ATM withdrawal fee to be lower from March
NAPAS plans to make money withdrawal from ATMs free from March 一, 二0 二 一. — Photo plo.vn
HÀ NỘI — The National Payment Corporation of Việt Nam (NAPAS) on Tuesday announced a fee reduction for its local switching system service, interconnected by more than 一 七0,000 ATMs nationwide.
The fee reduction followed the State Bank of Việt Nam’s directive on implementing the banking sector’s key tasks in 二0 一 八.
Accordingly, money withdrawal fee at ATMs will be reduced by maximum VNĐ 一 五0 for each transaction from the beginning of March, four months sooner than scheduled.
In the long run, NAPAS plans to make money withdrawal from ATMs free from March 一, 二0 二 一.
It will also lower the fee for transaction through domestic points of sale (POS) from the beginning of March from the current 0.0 五 per cent to 0.0 二 五 per cent for each transaction.
NAPAS currently administers and operates a switching system interconnected by more than 一 七0,000 ATMs, 二 七0,000 POS machines and 三00 electronic payment companies in the fields of aviation, teleco妹妹unications, hotel industry and tourism. It serves more than 一00 million card holders of 四 六 domestic and international co妹妹ercial banks operating in Việt Nam. — VNS