Sale and purchase of foreign currency is foreign currency transactions at the exchange rate determined on the date of the transaction

Benefits for customers

• Simple transaction.

• Assurance of safety of assets, mitigation of risks related to count and counterfeit money.

• Quick service, competitive rates and the highest trading limit.

Advantages of LVB

• As a bank with a wide network spreading across the major cities Laos

 • As a leading bank in the field of foreign exchange trading of Laos market with strong foreign currency resources and many years experience in this activity

Applicable currencies

• Bank buying: USD, THB, VND, EUR, GBP, AUD, CHF, GPY, CAD, CNY, SGD, etc.

• Bank selling: USD, THB, VND, etc

Exchange rate

Exchange rate can be tracked daily on exchange rate table of Laos-Vietnam Bank, or at the rate agreed between the customer and the bank.

Procedure

• Foreign currency purchase and sale contracts

• Customers buy foreign currencies records, documents evidencing the needs to buy foreign currency under Foreign Exchange Management Regulations.