Where is best to exchange money in Vietnam?

Which bank is best for currency exchange in Vietnam?

Vietcombank’s pretty solid, especially in urban areas. They have ATMs everywhere. My friend Linh swears by them. BIDV also has a massive network, convenient if you’re traveling. Remember ATM fees though. Those can add up. What’s the point of a good exchange rate if fees eat your profit?

• Vietcombank: Ubiquitous ATMs, good for city dwellers.
• BIDV: Extensive network, good for travel.
• Vietinbank: Reliable, but fewer locations than the other two.
• Agribank: Mostly rural focus. Not the best choice for tourists.

Exchange rates fluctuate. Check online before you go. Don’t exchange at airports. They have terrible rates. Really a rip-off. I lost a chunk of change at Noi Bai International once. Learned my lesson there. Better to get some Vietnamese Dong upon arrival and then hit a bank. Small gold shops can offer competitive rates too. But riskier. Stick to banks for safety. Peace of mind is priceless. Or, is it? Everything has a price, huh?

• Avoid airport exchanges. Predatory rates.
• Consider gold shops. Competitive but carry some risk.
• Prioritize bank exchanges. Safer, more reliable.

Bank hours are typically 8 AM to 4 PM weekdays. Some are open Saturday mornings. These hours can change. Always double-check. Websites are your friend. Don’t get stuck needing cash and finding a closed bank. Happened to me in Hue. Not fun. Had to rely on the kindness of strangers. Which was fine, actually. Makes you think about trust. Anyway. Be prepared. Do your research.

Where is the best place to exchange currency rates?

ATMs. Best currency exchange. Period.

Visiting ATMs yield superior rates. Simple math. Forget the rest.

• ATMs: Bank machines reign supreme.
• Avoid: Exchange booths are predators.
• Fees: Watch for hidden charges. Banks rarely disclose, sneaky, yes.
• Cards: Debit trumps credit; lower cash fees. My card tho, locked. Again.
• Location: Bank-affiliated ATMs safest. My experience, always.
• Example: Europe trip. ATMs best. Always was.
• Rate Alert: Big banks use interbank exchange rates.

More Details:

Banks: Some banks offer better rates but require accounts. Skip. Too much hassle. Chase Sapphire? Eh.

Online Exchanges: Can be good but shipping eats profit. I tried it. Didn’t like.

Credit cards: Foreign transaction fees are everywhere. 3% feels like robbery, doesn’t it?

My Tip: Always carry some local currency. Cab ride from airport, inevitable. I know. Trust.

What is the best bank to exchange money in Vietnam?

Vietcombank. Sharp rates. Reliable.

VP Bank – decent option. Avoid smaller exchangers.

BIDV – Okay, but check rates carefully. Locations matter. My experience: subpar exchange at their Hanoi branch in 2023.

Techcombank – convenient, but fees sting. Use only if near a branch.

Consider: Exchange bureaus offer competitive rates. But riskier. Always compare rates.

• Avoid: Unlicensed money changers. Theft risk.
• Verify: Exchange rates before committing. Avoid impulsive trades.
• My Tip: Use reputable banks downtown. Avoid tourist traps.
• 2023 Update: Vietcombank consistently topped my list.

What is the best way to get cash in Vietnam?

Hanoi, sweltering July 2023. Needed cash. Bad. My Agribank card? Useless. Tried it at a shiny new ATM. Nope. Blocked. Panic rising. Sun beating down. Soaked with sweat. Finally found a Vietcombank. Worked! Got my Dong. Felt like winning the lottery. Fee was high though. Ouch. Should have used my Wise card. Stupid.

• Vietcombank ATMs seemed reliable. Lots of them around.
• Agribank debit card? Disaster. Total fail.
• Wise card is best for Vietnam. Lower fees. Learned that the hard way.
• Airport ATMs? Rip-off. Never again.
• Always get Dong, not dollars. Better rates.

Hot tip: Techcombank ATMs sometimes work with foreign cards. Worth a shot if desperate. My friend Sarah used hers there last week. No problem. I was jealous.