Technology

Can You Convert Your Viettel Phone Credit into Cash?

Are you curious if you can transfer money from Viettel phone to a bank account? Worry no more, because FPT Shop has the answer for you! Read on to find out how.

Administrator

25 September, 2023

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Are you well-versed in transferring money between Viettel subscribers or to other networks? Have you ever considered the possibility of transferring funds from your Viettel account directly to your bank account? Is this even an option worth exploring?

Understanding Viettel Accounts and Their Monetary Functions

Transferring Funds from Your Viettel Account: What You Need to Know

To make phone calls, send text messages, or activate 3G/4G data services, you typically recharge your Viettel subscriber’s card. This particular account is often referred to as the primary or original Viettel account. Interestingly, any surplus balance in this account can be transferred to other subscriber accounts, both within the Viettel network and to other networks.

At present, Viettel does not facilitate direct transfers from your primary account to a bank account for various purposes such as bill payments or online shopping. While you can utilize funds from your bank account to recharge your Viettel subscription, the reverse process of transferring money from Viettel to your bank is not yet supported.

Exploring the Viettel Money Account and Its Benefits

Viettel Money is an innovative electronic wallet service offered by the esteemed Viettel Military Industry and Telecommunications Group. This platform is seamlessly integrated into the online payment ecosystem and builds upon the foundation of Viettel Pay with enhanced features and functionality.

Viettel Money provides an array of convenient services designed with our customers in mind. With Viettel Money, you can effortlessly pay your bills, including monthly utilities such as electricity, water, and internet. Additionally, you can top up your mobile phone, transfer money to phone numbers, card numbers, or account numbers, and even access borrowing and saving options. Our platform combines the best features of a traditional banking application with added perks, such as exclusive gifts and the seamless integration of multiple payment services.

With the Viettel Money Wallet, transferring funds from your wallet to your bank account or to another individual’s account is a breeze. This service is available anytime, anywhere, as long as your phone has an internet connection.

A Step-by-Step Guide to Transferring Money from Viettel to a Bank Account

When it comes to transferring funds from Viettel to a bank account, you have two primary options: utilizing the Viettel Money electronic wallet or opting for the BankPlus app. Each method has its own unique process, which we will outline below.

Transferring Funds with Viettel Money: A New Service Offering

Step 1: Accessing and Logging into the Viettel Money App

To get started with the Viettel Money app, follow these simple instructions:

Enter your phone number and password (a 6-digit code) in the provided fields.
Click on the “Login” button to proceed to the next step.

Step 2:

Navigate through the app and select Transfer money > Transfer to account number. This will initiate the process of transferring funds to a specific account.

Step 3

In this step, you will need to input the recipient’s bank details, including the account number and the desired amount of money to be transferred. If you wish to include a message with the transaction, you can do so here. Once you have entered all the necessary information, press “Continue” to proceed.

For your convenience, if you have previously made a transfer to a particular recipient, their details will be saved. This means that you can simply select their name, and the relevant bank and account number information will be automatically displayed, saving you time and effort.

Step 4:

Review the transaction details carefully and then click on the Confirm button to continue. Subsequently, you will be prompted to enter your Viettel Money password for security purposes.

Step 5: At this stage, a one-time password (OTP) will be sent to the phone number associated with your Viettel Money account. Enter this verification code and click Confirm to finalize the transaction.

Once your transaction is successfully completed, a notification will appear on your screen, providing you with the details of the transfer.

Note:

To initiate a transfer from your Viettel Money Wallet to a bank account, you will need to download the mobile application and complete the registration process. For a comprehensive guide on creating an account and linking your bank account with Viettel Money, refer to the article titled “A Step-by-Step Guide to Registering and Linking Your Bank Account with Viettel Money.”
Ensure that your phone has an active internet connection, either through Wi-Fi or a 3G/4G network, to use the Viettel Money app effectively.

Using the BankPlus App for Secure and Convenient Transfers

BankPlus is a trusted online banking service provided by Viettel Corporation in collaboration with several partner banks. It offers customers a safe and user-friendly platform to conduct various banking transactions directly from their mobile devices.

With BankPlus, you can easily manage your accounts, look up account information, transfer funds, pay for services, and even make savings deposits. It’s important to note that BankPlus accounts can only be registered with the main Viettel SIM card.

To transfer money from your Viettel account to a bank account using BankPlus, simply follow these steps:

Access the BankPlus website or download and open the mobile application on your device.
Log in to your BankPlus account using your unique username and password.
Locate and click on the “Transfer” option in the menu.
Select the option to transfer funds to a bank account.
Choose the specific Viettel account from which you wish to transfer money.
Enter the recipient’s bank account details, including the bank name, account number, and account holder’s name.
Specify the amount of money you want to transfer.
Carefully review the transaction details to ensure accuracy.
Confirm the transaction by entering the required authentication code or password.
Wait for a confirmation message indicating that the transfer has been successfully processed.

Download the BankPlus mobile application and log into your account using your credentials.

Step 2: Choose from one of the following options to initiate your money transfer:

Transfer to Account – Ideal for transferring funds directly to a bank account.
Transfer to ATM Card Number – Useful if you want to transfer money to someone’s ATM card.
Cash Transfer – Allows you to send money to someone who can then withdraw it from a designated ATM.

Step 3: Provide the necessary transaction information by filling out the following fields:

Receiving bank
Full name of the recipient
Account number of the recipient
Amount of money to be transferred
Optional message or reference for the transaction

Step 4: Review the transaction details and click on Continue. You will then be prompted to enter a One-Time Password (OTP) that has been sent to your registered phone number to finalize the money transfer.

Alternatively, you can initiate a transfer by dialing *123# on your phone and following the interactive prompts provided by the automated system.

For more information: Learn how to transfer money from Viettel to Vinaphone

While it is not possible to directly transfer funds from a Viettel account to a bank account, FPT Shop recommends two alternative methods: Viettel Money and BankPlus. Both of these platforms offer step-by-step guidance on how to successfully transfer money, ensuring a smooth and secure process.

Frequently asked questions

Yes, you can transfer any surplus balance from your primary Viettel account to other subscriber accounts, both within the Viettel network and to other networks.

Currently, Viettel does not facilitate direct transfers from your primary account to a bank account. However, you can use Viettel Money or BankPlus to indirectly transfer money from your Viettel account to your bank account.

Viettel Money is an electronic wallet service offered by Viettel Military Industry and Telecommunications Group. It allows you to pay bills, top up your phone, transfer money, access borrowing and saving options, and more. To transfer money from your Viettel Money wallet to your bank account, simply follow the steps outlined in the Viettel Money app, including entering the recipient’s bank details and confirming the transaction with your password and a one-time verification code.

BankPlus is an online banking service provided by Viettel Corporation. To transfer money using BankPlus, access the website or mobile app, log in to your account, navigate to the ‘Transfer’ option, select the appropriate transfer type, enter the recipient’s bank account details and the amount, review the transaction, and confirm with your authentication code or password.

Yes, FPT Shop recommends using either the Viettel Money or BankPlus platforms, which provide step-by-step guidance on how to successfully transfer money from Viettel to a bank account securely.