As you plan your trip to Vietnam, one of the many things you’ll need to take into account is how you will access your money while there. The options for transferring and withdrawing money in Vietnam are varied, and can be confusing for first-time visitors. This article will outline the most popular ways to withdraw money while in Vietnam, as well as their pros and cons.
photo: Miguel Á. Padriñán
1. Credit Cards
One of the most convenient ways to access money while in Vietnam is through the use of credit cards. Many businesses in Vietnam, particularly in cities and tourist areas, accept major credit cards such as Visa and Mastercard. With a credit card, you can simply swipe or insert your card to pay for purchases, and the funds will be withdrawn from your account automatically.
However, there are a few things to be aware of when using credit cards in Vietnam. First, many businesses will add a surcharge for credit card payments, typically around 3%. This surcharge is often not made clear to customers until they receive their bill, so it’s important to ask about it in advance. Additionally, some ATMs in Vietnam may not accept foreign credit cards, so it’s always a good idea to have a backup method of accessing cash.
2. Debit Cards
photo: Giovanni Gagliardi
Another option for accessing cash in Vietnam is through the use of debit cards. Debit cards are linked directly to your bank account, and allow you to withdraw cash from ATMs or make point-of-sale purchases.
One of the benefits of using a debit card in Vietnam is that you’ll typically get a better exchange rate than if you were to use cash. Additionally, many banks now offer contactless payments with debit cards, which can be a convenient way to pay for small purchases.
However, there are a few things to keep in mind when using debit cards in Vietnam. First, not all businesses accept debit card payments, so it’s always a good idea to have cash on hand as well. Additionally, some banks may charge international transaction fees for using your debit card abroad, so be sure to check with your bank in advance.
3. Cash
Of course, one of the simplest ways to access money while in Vietnam is through the use of cash. US dollars are widely accepted throughout Vietnam, and can be easily exchanged for the local currency, Vietnamese dong.
One of the benefits of using cash in Vietnam is that it’s widely accepted, even in smaller businesses and rural areas. Additionally, you’ll typically get a better exchange rate when using cash than you would with a credit or debit card.
However, there are a few things to keep in mind when using cash in Vietnam. First, it’s important to keep your cash safe and secure, as pickpockets are known to target tourists. Additionally, some businesses may not have change for larger denominations, so it’s always a good idea to have smaller bills on hand.
4. Money Transfers
One of the most popular ways to send money to Vietnam is through a money transfer. Money transfers can be completed online or in person, and typically take 1-2 days to process.
One of the benefits of using a money transfer to send money to Vietnam is that it’s a fast and convenient way to send money. Additionally, many money transfer companies offer competitive exchange rates and low fees.
However, there are a few things to keep in mind when using a money transfer to send money to Vietnam. First, you’ll need to have the recipient’s bank account information in order to complete the transfer. Additionally, some money transfer companies may charge fees for their services, so be sure to compare rates and fees before choosing a company.
5. Money Delivery
Another popular way to send money to Vietnam is through a money delivery service. Money delivery services can be completed online or in person, and typically take 1-2 days to process.
One of the benefits of using a money delivery service to send money to Vietnam is that it’s a fast and convenient way to send money. Additionally, many money delivery companies offer competitive exchange rates and low fees.
However, there are a few things to keep in mind when using a money delivery service to send money to Vietnam. First, you’ll need to have the recipient’s address in order to complete the delivery. Additionally, some money delivery companies may charge fees for their services, so be sure to compare rates and fees before choosing a company.
6. Cash Pickup
photo: Karolina Grabowska
Another popular way to send money to Vietnam is through a cash pickup service. Cash pickup services can be completed online or in person, and typically take 1-2 days to process.
One of the benefits of using a cash pickup service to send money to Vietnam is that it’s a fast and convenient way to send money. Additionally, many cash pickup companies offer competitive exchange rates and low fees.
However, there are a few things to keep in mind when using a cash pickup service to send money to Vietnam. First, you’ll need to have the recipient’s address and ID in order to complete the pickup. Additionally, some cash pickup companies may charge fees for their services, so be sure to compare rates and fees before choosing a company.
