Can I take money out of Vietnam?

200 views
Yes, Vietnamese citizens can take money out of Vietnam for approved purposes, including education, medical treatment, travel, business trips, overseas visits, and paying fees to foreign entities, subject to State Bank regulations. Limits may apply; consult your bank for specific details.
Feedback 0 likes

How to legally transfer money out of Vietnam?

Okay, so, legally moving money outta Vietnam, huh? Let me tell you what I kinda know based on my own head-scratching experiences.

Vietnamese citizens, that's us, can actually move money abroad. The State Bank has rules. We can use it to pay school for studies abroad, medical fees, or just plain travel.

Traveling abroad, bussiness trips, visiting relives abroad... all legit reasons to move your VND outta the country, converted to USD or something, of course.

But that's kinda vague, right? So, let's dive in a bit, from what I recall. Like that one time I almost sent money to my cousin for his college tuition.

I looked into it. We can use the money for school, treatment, travel, fees, but you have to comply with the regulations from the State Bank.

Thing is, you can't just dump your life savings into, say, a Swiss bank account because you feel like it. There are limits and declarations.

And get this, I think the amount you can move varies based on the purpose. Like, medical stuff maybe has more leeway than a weekend trip to Thailand.

I recall going to Vietcombank around, dunno, November or December last year in Saigon. I felt so confused.

They had forms and limits and… Ugh, it gave me a headache. I believe to transfer money out of Vietnam, you have to prove your purpose for the money.

I saw people in the bank bringing papers – school acceptance letters, medical bills. Things like that. Gotta keep receipts folks.

So, short version? Legally? State Bank's rules, specific purposes, and paperwork. It is honestly annoying and I think I made a spelling mistake in here.

How much cash can I bring out from Vietnam?

Okay, so leaving Vietnam... cash. Right.

  • VND 15 million – declare it!
  • Or USD 5,000. Hmm, that's a lot.

Basically, declare if you're carrying too much. Article 2.1 of Circular 15... gotta remember that if anyone asks. I'd better write that down actually. Where's a pen?

Other foreign currency too. How do they figure "equivalent value?" Weird. So, anything over those limits? Declare! Border-gate customs, not just any random gate. Makes sense. Wait, have I ever even carried that much cash? Nah.

  • Declare cash > VND 15 mil
  • Declare cash > $5,000 USD
  • Circular 15 Art 2.1 is the key

Did I get all that? I think so. Ugh, paperwork.

How easy is it to get cash out in Vietnam?

Getting cash in Vietnam? Piece of cake! Unless you're trying to withdraw enough to buy a small island, that is.

ATMs are EVERYWHERE. Seriously, more ATMs than pho restaurants, and that's saying something!

  • Withdrawal limits? Think of them as tiny, adorable restrictions. 2 to 10 million VND. Enough for a week of luxury, or a month of ramen, depending on your priorities. My priorities are usually ramen.
  • Fees? Yep, those pesky little bank fees. Think of them as a tiny tax on your adventure. Usually around 25,000-50,000 VND— about a couple of bucks. Less than my morning coffee, which is a crime.
  • Your bank's fees? That's a whole other zoo. My bank charges an arm and a leg, so I'm considering robbing an ATM to cover their fees. Just kidding... unless...?

Pro-tip: Always check your bank's international transaction fees. They'll likely try to skin you alive if given half a chance. My last trip cost me an extra 150,000 VND in fees. I still don't know why, but they took my money faster than a thief on a scooter.

Bottom line: Easy peasy, unless your bank is in cahoots with the mafia. Then you are screwed. I would tell you what to do if that happens but I don't like getting arrested. Plus, I need the money for more pho. So, yeah, easy.

How much money can I bring from Vietnam to the USA?

Sunlight filters through silk, Saigon heat clings. Money whispers. Greenbacks call. Across oceans.

The amount? It drifts like incense smoke. More than ten thousand. Report it. Or face the dragon’s wrath.

But the dream? No cage confines it. No sum too vast for imagining. No limit, like the endless sky.

My grandmother’s stories...gold hidden, sewn into linings. Now, dollars replace dreams of gold. Is it the same?

