Sacombank optimizes international online payments: Fast - transparent

In the context of Vietnam's economy continuing to maintain strong growth momentum, Vietnam's import-export turnover continuously set records in the first half of 2025, reflecting the expansion speed of foreign trade activities.

Along with opportunities, small and medium enterprises (SMEs) face many challenges in international transactions regarding tariffs, time to transfer money abroad, exchange rate fluctuations, transaction monitoring and verification...

Therefore, an international payment platform that applies advanced technology with fast processing time, high accuracy and tight transaction control is what businesses need to confidently reach out to the global market.

Easily track and validate transactions with SWIFT GPI and SWIFT Pre- validation

Grasping the trend of financial globalization, Sacombank is one of the first banks in Vietnam to simultaneously deploy two technological solutions in international payment activities: SWIFT GPI (Global Payments Innovation) and SWIFT Pre-validation.

The synchronous implementation of the latest SWIFT standards helps Sacombank bring a comprehensive and efficient international payment experience to businesses.

SWIFT GPI is now the global standard with over 1,200 connections and over $300 billion in transactions per day. Its main advantages are the ability to track payments “at the door” and fast processing speed with nearly 100% of transactions completed within 24 hours.

In addition, SWIFT Pre-validation allows for authentication of recipient information before transactions, reducing errors and verification risks, especially useful when businesses expand trade to new markets.

Optimize the experience for business

The synchronous implementation of the latest SWIFT standards helps Sacombank bring a comprehensive and efficient international payment experience to corporate customers, especially SMEs - a force that plays a key role in economic growth.

On the digital technology platform, Sacombank provides a multi-channel ecosystem: from counter transactions, via e-banking, API integration to connection with the enterprise's internal management system (ERP).

Customers can easily track transaction status, know exactly when the money arrives, the fees and the intermediary banks involved - something that was previously only available at global financial institutions. Not only stopping at speed and transparency, Sacombank also improves the system's automatic processing capacity.

The bank's STP (Straight Through Processing) rate is currently over 98%, far exceeding the regional average and is continuously recognized by international organizations such as Wells Fargo, JPMorgan, Citibank, Standard Chartered Bank, The Bank of New York Mellon... for its capacity and quality of international payment processing.

Committed to sustainable development with businesses

Sacombank currently provides a full range of services from account opening, money transfer, L/C issuance, guarantees, foreign currency trading, international payments, to trade finance, foreign exchange - derivatives solutions. In particular, Sacombank continuously upgrades its digital channels with online disbursement, online account opening, eKYC integration, multi-layer authentication and many new payment methods such as Tap to Phone, Sacombank QR Pay... supporting businesses to transact safely, shorten processing time and optimize resources.

In the coming time, Sacombank will accelerate the application of artificial intelligence (AI) and automation into all processes to improve operational efficiency. At the same time, the Bank will expand international cooperation and develop green financial products, linking business goals with social responsibility, thereby realizing the goal of becoming a comprehensive financial partner for the Vietnamese business community.

Source: https://baodautu.vn/sacombank-toi-uu-thanh-toan-quoc-te-truc-tuyen-nhanh-chong---minh-bach---chinh-xac-d327217.html