SeABank partners with MoneyGram to launch Inbound Remittance service on SeAMobile app

Vietnam is currently among the world’s top 10 remittance-receiving countries, with inflows from the Vietnamese community in over 200 countries making significant contributions to the nation’s socio-economic development. Recognizing the growing demand for cross-border money transfer services, SeABank has partnered with MoneyGram International, Inc. to provide Inbound Remittance service on its digital banking platform - SeAMobile.

This partnership positions SeABank as the pioneer bank to integrate MoneyGram into digital banking application, offering customers a faster, more convenient, and secure transaction experience.

Accordingly, customers can enjoy a truly unique experience with this service, including: receiving money directly into their accounts anytime, anywhere, without depending on banking hours; leveraging a network covering more than 200 countries and territories to ensure fast remittance flows to Vietnam; conducting transactions through SeABank’s secure system combined with MoneyGram’s international technology and standards.

Speaking at the signing ceremony, Mr. Trinh Xuan Thanh (Director of SeABank’s Retail Banking Division) shared: “MoneyGram is regarded as a symbol of reliability and speed in the global financial services industry with 80 years of experience, a presence in 200 countries and territories, and the trust of over 150 million customers. Partnering with such a well-established partner reflects SeABank’s strategy of selectively bringing the best values to Vietnamese customers. By integrating MoneyGram services into our digital platform, SeABank not only enhances convenience for individual customers but also reaffirms its position as one of the Vietnamese commercial banks leading the ‘borderless banking’ trend – making every international transaction becomes seamless, secure, and transparent.”

On behalf of MoneyGram, Mr. Vijay Raj Poduval (Regional Director for Southeast Asia and Indochina) emphasized that Vietnam is one of the most dynamic remittance markets in the world. Mr. Vijay Raj Poduval noted that the partnership with SeABank – a bank with strong technological foundation and clear digital development strategy – will enable MoneyGram to further expand its presence in Vietnam while delivering faster, safer, and more convenient international money transfer experiences to customers. 

The partnership between SeABank and MoneyGram not only affirms SeABank’s pioneering vision in digital banking but also expands MoneyGram’s presence in Vietnam, and more importantly, delivers greater flexibility and convenience for customers in receiving remittances. This agreement is expected to accelerate international financial inflows into Vietnam and lay the foundation for a modern and transparent remittance ecosystem.