Sacombank-SBR and Xpress Money sign strategic partnership to expand global remittance network

The partnership aims to enhance the speed, security, and overall customer experience of remittance services for millions of customers worldwide.

Shared Vision – Connecting Global Communities Through Remittance Services

Founded in 2006 as a wholly-owned subsidiary of Sacombank, Sacombank-SBR is one of Vietnam’s leading remittance service providers. Over nearly 20 years of development, Sacombank-SBR has continuously invested in technology innovation, modernized its operations, and built a payout network spanning 34 provinces and cities nationwide.

With technology as the core driver of growth, Sacombank-SBR has pioneered flexible money-receiving solutions for customers, including home delivery, in-branch cash pickup, bank account transfers, and e-wallet services, ensuring fast processing, convenience, and absolute security.

Xpress Money  is a trusted global money transfer brand under Wizz Financial, committed to delivering faster, more accessible, and cost-effective cross-border payment solutions. With extensive international expertise and a strong customer-centric approach, Xpress Money is a preferred choice for millions of customers globally.

This collaboration between Sacombank-SBR and Xpress Money will deliver remittance services that are not only faster and safer but also better aligned with the real needs of overseas Vietnamese communities and their families back home.

“Each remittance is more than just money – it is love, care, and responsibility entrusted to us,” said Mr. Trần Minh Khoa, Chairman & CEO of Sacombank-SBR. “Through this partnership with Xpress Money, we aim to transcend distances and deliver that message with convenience, transparency, and completeness.”

Expanding Value for the Vietnamese Community and Global Customers

The strategic alliance is expected to provide fast, secure, and accurate remittance services for overseas Vietnamese communities sending money home while expanding the presence of both brands in key markets across the Middle East, and other high-demand remittance corridors.

Speaking at the ceremony, Mr. Samir Vijay Vidhate, CEO of Xpress Money, said:
“Today’s collaboration is not just a business agreement, but a shared vision to provide secure, seamless, and accessible money transfer solutions to the communities that rely on us. At Xpress Money, we’ve always believed that remittance is more than a financial transaction – it’s an emotional connection, a way for migrants to express love, care, and support for their families back home. This partnership strengthens our ability to fulfill that purpose with greater efficiency and reach.”

The ceremony concluded with a symbolic flower presentation and photo session between the leaders of both companies, reflecting mutual respect, sincere cooperation, and high expectations for the road ahead.

About Sacombank-SBR

Established in 2006, Sacombank-SBR is a subsidiary of Sacombank specializing in international money transfer services. Leveraging modern technology, a nationwide payout network, and partnerships with reputable financial institutions worldwide, SBR processes millions of transactions annually, connecting Vietnamese families with their loved ones abroad.

About Xpress Money

Xpress Money is a trusted global money transfer brand under Wizz Financial, committed to delivering faster, more accessible, and cost-effective cross-border payment solutions. With over two decades of experience, Xpress Money has built a strong presence across major remittance corridors, offering both Direct to Account and Cash Payout services through an extensive partner network worldwide.