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How to send money to Vietnam

The safest and most cost-effective ways of sending money to friends and family in Vietnam.

Adrienne Fuller

Updated Apr 27, 2020

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Whether you are helping out family in Hanoi or investing in a start-up in Ho Chi Minh City, when you are ready to send money to Vietnam you don’t want to be slowed down by an expensive and complicated process. Sending money to Vietnam can be easy and affordable if you shop around for the best deal from a variety of transfer service providers.

Compare money transfer services to Vietnam

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Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
USD 60	1 day	HKD 0.00	2989.004	VND 29,890,044	Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees	Go to site	Compare	Show details	Details Minimum transfer amount USD 60.00 Transfer methods Online, Bank Account to Bank Account Transfer options Regular payments, One off payments Customer service Phone, Email Available currencies AUD, BDT, EUR, GBP, HKD, IDR, INR, KES, LKR, MXN, MYR, NPR, PHP, PKR, PLN, THB, VND Go to site Read the full review
USD 10	1 - 2 days	HKD 300.00	3000.403	VND 29,103,909	以透明的匯率，低收費及低最低金額的網上服務作匯款。 Make online transfers with transparent exchange rates, low fees and low minimum amounts.	Go to site	Compare	Show details	Details Minimum transfer amount USD 10.00 Transfer methods Online, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Email Available currencies AED, ARS, AUD, BDT, BGN, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CZK, DKK, EGP, EUR, GBP, GEL, GHS, HKD, HRK, HUF, IDR, ILS, INR, JPY, KES, KRW, LKR, MAD, MXN, MYR, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, SGD, THB, TRY, TZS, UAH, UGX, USD, UYU, VND, XOF, ZAR, ZMW Go to site Read the full review
USD 1	Within an hour	HKD 20.00	2988.404	VND 29,824,275	提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務，。 An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.	Go to site	Compare	Show details	Details Minimum transfer amount USD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Phone, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BIF, BOB, BRL, BWP, CAD, CDF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HRK, HTG, HUF, IDR, INR, ISK, JMD, JOD, KES, KGS, KHR, KMF, KYD, KZT, LAK, LKR, LRD, LSL, MAD, MDL, MGA, MUR, MWK, MXN, MYR, MZN, NAD, NGN, NOK, NPR, NZD, PEN, PHP, PKR, PLN, PYG, RON, RUB, RWF, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TRY, TZS, UGX, USD, UYU, VND, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
USD 50	1 day	HKD 35.00	3000.403	VND 29,899,015	快捷又簡單的國際匯款服務，大部分匯款收取固定的0.5%手續費。部分貨幣更不設保證金率。 Quick and simple international money transfers with a flat 0.5% transfer fee for most transfers. Zero-margin rates on some currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 50.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options One off payments Customer service Phone, Chat, Email Available currencies AUD, BDT, CAD, CNY, EUR, GBP, HKD, IDR, INR, KRW, LKR, MYR, NPR, PHP, PKR, SGD, THB, USD, VND Go to site Read the full review
SGD 1	1 day	HKD 60.00	3000.403	VND 29,824,005	你首兩次港幣$15,000或以下的匯款，手續費全免。Pay no fees on your first two transfers, up to HK$15,000. 象徵式收費以及中間價匯率，可匯款至高達30多個國家。 Transfer money to over 30 countries with nominal fees and the mid-market exchange rate.	Go to site	Compare	Show details	Details Minimum transfer amount SGD 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options One off payments Customer service Chat, Email Available currencies AUD, BDT, CAD, EUR, GBP, HKD, IDR, INR, JPY, KRW, LKR, MYR, NZD, PHP, SGD, THB, USD, VND Go to site Read the full review
USD 100	1 day	HKD 15.00	2955.4	VND 29,509,668	非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers. 可用45種貨幣匯款。 Send money in 45 currencies.	Go to site	Compare	Show details	Details Minimum transfer amount USD 100.00 Transfer methods Online, Phone, Agent Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AUD, AZN, BGN, BND, CAD, CHF, CNY, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, KWD, LKR, MAD, MGA, MXN, MYR, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, RUB, SAR, SBD, SCR, SEK, SGD, THB, TOP, TRY, TWD, TZS, USD, VEF, VND, VUV, WST, XOF, XPF, ZAR Go to site Read the full review
GBP 5,000	1 - 2 days	HKD 0.00	2955.4	VND 29,553,999	可匯款至20+個國家，無手續費。 Transfer money to 20+ countries with no transaction fees.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 5,000.00 Transfer methods Online, Phone, Bank Account to Bank Account, International Money Order Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, AFN, ALL, AMD, ARS, AUD, AZN, BDT, BGN, BHD, BIF, BMD, BOB, BRL, BWP, CAD, CDF, CHF, CLP, CNY, COP, CRC, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KRW, KWD, KZT, LBP, LKR, LSL, MAD, MDL, MGA, MKD, MUR, MWK, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SEK, SGD, SLL, THB, TND, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, UZS, VND, WST, XAF, XCD, XOF, XPF, ZAR, ZMW Go to site Read the full review

