SCB has cut the daily Napas 247 fast-transfer limit for individual customers to a maximum of 20 million VND on Mobile and Internet Banking, effective from late 30/10, to strengthen transaction security and curb fraud and account takeovers. Customers needing to transfer above that cap are directed to branches or transaction offices, while many banks apply standard online transfer limits of 200 to 400 million VND per day. This is not the first change: the limit was 100 million VND at the end of 2024 and at one point fell to just 10 million VND. The bank had entered special control in October 2022 and, after closing many branches, had only 10 transaction points nationwide by mid-October this year. Savings rates for most terms are now below 1% a year, while new 12-month and 13-month deposits pay 3.7% and 8.7% a year respectively.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: SCB giảm hạn mức chuyển tiền nhanh mỗi ngày xuống 20 triệu đồng
Read the original on VnExpress ↗
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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