7. Traveler’s Checks
Another option for accessing cash in Vietnam is through the use of traveler’s checks. Traveler’s checks are a type of check that can be used to withdraw cash or make purchases in foreign countries.
One of the benefits of using traveler’s checks in Vietnam is that they can be easily replaced if lost or stolen. Additionally, many businesses will give you a better exchange rate for traveler’s checks than for cash.
However, there are a few things to keep in mind when using traveler’s checks in Vietnam. First, not all businesses accept traveler’s checks, so it’s always a good idea to have cash on hand as well. Additionally, you may be charged a fee for cashing traveler’s checks, so be sure to check with your bank or the business in advance.
8. Money Orders
Another option for accessing cash in Vietnam is through the use of money orders. Money orders are a type of check that can be used to withdraw cash or make purchases in foreign countries.
One of the benefits of using money orders in Vietnam is that they can be easily replaced if lost or stolen. Additionally, many businesses will give you a better exchange rate for money orders than for cash.
However, there are a few things to keep in mind when using money orders in Vietnam. First, not all businesses accept money orders, so it’s always a good idea to have cash on hand as well. Additionally, you may be charged a fee for cashing money orders, so be sure to check with your bank or the business in advance.
Useful Apps for Accessing Cash in Vietnam
photo: Bob Ghost
There are a few useful apps that can help you access cash in Vietnam.
Remitly: Remitly is an app that allows you to send money to Vietnam. The app offers competitive exchange rates and low fees, and can be used to send money to Vietnam via bank transfer, cash pickup, or money delivery.
Xoom: Xoom is a PayPal service app that allows you to send money to Vietnam. The app offers competitive exchange rates and low fees, and can be used to send money to Vietnam via bank transfer, cash pickup, or money delivery.
Western Union: Western Union is an app that allows you to send money to Vietnam. The app offers competitive exchange rates and low fees, and can be used to send money to Vietnam via bank transfer, cash pickup, or money delivery.
TransferWise: TransferWise is a free app that allows you to send money abroad. The app offers competitive exchange rates and doesn’t charge any hidden fees.
Google Wallet: Google Wallet is a free app that allows you to send money to friends and family. The app can be used to send money to Vietnam, and offers competitive exchange rates.
TIP: Get XE Currency: XE Currency is a free app that allows you to convert currencies and get the latest exchange rates. The app can be used to convert between Vietnamese Dong and other currencies, and offers live currency rates. The app offers live exchange rates and can be used offline.
What’s the best way to transfer and withdraw money while vacationing in Vietnam?
The best way to transfer and withdraw money while vacationing in Vietnam will vary depending on your individual needs and preferences. However, some of the most popular options include using cash, traveler’s checks, money orders, and apps such as Remitly, Xoom, and TransferWise. When deciding what option is best for you, be sure to consider factors such as exchange rates, fees, and convenience.
No matter what option you choose, be sure to take into account the pros and cons of each before making a decision.
Sending money to Vietnam is super easy with online transfers or delivery services. just a couple of days! I’d suggest checking fees first. Also, mobile apps are a game-changer for instant payments!
Managing money in Vietnam is easy! Try cash, debit cards, and mobile payment apps for convenience!
Get ready for a thrilling journey through Vietnam’s money scene! Explore the top 8 ways to move money, from e-wallets to classic bank transfers. Let’s embark on this adventure together!
In life, it’s vital to explore various ways to send money to Vietnam. Don’t forget to check out e-wallets for easy transfers. Look for deals to save on fees!
Isn’t it interesting how using online money transfers can add a layer of security and convenience when sending money to Vietnam? I reckon having a Vietnamese bank account could make handling your finances there even smoother. Just a little something to ponder!
Have you thought about using TransferWise or PayPal for money transfers in Vietnam? Virtual banking via digital wallets can make managing your finances there a breeze!
I hear you! Using TransferWise or PayPal can be a convenient option for sending money in Vietnam, especially for competitive rates. Have you found any other services you prefer?
Isn’t it amazing how in Vietnam, apart from bank transfers and cash pickups, using mobile payment apps like MoMo and ZaloPay is super convenient? They’re versatile with bill payments and online shopping!
