SCB Reduces Money‍ Transfer ⁤Limit to 10 Million VND and Closes ​4 Transaction Offices

Saigon Commercial Joint Stock Bank (SCB) has​ announced a reduction in the maximum money transfer limit for individual customers to 10 million VND per ⁣transaction, ​per day, per customer, effective from⁢ September 12.

The new regulation​ applies to both transaction counters ⁣and SCB ‍eBanking channels. Customers can only make Napas 247 fast money transfer transactions ‍of up to 10 million VND per transaction. If multiple transfers‌ are made in a day, the total amount cannot exceed ​10 million VND.

This is not the first time SCB ⁣has reduced the money transfer limit. Previously, on August 23, the bank adjusted⁤ the Napas 247 fast money⁤ transfer transaction limit from 100 million VND to 50 million VND per transaction, per day.

According⁢ to the ‌State Bank’s regulations, ​the Napas ​247 express transfer service ​allows customers⁣ to transfer money with a maximum limit of less ‍than 500⁢ million VND per transaction. Most banks currently apply a maximum transaction limit of 499 million VND ‍for Napas 247 fast money transfers on digital banking channels.

In addition to the reduced money transfer limit, SCB has also announced the⁢ closure ⁣of four transaction offices in Ho Chi Minh City, effective from October 14.​ The​ affected offices are:

• District 4 Transaction Office – 20/10 ‌Branch
• Ten Lua Transaction Office – Cho Lon Branch
• District 8 Transaction Office – Cho ⁢Lon Branch
• Kinh Duong Vuong Transaction Office – Cho Lon Branch

The ‌closure of these four transaction offices brings the total number of dissolved SCB‌ transaction offices nationwide to 96.