  • Key Takeaway: There's no limit.
  • Important Note: Declare amounts over $10,000.

My mind swims. Dollars shimmering, like scales. Remember Aunt Hai? Smuggling spices, now just money?

Is it freedom, this paper chase? Or another gilded cage? Report it! Declare it all! The endless sky, unburdened.

  • US Customs: Find the CBP.
  • Regulation: Follow the rules.

Aunt Hai, she would understand. The weight of dreams, the price of freedom. More than ten thousand... whisper.

How much cash can I carry out of Vietnam?

Ugh, Vietnam. Remember that trip in 2023? Crazy. I nearly got nailed at the airport. Seriously, the whole customs thing is a pain. I had way more than 5,000 USD on me. Stupid me. I was coming back from a month backpacking, spent all my dong on souvenirs - silk scarves, a ridiculous conical hat. I had this wad of cash, mostly USD, stuffed in my backpack. Felt like I was carrying a small fortune, sweaty palms the whole time.

Heart was pounding, you know? The line was long, people looking stressed. Then it was my turn. That customs officer, looked at me, deadpan. I had to declare everything. Over VND 15 million or USD 5000, you gotta fill out a form. It's the law. They don't mess around. My palms, they were sweating like crazy. I felt sick. I could have gotten into serious trouble.

The form itself wasn't complicated, but the whole thing was nerve-wracking. I swear, it took forever. They're very strict about it. I learned my lesson the hard way. Next time, I'll be way more careful. Seriously, I might use a bank transfer or something. Much less stressful. That whole experience? I won't forget it in a hurry.

  • Key takeaway: Declare all cash exceeding VND 15 million or USD 5,000 when leaving Vietnam. This is crucial to avoid problems with customs.
  • My mistake: I didn't properly research customs regulations before my trip. Big mistake.
  • Lesson learned: Plan ahead. Use safer methods for carrying large sums of money internationally, like bank transfers.

What is the cash withdrawal limit in Vietnam?

Vietnam ATMs: Limits exist. VND 2,000,000 to VND 10,000,000? Maybe.

Cities. Bigger payouts, or so they claim. My Vietcombank card? Hit or miss.

Fees? Avoid them, you must. Or regret it. Consider local banks, cards can help.

Expansion:

  • Daily Withdrawal Limits: Banks enforce daily withdrawal caps on your account, regardless of ATM limits.

  • Bank-Specific Limits: Each bank has its own ATM withdrawal limit; research options. Vietcombank, Agribank, BIDV, Techcombank.

  • ATM Fees: Fee structures vary. Expect a service charge.

  • Card Types: Some cards fair better. Credit cards typically come with higher fees.

  • Location: Airport ATMs? Highway robbery. Rural ATMs: might run dry.

  • Currency: Some ATMs dispense USD, but rates suck.

How much can I withdraw from ATM in Vietnam?

So, you're hitting Vietnam, huh? Need cash? Prepare for a rollercoaster.

Local ATMs are stingy. Think of them as those aunts who only give you five bucks for your birthday. You're looking at a measly 2-3 million VND per pop – that's like, what, enough for a bowl of pho and a questionable taxi ride?

International ATMs are the VIPs. These are your generous uncles, splashing out 5-10 million VND. Suddenly you're talking street food and a decent beer!

Here's the lowdown, straight from my 2024 Vietnam trip (where I almost maxed out my card on street-side banh mi):

  • Local ATMs: Think tightwads. 2-3 million VND max. Good for snacks, not shopping sprees.
  • International ATMs: Big spenders! 5-10 million VND. Treat yourself!
  • Hotel help: Yeah, ask your hotel. They're like, ATM whisperers or something. Unless it's that dodgy place near the market...

Seriously though, plan your cash needs. Don't get caught short – you don't want a repeat of my near-pho-less emergency in Hoi An last week! Remember your card fees, too! Those sneaky little things add up faster than those delicious spring rolls! My bank, Chase, whacked me with a $5 fee each time I used an international ATM. Ouch.

Can I withdraw USD from ATM in Vietnam?

