BFL, now offers an international transfer service through its BFL Connect mobile app. This service, the first of its kind in the Laotian banking market, allows customers to transfer money abroad quickly and securely using the SWIFT system.
Transfer fees are competitive, ranging from 0.12% to 0.20% of the transfer amount, depending on the chosen package. Customers can also enjoy further fee reductions by subscribing to tailored packages such as Premium, Private, or SME Plus.
While similar services exist in other BRED Banque Populaire subsidiaries, this feature demonstrates how digital solutions can be adapted to meet the specific needs of local markets.
Key takeaways:
      •     BFL is currently the only bank in Laos offering this service.
      •     The feature is available to all customers, with no special conditions required.
      •     This project reflects the adaptability and focus of our subsidiaries in delivering locally relevant solutions.
This initiative highlights how digital tools can enhance customer experiences across the BRED Banque Populaire’s global network.
