SeABank partners with MoneyGram to promote inbound remittances to Vietnam

According to the World Bank, Vietnam ranks among the world’s Top 10 remittance-receiving countries, with total inflows estimated at over US$16–18 billion in 2024, accounting for approximately 4% of national GDP. Remittances not only serve as an important source of foreign currency for economic growth, but also help improve the living standards of millions of households.

With the aim of providing customers with a fast, convenient, and secure experience when receiving money from relatives overseas, SeABank and MoneyGram have jointly introduced an online remittance solution on SeAMobile app. This solution enables money to be transferred directly into customers’ accounts 24/7, without the need to visit a bank branch.

A solution that helps overseas Vietnamese send love back home

The program “Receive remittances via MoneyGram – Instantly get a VND30,000 eVoucher on SeAMobile” is launched during the year-end period, when remittance inflows surge as many overseas Vietnamese send money home for spending, education, investment, and Lunar New Year preparations. Accordingly, customers who receive remittances via MoneyGram on SeAMobile app or at any SeABank branch will get a VND30,000 eVoucher for each transaction, with no limit on the number of rewards. The eVouchers will be credited directly to customers’ SeANet/SeAMobile accounts after each successful transaction.

Using the online remittance service via MoneyGram on SeAMobile, customers can receive money anytime, anywhere, 24/7, without being limited by banking hours. The service also ensures security and transparency thanks to SeABank’s advanced protection system combined with MoneyGram’s international standards. Customers can also track their transaction status directly on the app, ensuring a fast, convenient, and seamless remittance experience.

This initiative serves as a token of appreciation to overseas Vietnamese and recipients in Vietnam who have continuously trusted and used SeABank’s services. Through this program, SeABank hopes to spread year-end joy with every transaction, delivering meaningful value besides financial benefits.

Taking digital remittance services to the next level

SeABank and MoneyGram International, Inc.—a leading global money transfer company operating in over 200 countries and territories and serving more than 150 million customers worldwide—have officially signed a partnership agreement. By combining SeABank’s advanced technology platform with MoneyGram’s global network, Vietnamese customers can now receive international remittances online directly into their bank accounts via the SeAMobile app for the first time, without visiting a branch or waiting in line.

At the recent signing ceremony, a SeABank representative stated that the partnership with MoneyGram marks an important milestone in SeABank’s comprehensive digitalization strategy. Bringing the remittance service onto the SeAMobile platform not only meets the demand for cross-border transactions but also underscores SeABank’s commitment to expanding its digital financial ecosystem, thereby delivering enhanced convenience and values to individual customers.

Mr. Vijay Raj Poduval (Regional Director for Southeast Asia and Indochina, MoneyGram) noted that Vietnam is one of the most dynamic remittance markets in Asia. He stated that the partnership with SeABank will allow MoneyGram to further expand its presence in Vietnam and better serve customers through modern, secure, and fast money transfer solutions.

The partnership between SeABank and MoneyGram not only delivers a seamless international remittance experience but also helps boost global financial inflows to Vietnam, supporting millions of households and small businesses in accessing international funds safely and efficiently.

Customers can learn more and experience the service at www.seabank.com.vn or via our SeAMobile app.