On 31 October 2018 the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) launched BIDV iBank – an electronic banking service for corporate clients with modern features.

BIDV iBank is an e-banking product operating on a multi-channel platform including web and mobile devices for corporate clients, financial institutions and other credit institutions. With BIDV iBank, clients can conduct banking transactions, including:

- making deposits and loans, and guarantee account queries;

- performing domestic and international money transfers and salary payments;

- sending documents with digital signature through the programme for processing with the same legal value as the original documents;

- querying information for merchants;

- effectively managing cash flow between main account and subsidiary accounts;

- viewing transaction summary, check transaction status by time and period;

- receive cash flow management reports of members of the group/corporation.

BIDV iBank is a multi-purpose product designed on a single transaction portal with intelligent custom interface and multiple authentication modes, allowing transaction processing in multiple mechanisms and supporting direct connection to the client’s finance-accounting system. The product features modern technology in line with global trends, which integrates microservices architecture with the world’s leading advanced technology solutions such as IBM Filenet, Oracle 12c Cloud or BIDV-built products such as SmartOTP, a plugin-based digital signature solution.

Addressing the launching, Mr. Le Ngoc Lam, Senior Executive Vice President at BIDV said: BIDV defines digital banking as a long-term strategy of the bank. The BIDV iBank is an effective solution for customers in digitalising banking transactions, thereby enhancing risk management in transactions with the bank.

Thanks to these unceasing efforts, BIDV iBank was honoured with a Top 10 Sao Khue award 2018. This is a prestigious award in Vietnam serving to commend outstanding products and excellent services in software and the information technology service industry. The award is the driving force for BIDV to continue improving the quality of its e-banking products in order to not only meet the increasing demand of clients, but also to create market-leading products.

For more information please contact

Bank for Investment and Development of Vietnam JSC (BIDV)

Tel: (+84)24.22205544; Hotline: 19009247

Website: www.bidv.com.vn