Techcombank pioneers automatic depositing

Wednesday, May 21, 2008
Automatic Teller Machines (ATM) that enable customers to securely deposit money into their account and have it automatically credited have been successfully launched in Viet Nam.

Viet Nam Technological and Commercial Joint Stock Bank (Techcombank) have collaborated with Germany-based Wincor Nixdorf group to pioneer the new service for the country.

Techcombank Deputy General Director Le Xuan Vu said the launch was part of the bank’s effort to provide its customers with convenient, time-saving banking services.

Wincor Nixdorf Asia Pacific Marketing Director Karsten Kemma echoed the banks statement, saying the project was an important move for the Vietnamese banking sector.

The machines can currently accept 50,000 VND and 100,000 VND notes. (VNA)