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Sending money to Vietnam

How do international money transfers work?

An international money transfer allows you to send money to a recipient overseas. Generally, a transfer involves you providing funds to a bank or an independent transfer provider, which then sends the money to your recipient in another country — in this case, Vietnam. This can be done in person, over the phone, through a mobile app or online. You can use cash, a credit or debit card, or transfer funds from your bank account, which will then either be deposited into your recipient’s bank account or mobile wallet, or made available as cash for them to pick up at a location in their country.

Banks versus money transfer companies

We use our banks to take care of all our other financial needs, so surely we should use them when we need to send an international money transfer, right? Not necessarily. While major Hong Kong banks offer money transfer services, they usually present less competitive exchange rates coupled with high transfer fees.

Another option you should explore is to send money to Vietnam with a money transfer company. These providers, such as OFX and SingX, specialize in handling overseas money transfers, combining competitive exchange rates and lower fee structures. Some providers will waive the fee altogether if you transfer more than a set amount, making it more affordable to send funds overseas.

Case Study: Henry Sends Money to Vietnam

Henry needs to send $10,000 to his parents in Hanoi, Vietnam, but when he asks his bank to send the funds he is disappointed by the exchange rate it offers. He decides to compare the services of two money transfer providers. The details of his comparison are shown in the table below.

	Money transfer company 1	Money transfer company 2
Exchange rate	1.00 HKD = 3,021.3267 VND	1.00 HKD = 3,033.31 VND
Transfer fee	60.00 HKD	107.35 HKD
Transfer method	Bank account deposit	Bank account deposit
Processing time	1 business day	1 hour
Amount received	30,213,267.00 VND	30,007,474.00 VND

As you can see, Henry’s parents will receive 205,793 VND (about 68.59 HKD) more if he sends his funds with the first transfer company. Though the second company’s delivery time takes only 1 hour.

How to compare transfer companies when transferring money to Vietnam

Exchange rates. The higher the exchange rate you can get, the more money will make it into your recipient’s pocket. Just be aware that some companies that offer high exchange rates also charge high transfer fees.
Fees. You’ll need to fork over cash in order to get your funds transferred, but some companies will let you avoid a transfer fee if you send a large amount.
Transfer methods. Online, over the phone, at a branch and through a mobile app are some of the transfer methods available from different companies.
Transfer options. While some companies only offer one-time transfers, others will allow you to set up recurring payments and make forward contracts, which allow you to lock in an ideal exchange rate now and transfer the money later.
Turnaround time. Processing times can be as quick as a few minutes or as long as several business days, so this may be important if you want your funds to arrive as soon as possible.
Minimum amount. Check the fine print provided by each provider to see if they set a minimum transfer limit. A high minimum limit can restrict your options if you just need to transfer a small sum.
Pickup methods. Services range from bank account deposits to cash pickup and even home delivery.
Customer service. Will assistance be easily accessible if you require help with a transaction?

Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it will yield more money when exchanging it in a country with a weak currency. Like, most countries, Vietnam’s exchange rate is flexible, which means it can change from moment to moment based on factors such as interest rates, economic stability and inflation.

