Vietnam International Bank signs agreement with Xpress Money to offer global instant money transfer services

Global instant money transfer services to be available at 130 locations in Vietnam

Hong Kong, July 6, 2011 (BUSINESS WIRE)

Vietnam International Bank, ‘the Strong Brand of Vietnam’ has signed an agreement with Xpress Money, the fastest growing instant money transfer company, to offer instant money transfer services at 130 locations in Vietnam. The agreement is in line with the bank’s mission, ‘in providing innovative solutions to maximize the customers’ needs’

Abbreviated as VIB, ‘The Bank with Most Satisfying Retailing Services’, this new agreement enables providing money sent by overseas workers, to their dependants in Vietnam instantly. The beneficiaries can collect the money in US Dollars.

‘Vietnam is a growing market with more than 4million Vietnamese living and working across 100 countries worldwide. Our agreement with Vietnam International Bank, one of the leading banks in Vietnam is part of our mission of bring instant money transfer service within the reach of every citizen on this planet,’ said Mr. Sudhesh Giriyan,

Vice President, Xpress Money.

About Vietnam International Bank

Vietnam International Bank, with total assets of over VND 100,000 billion, is one of the leading joint stock commercial banks in Vietnam. The bank, which was recently ranked 3rd among 500 biggest private enterprises in Vietnam, has 150 branches and transaction offices in 27 key provinces/ cities across the country.

About Xpress Money

Xpress Money Services Limited is the fastest growing instant money transfer company.

With a thriving presence in more than 90 countries across 80000 agent locations worldwide, Xpress Money provides its customers an instant, safe & affordable way to transfer money worldwide. For more information, visit www.xpressmoney.com