Adding a personal touch, I’d suggest checking out mobile payment apps like Momo and ZaloPay in Vietnam. They’re super handy for transactions. For easier market exchanges, consider getting Vietnamese Dong from legit money changers or banks. Happy travels with smooth financial moves!
Have you ever thought about different ways to handle money in Vietnam beyond cards? Check out mobile apps and international transfers to boost your financial game there. It’s worth exploring!
Sure thing! There are several popular methods to transfer and withdraw money in Vietnam that go beyond just using cards. For example, e-wallets and online banking are gaining traction due to their convenience and accessibility for users across the country.
Looking to send money to Vietnam? No worries, I’ve got you covered! Let me share some fantastic methods for transferring and withdrawing money. Have you explored peer-to-peer payment apps or cryptocurrencies? They offer incredible convenience and flexibility. Give it a try and experience effortless money transactions.
When sending money to Vietnam, you have various popular methods to choose from that cater to different preferences and needs. It’s essential to explore the options available and select the most suitable one based on factors like speed, cost, and convenience. Have you considered trying out any of these methods yet?
I’ve explored a few ways to transfer money in Vietnam. They offer convenient options for managing finances. Did you know Vietnam’s currency is the Vietnamese Dong (VND)?
Yes, Vietnam’s currency is the Vietnamese Dong (VND). When transferring money in Vietnam, consider using e-wallets for seamless transactions. It’s a game-changer for managing finances effectively.
I’ve given some thought to trying out a few of these methods. It’s always good to have different options available for transferring and withdrawing money in Vietnam. By the way, many people find e-wallets simple and convenient for everyday transactions.
Exploring new ways to manage money can lead to better financial flexibility. It’s wise to diversify options for ease and security.
You’re right! It’s smart to keep your options varied for security. Maybe consider trying mobile wallets or digital banking for more convenient transactions.
Looking to add some Vietnamese pizzazz to your money transfers? Well, you’re in for a treat! Vietnam offers a variety of funky and happening methods to transfer and withdraw your funds, ensuring a groovy financial journey. Don’t let sneaky fees rain on your parade, explore the options available to find the perfect balance between convenience, affordability, and a splash of Vietnamese cool. Happy transferring!
Have you ever considered unleashing the boundless potential of your financial transactions in Vietnam? Dive deeper into the world of mobile banking and experience seamless money transfers, bill payments, and financial management on the go, all at the touch of a button. Stay one step ahead and explore the innovative features offered by a variety of cutting-edge mobile banking apps available in the country. It’s time to take control of your finances and embrace the remarkable convenience of mobile banking in Vietnam!
I have mainly used Paypal and Stripe when traveling. I guess for certain areas, these would probably be more useful. I will download a few and check them out.
Don’t they have virtual apps that allow you to load a virtual card/account with your own currency and it will change based on your location? I could have sworn that was a thing!
That’s right! Virtual apps can load virtual cards with your currency, adapting based on location. It’s a handy feature for managing money on the move. Have you tried it out yet?
Something that I always hated when traveling was having to exchange money or having to worry about it. Thankfully, things are a lot easier in this day and age. I couldn’t imagine traveling 50+ years ago.
This is handy information. Great tips for Vietnam but also in other areas. I feel like people who don’t travel often overlook a lot of these.
Thank you for your feedback! It’s true that these tips can be useful not just in Vietnam but also in other places. I appreciate your insights and hope you find these suggestions helpful for your future travels.
^ I agree
I have made use of PayPal numerous times while traveling and it has never let me know. It is fast, easy, and convenient.
It turns out there are lots of different ways to do this, but the easiest and most accessible way is through PayPal. This is because PayPal is available in Vietnam, where most international transfers are made through Western Union or Moneygram. If you’re trying to send money from the U.S., you can use PayPal’s services in Vietnam by going through your regular account (or creating one if you don’t already have one) and choosing “send money” on the dropdown menu under “send” or “pay.”
Once you’ve chosen which currency you want to send, you can choose between USD and VND. You’ll be asked which country you want your recipient’s money sent to (select Vietnam), then enter their first name, last name, email address (as well as other relevant details like phone number.)
How do the recipients access the money you send?