How to send money to Vietnam from Hong Kong

Bank transfers. Approach your bank for details on how to send a secure wire transfer to a bank account in Vietnam.
Online money transfer providers. Online transfer companies offer a cheap, convenient and safe way to send funds to Vietnamese bank accounts.
Money transfer companies with cash pickup options. Companies like Western Union allow your recipient to collect the cash you send from agents across Vietnam.
PayPal. PayPal offers a simple and convenient online money transfer solution.
Checks. You may also wish to obtain an international check from your bank to send overseas.

Choose one of the numerous transfer providers who send money to Vietnam.
Register with your provider on their website supplying your name, address, contact information and date of birth. A valid photo ID like HKID will also be required.
Provide your recipient’s name, address and contact details. Depending on the transfer method you may also have to supply their bank account information.
Enter the amount you want to transfer, complete your transaction and save your tracking or receipt number to follow up on the progress of your transfer.

Emergency cash transfers in Vietnam

Urgent transfers typically attract poor exchange rates and higher fees than normal transfers, so make sure you’re fully aware of how much the transfer will cost you before you send it. Not only will it mean more money makes it to your recipient, but you can also increase your cost savings.

Tips for picking up cash in Vietnam

If you need to pick up a cash transfer from an agent in Vietnam, take note of these simple safety tips.

Take a friend along for protection.
Don’t advertise your money to strangers.
Be aware of your personal security at all times.
Deposit the money into your bank account as soon as possible.

Cash pickup locations in Vietnam

WorldRemit
SACOMBANK – Tran Dai Nghia Transaction office
Address: 16 Trần Đại Nghĩa, Binh Tan District (Quan Binh Tan), Binh Tan District, Ho Chi Minh City, Vietnam
Hours: 7:30 AM – 5:00 PM
Phone: +84-8-3756 2839
DONGA BANK
Address: 130 Phan Đăng Lưu, 3, Phú Nhuận, Hồ Chí Minh, Vietnam
Hours: 7:30 AM – 5:00 PM
Phone: +84-8-3995 1483
INTERNATIONAL BANK – VIB DISTRICT 3
Address: 361 Hai Bà Trưng, Phường 8, Quận 3, Hồ Chí Minh, Vietnam
Hours: 8:00 AM – 5:00 PM
Phone: +84-8-3820 9643

MoneyGram
SACOMBANK
Address: 234 Nguyen Trai St. Ward 3 Dist. 5 Ho Chi Minh City
Hours: 7:30 AM – 5:00 PM
Phone: +84-8-8380719
VIB BANK – CHAU VAN LIEM
Address: 9 Chau Van Liem Ward 14 District 5 Ho Chi Minh City
Hours: 8:00 AM – 4:00 PM
Phone: +84-8-9520767
EXIMBANK – AN LAC SUB-BRANCH
Address: 476-478 Kinh Duong Vuong St Binh Tan Dist Ho Chi Minh City, 70000
Hours: 7:30 AM – 5:00 PM
Phone: +84-8-7527991

