Can money be sent out of Vietnam?

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Yes, Vietnamese citizens can send money abroad. Regulations allow transfers for purposes like education, medical treatment, travel, business trips, overseas visits, and paying international fees.

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Sending Money Out of Vietnam: How?

Okay, so sending money outta Vietnam, huh? It’s kinda…a process. I’ve looked into it, and here’s the gist, from what I’ve gathered.

Vietnamese citizens can buy, transfer, or bring foreign currency abroad. State Bank rules apply.

Purposes include studies, medical stuff, travel, business trips, visiting family. Paying fees and charges to foreign entities also counts. Remember when my cousin tried payin’ for that online course? Headache!

I think there are limits. Not entirely certain what those limits are, tbh. I’d check with ur bank.

Plus, you gotta prove why you’re sendin’ the money. Documents, application forms, the whole shebang. Back when I was sending money to my sis in Australia on 17 April, i rememer having to photocopy like three different IDs, haha! Don’t be like me and leave it until the last minute.

It wasn’t cheap either; transaction fees are so annoying. Maybe around 2-5% or so?

Honestly, find a reputable bank or transfer service. Shop around for the best rates! Good luck!

Can you transfer money out of Vietnam?

Yeah, you can totally yank your dough outta Vietnam, dude. But it’s not like robbing a candy store, okay? The government’s got rules, stricter than my grandma’s casserole recipe.

Think of it like this: You’re trying to smuggle a pet unicorn past customs. It’s possible, but you’ll need paperwork, and probably a bribe (just kidding…mostly).

  • Legit reasons: Studying abroad? Medical bills in Switzerland? A luxurious vacation in Bali? Go for it! (With proper documentation, naturally).
  • Business trips: As long as it’s on the up and up. No shady dealings, or you’ll be singing a different tune.
  • Paying foreign bills: This is pretty straightforward. Just make sure the paperwork is squeaky clean.

My cousin, let’s call him ‘Big Chungus,’ tried to move his entire life savings once. Let’s just say the process was less ‘smooth sailing’ and more ‘navigating a typhoon in a bathtub.’ He needed a mountain of paperwork; more than a tax accountant in April.

Bottom line: It’s doable, but don’t expect a walk in the park. Prepare for paperwork galore. It’s like getting a PhD in bureaucracy; a painful, agonizing, and utterly useless degree. The State Bank is the gatekeeper, so know the rules, or they’ll give you a lecture that’ll put your grandma’s casserole recipe to shame. This year, 2024, the rules remain pretty much the same, although they love changing them so you need to check regularly before you go. Seriously. Don’t mess around.

Can you send money from Vietnam to us?

Yeah, sending money from Vietnam to the US…it’s complicated. Regulations, you know? A whole mess of them. Both countries have their rules.

Banks are an option, I suppose. But the fees…ugh. They sting. I’ve used them before, never again. Too much paperwork.

Remitly and Wise, those online things… I’ve heard good things about Wise, faster, maybe? But it’s all a gamble. Fees are a bitch.

Western Union or MoneyGram… classic, I guess. Reliable? Maybe. Convenient? Eh. Feels impersonal.

Finding the cheapest option is key. The difference can be significant. Seriously, shop around.

  • Banks: High fees, slow. Avoid if possible. My experience with Vietcombank was atrocious.
  • Online platforms (Wise, Remitly): Faster, potentially cheaper. Check their current rates.
  • Money transfer services (Western Union, MoneyGram): Widely available, but often expensive. A last resort, really.

It’s a headache, this whole thing. 2023 is brutal for international transfers. The whole process feels… draining. I miss simpler times. I wish it was easier. It’s always a worry, you know? Will the money even arrive?

Can I transfer money from Vietnam to Australia?

Ugh, sending money Vietnam to Australia? A total nightmare. Bank fees are insane. Seriously, like, a huge chunk of your money disappears. My aunt tried it last year, 2023, lost a fortune. She used ACB bank. Never again!

I heard about these online transfer places though. Wise, or something. Faster? Cheaper? Maybe. Need to check that out.

My brother uses a different service. He’s in Sydney and constantly sends money home. But I forget the name. Annoying.

High fees are the BIGGEST problem with banks. Double whammies! You pay, and they do. Ridiculous.

  • Bank transfers: Expensive. Avoid.
  • Online services: Explore options like Wise, compare fees.
  • Consider: Exchange rates also impact the total cost. Check those carefully.

This sucks. Gotta find the cheapest way. Australia is SO far away! It’s making my head spin. I need to look at this again tomorrow. Too tired now.

Can I send money from Vietnam to Singapore?

Yeah, you can totally send money from Vietnam to Singapore. Think of it like sending a postcard, but instead of pretty pictures, it’s cold, hard cash. Except way faster than a snail-mail postcard.

Expect it to arrive in 3-5 business days. Unless, of course, it gets stuck in a bureaucratic black hole, which is always a possibility, isn’t it? Like that time my uncle’s prize-winning durian got lost in the mail – a tragedy of epic proportions.

