This Service is an outward remittance to the beneficiary in Korea and/or having an account with a Korean bank, which enables the beneficiary to receive money in KRW. An equivalent amount in USD shall be debited from your source of funds in VND/USD/EUR.
Benefits
A long with the benefits as of our normal outward remittance, you can enjoy the followings:
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Low fees and charge
click here for reference)
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Competitive exchange rate offered by Vietcombank and Mizuho Seoul (Vietcombank’s strategic shareholder)
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Utilization of the Scheme as a bargaining tool to the Exporter since the Exporter can receive proceeds in KRW.