Western Union
BAN VIET BANK PGD NGUYEN SON
Address: 35 Nguyen Son Tan Phu Distric Ho Chi Minh, Ho Chi Minh
Hours: 7:30 AM – 5:00 PM
Phone: +84-8-39761139
BIDV BINH THANH
Address: 15 Hoang Hoa Tham Phuong 6 Binh Thanh Quan Binh Thanh Ho Chi Minh, Ho Chi Minh 84
Hours: 7:30 AM – 5:00 PM
Phone: +84-8-73033136
BIDV CAT LAI SAI GON
Address: 97 99 Do Xuan Hop Phuoc Long B Quan 9 Ho Chi Minh, Ho Chi Minh 84
Hours: 7:30 AM – 4:30 PM
Phone: +84-8-37282916
WorldRemit
SACOMBANK@ HA NOI BRANCH
Address: 65, Phố Ngô Thì Nhậm, Quận Hai Bà Trưng, Hà Nội, Vietnam
Hours: 8:00 AM – 5:00 PM
Phone: +84-4-3943 7372
DONG A BANK HA DONG
Address: 643 Quang Trung, Phú La, Hà Đông Phú La Hà Đông Hà Nội, Vietnam
Hours: 8:00 AM – 5:00 PM
Phone: +84-4-3355 0962
QUANG ANH JSC
Address: 18 Nguyễn Ngọc Nại, Khương Mai, Thanh Xuân, Hà Nội, Vietnam
Hours: 8:00 AM – 5:30 PM
Phone: +84-4-3767 8976
MoneyGram
SAIGONBANK – #21 – DONG DA BRANCH
Address: 21 Hoang Cau St. Dong Da Dist. Ha Noi
Hours: 7:30 AM – 4:30 PM
Phone: +84-4-3537 5964
VIETCOMBANK – BUREAU NO 14
Address: Block CN 2 Dinh Cong New Urban Zone Ha Noi
Hours: 7:30 AM – 5:00 PM
Phone: +84-4-4640 2703
VIB BANK
Address: 1st Floor 381 Doi Can Cong Vi Ward Ba Dinh District Ha Noi
Hours: 8:00 AM – 4:00 PM
Phone: +84-4-32733583
Western Union
BAN VIET BANK PGD DONG DA
Address: 02 Vo Van Dung O Cho Dua Dong Da Distric Ha Noi, Ha Noi
Hours: 7:30 AM – 5:00 PM
Phone: +84-4-35738203
DNTN VB THANG THAM
Address: Khu Phu Lien Quan, Thi Tran Th Huyen Thach That Ha Noi, Ha Noi 10
Hours: 6:00 AM – 9:00 PM
Phone: +84-4-33683601
VP BANK TAY HA NOI
Address: Tang 1 Toa Nha Tay Ha, Duong T P.trung Van, Q.nam Tu Liem Ha Noi, Ha Noi
Hours: 7:30 AM – 5:00 PM
Phone: +84-4-6291051
WorldRemit
SACOMBANK Cần Thơ
Address: 95-97-99, Đường Võ Văn Tần, Phường Tân An, Quận Ninh Kiều, Cần Thơ, Vietnam
Hours: 9:00AM – 5:00 PM
Phone: +84-710-1503703
SACOMBANK PGD Ninh Kiều
Address: 168C, Ba Tháng Hai, Hưng Lợi, Ninh Kiều, Cần Thơ, Vietnam
Hours: 7:30 AM – 5:00 PM
Phone: +84-710-3740611
Ngân Hàng Sài Gòn Thương Tín (SACOMBANK) – Pgd Cái Khế
Address: 81 Trần Văn Khéo, Cái Khế, Ninh Kiều, Cần Thơ, Vietnam
Hours: 7:30 AM – 5:00 PM
Phone: +84-710-3761 687

MoneyGram
VIETCOMBANK – TRA NOC
Address: Tra Noc Industrial Zone Can Tho
Hours: 7:00 AM – 5:00 PM
Phone: +84-710-71841229
SAIGONBANK – #04 – CAN THO BRANCH
Address: 11 Lytu Trong St An Phu Ward Can Tho
Hours: 7:30 AM – 4:30 PM
Phone: +84-710-3826987
SACOMBANK
Address: 415-418 1A Highway Yen Ha Zone Le Binh Ward Cai Rang Dist. Can Tho
Hours: 7:30 AM – 5:00 PM
Phone: +84-710-3527537

Western Union
ABBANK PGD OMON
Address: 103 Ql91 Kv4 P Chau Van Liem Q Omo O Mon Can Tho, Can Tho
Hours: 7:00 AM – 5:30 PM
Phone: +84-710-3664790
BIDV TAY DO PGD O MON
Address: Kv11 Ql91 P Chau Van Liem Q O Mon Tp Can Tho Can Tho, Can Tho
Hours: 7:30 AM – 5:00 PM
Phone: +84-710-3860552
CTY TNHH MTV PHUC NGUYEN
Address: 101 B Kv Thoi Xuong Ii Thoi Lo Phuc Nguyen Can Tho, Can Tho 92
Hours: 6:00 AM – 9:00 PM
Phone: +84-710-3863145

Thank you for your feedback!

Adrienne Fuller

Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.

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How to send money to Vietnam

The safest and most cost-effective ways of sending money to friends and family in Vietnam.