- The multi - currency payment system operated by the Joint stock Bank for Foreign trade of Vietnam (VCB – Money):

VCB – Money plays a key role in the overall payment system of the Joint stock Bank for Foreign trade of Vietnam. The system serves financial and economic institutions in buying and selling foreign currencies on the basis of domestic interbank market. Almost domestic credit institutions and several foreign bank branches open accounts in foreign currencies at the VCB.

When a credit institution, as an IBPS member, buys/sells foreign currencies, VCB – Money will transfer funds from foreign currency accounts of commercial banks opened with the VCB and receive/deposit VND from credit institutions settling accounts opened with IBPS. VCB-Money is a typical interbank payment system of multi currencies.

The main services of VCB – Money are remittance, cash out; buying/selling foreign currencies; salary and other payment services.

- The bilateral payment system: Beside VCB, several leading commercial banks such as BIDV, Agribank, and Vietinbank also establish and operate electronic bilateral interbank payment system to provide such services as the money remittance, receiving and settling on the basis of bilateral clearing of non-time-critical low value payment transactions; and to provide services to the member institutions of those bank payment systems.