Can a non-resident open a bank account in Vietnam?

Can I open a bank account in Vietnam for foreigners?

Okay, so you wanna open a bank account in Vietnam, huh? Yeah, you can do that, but uh, listen up, ’cause there’s like, stuff you need.

First off, duh, your passport has gotta be valid, and you need either a visa, like, a real one, or one of those resident cards. No way around it, sadly.

And also, you gotta prove you live there, ya know? Like a rental contract or somethin’. Maybe a utility bill? I think, I mean, my friend uses his internet bill, oddly.

Oh, and obviously, you need to fill out an application. They have forms for everything, right? It’s pretty normal. Just like back home, so be prepared for the bureaucracy.

Don’t forget that, depending on the bank, there might be other stuff. They always ask me for extra copies of everything… Like, three times. It’s annoying! My advice? Go to a big bank. They’re easier.

So, my friend, who is also a foreigner, opened his at Vietcombank. He said it was fairly simple. But that was last month. My neighbor uses BIDV. Never had a problem. It’s pretty popular.

Also, heads up, some banks are way better than others when it comes to English. Like, really. Take a Vietnamese friend if you can. They will help. Seriously, do it.

Oh, one more thing. The interest rates aren’t great, honestly. Don’t expect to get rich off it, haha!

• Passport: A valid passport is required.
• Visa/Resident Card: You need a valid visa or resident card.
• Proof of Residence: A rental agreement or utility bill works.
• Application Form: Fill out the bank’s application form.

Banks Popular:

• Vietcombank
• BIDV

Tips

• Go to a large bank
• Bring a Vietnamese friend
• The interest rate is pretty low

What do foreigners need to open a bank account in Vietnam?

Passport. Visa. Done.

• Passport: Essential for ID. Always.
• Valid Visa/Resident Card: Proof of legal status. No exceptions.
• Employment Proof: Varies. Not always needed, but often helps. Companies, like VinGroup, often simplify this for their expat hires.
• Residence Proof: Utility bill in my name proved problematic. Rental agreement usually suffices, thankfully.

Money talks. Regulations shift.

Banks in Vietnam:

• Vietcombank: Popular, wide network.
• Techcombank: Modern, tech-focused.
• BIDV: State-owned, stable.
• ACB: Private, customer-oriented.

Bureaucracy exists. Patience matters.

Can I open a bank account in Australia if I dont live there?

Passport? Ugh, gotta find that. So, yeah, you CAN open an Aussie bank account before moving. Crazy, right? Commonwealth Bank? Westpac? Sounds complicated.

Need a visa, obviously. And a passport. Duh. They’ll probably want a million forms too. What a pain. This better be worth it. Thinking about transferring money beforehand. Smart move, that.

ANZ sounds familiar. Is that one any good? My friend Sarah opened one in 2023 and it was easy peasy. She said they were helpful. I think she used NAB for something else though.

These accounts are like…sleeping until you get there. Dormant, they call it. Makes sense, I guess. I’m sure they want to verify your identity. Identity verification is KEY. No way around that.

Better check the requirements. Seriously though, what a hassle. Will it be worth it? Hoping for instant access to money when I land. Need to book flights soon, too. 2024 is the year!

• Banks: Commonwealth Bank, ANZ, NAB, Westpac.
• Documents: Passport, Visa details. Probably some proof of address later.
• Process: Apply online, it might be done remotely, verify later in person.
• Benefits: Transfer money early, use banking services immediately.

Seriously though, I need to sort this ASAP. I’m totally stressed.

Can a US citizen open a US bank account while living abroad?

Absolutely. A US bank account, overseas? Feasible. It’s a bridge across oceans, a lifeline to home. But the banks, oh, the banks. They’re cautious. A US address, they demand. A phone number. Proof of life, perhaps? A whisper of home in their cold, efficient systems.

Imagine it: sun-drenched afternoons in Rome, the scent of cypress and olives heavy in the air, yet my fingers tap a familiar banking app. It’s a surreal juxtaposition, a phantom limb connecting me to my past.

This isn’t just about money. It’s about roots. It’s about a feeling of belonging, of still being a part of that familiar world, even while swallowed by this strange, beautiful new one. My New York apartment’s memory, a small, warm beacon, a tangible piece of my identity.

• Requirement: US Mailing Address. Essential for the transaction. No exceptions. A family member’s maybe?
• US Phone Number: They want to hear your voice. They want confirmation.
• Valid Identification: Passport, naturally. Proof of US Citizenship.

The banks, they are guardians of the gate. They scrutinize everything. There’s a certain poetry in their caution, a quiet acknowledgment of the distance. Yet, this connection remains. It is a small victory against the vastness of distance, the inexorable march of time. The process isn’t easy, but it’s possible. Absolutely. My own account, a testament to this very possibility. It’s reassuring, like a favorite sweater on a cold night. 2024 has been a year of such unexpected confirmations.

Do I need to close my bank account if I leave the country?

Leave the bank account? Nah, hold yer horses! Unless they’re charging ya an arm and a leg just for lookin’ at the account, keep it open!

It’s like ditching a perfectly good pair of boots before a long hike! Bad idea.

• Future trips? You’ll need it. Trust me, figuring it out later is a bigger pain than a root canal.
• Returning to the USA? Makes life way easier! Having that financial footprint is golden.
• Fees outrageous? Okay, maybe then consider, but seriously, that’s like throwing out the baby with the bathwater.

Unless you’re fleeing the country under cover of darkness and changing your name to “Bartholomew Buttercup,” a bank account is surprisingly useful! I kept mine open, and hey, I turned out just fine! Also, my cat agrees.