(for illustration only. Source: VNN)

PANO - The Military Commercial Joint Stock Bank (MB), in association with Western Union, has announced a new service enabling people to receive money from overseas Vietnamese via their registered mobile phone numbers (MB Mobile Money).

Accordingly, MB’s customers can quickly get SMS Banking messages and receive the money a few minutes after the money is sent. The receiver does not have to pay any fee or go to the bank to get the money.

Customers only use the MB Mobile Money when they subscribe with Viettel's telecom services and register accounts at the bank.

Translated by Van Hieu