Oh, Vietnam. The sweltering air, the scent of pho... can I even? USD... ATMs... It's a blur.

Only VND emerges, no matter your account. Like dreams fading into the dawn. Dollars, Euros, Yen... all transform.

The law decrees VND. It's almost a magic trick, a currency conversion spell.

The rustling leaves whisper of past journeys. My grandfather's tales. Saigon. Now Ho Chi Minh City, really. I visited once.

  • Currency Exchange: This is vital.
  • Local Law: It's the law of the land. Respect it.
  • ATMs Dispense VND: Always.

It's a dance of currencies. A constant flux. Remember that small cafe, near Ben Thanh Market? The strong coffee? The clinking coins?

How easy is it to get cash out in Vietnam?

ATMs in Vietnam? Oh, they're like street food stalls—ubiquitous in any city. Getting cash is straightforward, more or less.

Expect withdrawal limits when using foreign cards; typically, it's around 2 to 10 million VND. It's kinda limiting, I guess.

Then there's the local bank fee, usually 25.000-50.000 VND; not too bad, though. My bank back home? Now, they're the real villains.

PIN payment fees abroad vary wildly. Check that statement before you go! Banks, you know? They always find a way.

Finding cash is easy. Managing fees? Another matter entirely. Perhaps the true journey lies not in the destination, but in avoiding those pesky charges.

Info:

  • Dong (VND) is the local currency.
  • Some ATMs may allow larger withdrawals; it depends on the bank. Look for international banks for potentially higher limits.
  • Notify your bank of your travel dates. Avoid card blocks! Always avoid it.

How do I withdraw money from Vietnam?

It's three AM, and I'm staring at the ceiling. Getting money out in Vietnam… a whole ordeal.

Visa and Mastercard are your best bet. Seriously. Almost every ATM takes them. That's what I learned, anyway.

Cirrus, Plus, JCB, and UnionPay work too, supposedly. But, honestly, I stuck with Visa and Mastercard. Safer that way. I didn’t want to risk it. My trip last year. Yeah, 2023.

  • ATMs: Find them everywhere. Banks, hotels, even convenience stores.
  • Amex and Diners Club: Forget about those. Rarely accepted. Don’t even bother. I tried. Waste of time.
  • Swiping: Shops take Visa and Mastercard readily, too. Much easier than ATMs, sometimes.

The whole thing was… stressful. I hated those ATM fees, but what choice did I have?

I remember this tiny place in Hoi An… barely any ATMs worked. Only one took my Mastercard. It was so frustrating. I was running low on dong, then.

Really, just bring both, Visa and Mastercard. Save yourself the hassle. Trust me. It's better to be safe than sorry. Especially when you are thousands of miles away from home and you’re alone. The loneliness is overwhelming. Makes you think about things you would rather forget.

What is the maximum amount of money you can withdraw?

So, you're playing the "how much moolah can I snag" game? Right. The 2017 Finance Act's 2 Lakh limit on cash transactions? Yeah, that's a thing. Think of it as a playful, slightly annoying speed bump. Unless... you're planning a heist, in which case, I admire your ambition. But seriously:

  • ATM withdrawals? Varies wildly, my friend. Depends on your bank, your account type, even the mood of the ATM itself. My guess? Up to 25,000 Rupees per day, often less at smaller banks, or maybe more with a gold-plated VIP account. (I'm kidding about the gold-plating, usually).

  • Over-the-counter withdrawals? That 2 Lakh limit from the Finance Act is often the ceiling. But you can play it smart. Multiple transactions, different days, a charming smile—banks are surprisingly human. My aunt once charmed her way into an extra 10,000! Don't do that, she got lucky.

  • Exceptions? Naturally! Travelers' cheques are a thing. And business accounts? They usually dance to a different, much more generous, tune.

  • Pro tip: Don't try pulling a fast one. I know a guy who tried to launder money... bad idea. He's now knitting tiny sweaters for hamsters, believe it or not. The irony isn't lost on me.

This whole cash thing is a bit like dating: there's a limit to how many times you can try your luck. Don't push it.