ABBANK was honored as the bank with "Excellent International Payment Quality 2024"

ANTD.VN - On November 14, 2024, An Binh Commercial Joint Stock Bank (ABBANK) was honored to receive the "Excellent International Payment Quality 2024" award presented by JP Morgan.

The award recognizes ABBANK's excellence in automated processing of international payments - with a standard international payment rate of up to 98% throughout 2024; and also recognizes the excellence in the professional performance of the Bank's international payment staff.

JP Morgan has been a comprehensive and long-term cooperative partner with ABBANK for many years in the fields of international payments, money transfers and foreign exchange trading.

At the award ceremony, Mr. Lai Tat Ha - Deputy General Director of ABBANK shared: "The recognition and honor from a large and prestigious international organization like JP Morgan is a clear demonstration of ABBANK's continuous efforts to improve the quality of services and solutions for customers. This is a great motivation for us to continue investing in technology and staff to bring customers the best experiences."

“ABBANK has a stable technology infrastructure and service quality, especially the professionalism and extensive experience of its staff in the fields of international payments, trade finance and foreign exchange trading. JP Morgan will continue to promote comprehensive business cooperation activities with ABBANK in the coming time to best serve the needs of both sides' customers,” Ms. Phan Bich Van - General Director of JP Morgan Vietnam shared about the bilateral cooperation plan.

With over 31 years of experience in international payment, foreign exchange trading and trade finance, ABBANK has cooperative relationships with more than 300 correspondent banks in 75 countries and territories. Currently, in addition to working capital financing, ABBANK also provides import-export customers with many other products and services such as UPAS L/C, discounting of documents, guarantees, re-issuance of L/C, confirmation of L/C... Choosing the motto of "taking customers as the center of all business activities", ABBANK always proactively accompanies corporate customers through preferential credit packages, attractive interest rates, trade finance... helping import-export enterprises promptly supplement capital sources to serve the expansion and development of business effectively and sustainably.

Along with financial solutions suitable for the business's field of operation, ABBANK is also implementing many preferential programs on fees for international payment services for businesses such as: Free international money transfers for transactions made on the digital banking platform for businesses ABBANK Business, Free/reduced up to 100% of international payment fees for some services such as international money transfers, trade finance when transacting at the counter; along with attractive incentives on foreign currency buying and selling rates.

In addition to the award presented by JP Morgan, ABBANK's international payment activities were previously honored and awarded certificates by large and prestigious international partners.

In 2022, ABBANK was honored to receive the “Trade Deal of the Year 2022” award from the Asian Development Bank (ADB) within the framework of the Global Trade and Supply Chain Finance Program (TSCFP Awards 2022). The “Trade Deal of the Year” award was voted to honor the bank with the most outstanding transaction achievements in import-export finance activities, reviewed and evaluated by ADB out of a total of more than 240 member banks participating in the Global Trade and Supply Chain Finance Program (TSCFP).

Source: https://www.anninhthudo.vn/abbank-duoc-vinh-danh-ngan-hanh-co-schat-luong-dien-thanh-toan-quoc-te-xuat-sac-2024-post595606.antd