MoneyGram International has expanded its money transfer services in Vietnam via a deal with Sacombank, a financial services provider which has joined the company’s agent network.

Vietnam is a leading recipient of global remittances since approximately USD 7 billion in remittances arrives in Vietnam each year, primarily from the United States and Canada, according to World Bank estimates.

Previously, DongA Bank joined MoneyGram’s agent network and in addition to providing MoneyGram money transfer services, the bank offers home delivery for MoneyGram. Customers in Vietnam can collect their funds at a home or at their business with DongA’s delivery service.