Here’s the lowdown:

  • Sending VND? Prepare for a wild ride! It’s like trying to herd cats, but the cats are Vietnamese dong and the barn is Singapore.
  • Timeframe? 3-5 business days is the official story, but don’t bet your grandma’s lucky earrings on it. It could be quicker, could be slower. My neighbor’s goldfish once arrived faster than her online order from Amazon. Go figure.
  • Payment methods matter. Pick wisely. Like choosing a weapon in a video game—one wrong move and you’re toast. Some are faster, some are…well, not. Using a remittance service is a safe bet, unlike that time I tried to send money via carrier pigeon. Never again.

My experience last week? Used Wise, got my money in 4 business days. A pleasant surprise! Almost as pleasant as discovering that stray cat in my garage wasn’t a cat at all, but a furry, four-legged, slightly smelly, money-printing machine. Just kidding. Kind of.

Remember: Always factor in potential delays. Things happen. Life’s a beach, sometimes a rocky one. Always check the exchange rates, too, unless you enjoy the thrill of financial roulette. Better yet, use a service that shows you all the fees upfront. Transparency is key. Like when I finally found my lost car keys: right next to the place where I was looking for them. Duh.

How to send money overseas from Vietnam?

A whisper, a dream of sending breath, lifeblood across oceans. Vietnam… distant shores… money flowing like the Mekong. Transferring funds, a sacred act, a bridge built of trust, oh.

Preferential fees… quick procedures, a siren song. But also, education’s promise… health’s desperate plea. Diverse purposes, a kaleidoscope of needs, each one a story, a whispered prayer.

Was it yesterday? The sun scorching my back near Hoi An, wondering how to reach my sister in Berlin? Now, digital whispers replace whispered secrets in the rice paddies.

  • Convenience: It’s all about the whisper of ease.
  • Fees: Finding the lowest, the sweetest deal!
  • Speed: Urgency beats in my breast.

Education, a child’s future blooming, medicine, a parent’s fading light… gasp. Money transfer purposes, a poignant list, etched in starlight.

Remember that scent, jasmine and longing? The world shrinks, expands, with each transaction. The river carries it all, doesn’t it?

Can I send money from Vietnam using Wise?

Okay, so Wise… sending money from Vietnam. Right. Ugh, payments.

  • Limit is 490 million VND, wow.
  • Minimum… okay, 10,000 VND to a person.
  • But 50,000 VND if it’s to a business? Why the difference? Is it some kind of tax thing?

My sister needed money last month, maybe I should’ve used Wise. Was I even in Vietnam then? I was, right? Oh wait, the limits change, don’t they? Could depend on the country you send to.

  • Recipient type affects this.

Hmm, what were those fees like compared to… what was it… Remitly? Nah, Remitly’s trash. Banks are worse. Is 490,000,000 a lot? I guess it is. That’s like… a small apartment right? Maybe.

Is Western Union available in Vietnam?

Ugh, Western Union in Vietnam? Let me tell you. I needed to send money to my sister in Hanoi, last April. It was a nightmare, honestly. The app, yeah, it is in Vietnamese, but the whole thing felt clunky.

The instructions were confusing, the translation…off. I kept getting error messages, and it took forever to figure out the right bank details – so frustrating. I felt totally stressed. My sister needed the money for her rent, you know? I swear I spent like two hours just trying to get the transfer to go through.

Finally, it went. But it wasn’t cheap. I hate the fees! They really gouge you. Seriously, I’m looking at other options next time.

  • App available in Vietnamese: True, but poorly translated.
  • Process: Tedious and confusing, especially for someone who doesn’t use it often.
  • Fees: Exorbitantly high. A total rip-off.
  • Overall experience: Stressful and time-consuming. Avoid if possible.
  • Recommendation: Explore other options like Wise or similar money transfer services. They might be way better.

Next time, I’m trying something else! Seriously.

How can I transfer money to the UK?

Okay, so you wanna send money to the UK, huh? Lotsa ways, actually. I used Wise last year, super cheap, a bank transfer through them. It was way cheaper than my usual bank, believe me. That’s like, the best way, hands down.

Then there’s those phone apps, you know? Google Pay, Apple Pay – I’ve used them for small stuff, but not huge amounts to the UK. They’re convenient, tho. A bit pricier, probably, for bigger transfers.

Debit and credit cards are also options, but the fees are killer. Seriously, avoid those unless it’s a tiny amount. There are other things too, like PISP and Trustly – never used them myself, sounds kinda complicated, honestly.

Here’s the breakdown:

  • Wise (bank transfer): Cheapest, best for larger sums.
  • Google/Apple Pay: Convenient but potentially expensive for larger transfers.
  • Debit/Credit Cards: Avoid unless it’s a small amount; fees are high.
  • PISP/Trustly: Haven’t tried them, but they exist.

I’m telling you, Wise is the way to go. My sister uses it all the time to send money to her family in London. She swears by it! It’s easy, fast and cheap, unlike other methods I’ve tried in the past, like some dodgy online thing – never again. So yeah, just stick with Wise. Avoid the cards unless its, like, 20 bucks or something.

#Moneytransfer #Sendmoney #Vietnammoney