SeABank wins the sixth consecutive “Outstanding International Payment” award by Wells Fargo

“Outstanding International Payment” award by Wells Fargo

On August 14th, 2013 in Hanoi, SeABank was honored by Wells Fargo – one of the three largest American banks- with High Straight-Through Rate for Payment Processing award, given to banks with outstanding Payment Processing quality under SWIFT standard. With high standard of wire quality, Wells Fargo can quickly settle transactions, reduce time and inquiry cost as well as help beneficiaries to receive money faster.

This award truly praises the quality of SeABank’s international payment service in the first half of 2013. This is the sixth year  in a row (2007 – 2013) that SeABank receives this award from Wells Fargo (The awards in 2007, 2008 were given by Wachovia Bank, which is precursor of Wells Fargo). Together with the awards from Wells Fargo, SeABank’s international payment quality was also recognized with the Outstanding international payment awards given by Citibank from 2009 to 2011 and by HSBC from 2008 to 2011.

These awards once again confirmed not only the International payment service quality but also position of SeABank in Vietnamese commercial banking system, motivating SeABank to unceasingly strive to bring customers the best financial products and services, contribute to the overall strategy of SeABank becoming a prominent retail bank in Vietnam.

SeABank’s International Payment Service is always highly appreciated in terms of reliability and quality service with payment accuracy rate of over 95%. So far, SeABank has set up correspondence relationship with more than 200 banks and their branches worldwide. Plus, SeABank also takes advantage of the correspondent network of Société Générale (its foreign strategic partner owning 20% of SeABank’s charter capital) all over the world to continuously enhance quality and globally expand SeABank’s  international payment network.