What is the cash withdrawal limit in Vietnam?

Navigating Cash Withdrawals in Vietnam: Understanding Limits and Tips

When traveling to Vietnam, it’s essential to be aware of the cash withdrawal limits to avoid any inconvenience during your stay. For your ease, we have compiled helpful information regarding cash withdrawals in Vietnam.

Cash Withdrawal Limits

In Vietnam, cash withdrawals are subject to daily and per-transaction limits. These limits vary depending on the type of ATM being used:

• Local Bank ATMs: Local bank ATMs typically have a lower withdrawal limit, usually around 2-3 million Vietnamese Dong (VND) per transaction.
• International Bank ATMs: International bank ATMs, such as those operated by Visa or Mastercard, offer higher withdrawal limits, ranging from 5-10 million VND per transaction.

Tips for Finding an ATM

• Your hotel can provide you with a list of nearby ATMs.
• Look for ATMs in well-lit and safe locations.
• Be cautious of ATMs that require a PIN change or offer suspiciously high withdrawal limits.
• Inform your bank about your travel plans to avoid card blocking due to unusual activity.

Additional Considerations

• Some ATMs may charge a fee for cash withdrawals. Ensure you check the fee schedule before completing a transaction.
• It’s recommended to carry a combination of cash and credit cards for flexibility and security.
• Exchange rates at ATMs may vary from the official rate, so it’s wise to compare rates before making a withdrawal.

By understanding the cash withdrawal limits and following these tips, you can ensure smooth and convenient access to cash during your stay in Vietnam. Remember to prioritize safety and be mindful of the potential for ATM fraud.