WorldRemit International Money Transfers
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- Low upfront fees and exchange rates.
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- Get cash to family and friends in minutes.
Compare money transfer services to Vietnam
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.
With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:
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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 U.S. 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 Xoom, 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.
Henry needs to send $1,000 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 USD = $21,315.9209 VND | $1 USD = $21,980 VND |
| Transfer fee | $5 | $3 |
| Transfer method | Bank account deposit | Bank account deposit |
| Processing time | 4 business days | 4 business days |
| Amount received (in VND) | $21,315,920.90 | $21,980,000 VND |
As you can see, Henry’s parents will receive $664,079.10 dongs more if he sends his funds with the second transfer company.
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?
Currency exchange rate for Vietnam
How to send money to Vietnam from America
- 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 Vietban
- Register with your provider on their website supplying your name, address, contact information and date of birth. A valid photo ID 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.
Back to topTips 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
Ho Chi Minh City
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
Ha Noi
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
Can Tho
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
