With its outstanding features, BIDV iBank application has well received by the business community. By 31 March 2021, there were nearly 60,000 customers using BIDV iBank, an increase of 200 percent compared to the beginning of 2020. The app has become indispensable in business activities and digital transformation of enterprises especially during the Covid-19 pandemic.

Through BIDV iBank, customers can transfer money, make 24/7 payments anywhere, schedule auto payment orders according to statements, aggregate account data (deposits, loans, insurance payment, international payment...) and real-time transaction information. Enterprises may centralize cash flow management flexibly and easily on the BIDV iBank and quickly connect BIDV iBank with the enterprise’s ERP system smoothly, ensuring information safety and security. In particular, at the beginning of the year, BIDV successfully upgraded and implemented trade finance services on BIDV iBank. Customers can perform trade finance transactions right on BIDV iBank without having to return the original transaction documents which helped save time and number of documents for import and export transactions. BIDV iBank also updates the transaction status in real time, automatically notifying the L/C payment due date as well as providing specialized reports according to customers' needs.

For more information about the program, please visit the nearest BIDV branch, website: bidv.com.vn or call the Contact Centre via 19009247.