Interbank money transfer service Via LVB DigiBank is a service designed specially which supports customers to transfer LAK and USD currency to 39 other banks via Smart Banking.

• Customers:

Customers must have current accounts at LaoVietBank

• Scope of use:

• Available in LAK, USD, THB.
• Transfer limit of 30,000,000 LAK / day (10,000,000 LAK / transaction)
• Service charge: 10,000 LAK, 40 THB, 1 USD/transaction
• Time: Monday - Friday

LAK currency: from 9:00 to 15:10                                                                                              

USD, THB currency: from 9:00 to 15:25

• Money transfer channel:

Customers log into the Mobile Banking application, enter the Interbank Transfer, enter the recipient's account and bank account of the recipient, enter the amount and make the transfer.

• Utility:

Support customers to conduct the transfer via Smart Banking without going to the bank counters.

• Customer’s benefits:

• Easy-to-use and friendly Interface
• Prompt transfer via Mobile Banking channel.
• Save time and add more benefits compared with performing transactions at the bank counters.
• Attractive fee (fixed fee, no fee for outward transfer).

• Service launch time: starting August 8, 2017

Guidelines for transferring interbank money on Mobile Banking

Step 1:

• Select the Transfer / Transfer menu outside the system
• Enter the full information displayed on the screen.
  • Enter the recipient’s account.
  • Enter the recipient’s name.
  • Enter the bank account of the recipient
  • Enter the amount
  • Select the type of charge
  • Save the recipient’s information
  • Type the message
• Move to Step 2

Step 2: Customers check the entered information, enter the OTP code to authenticate the transaction, in case the OTP code expires, customers tap the icon “return” to receive the OTP code.

Step 3: Transaction results are displayed on the screen.

• Tap create a new transaction to continue creating a new one.