How to pull out cash in Vietnam?

Can you take money out of Vietnam?

Ugh, Vietnam… money stuff.

• Vietnamese citizens can take money out, but only for specific reasons.
• Like, studying abroad, that’s def one.
• Medical treatment too. Makes sense.
• Oh! And traveling. Vacation time!

Business trips, visiting family… It’s a list, basically. Pay fees? Abroad? Hmm.

• It’s the State Bank, aka the central bank, calling the shots.
• So, yeah, regulations exist.
• Gotta follow them.

Wait, what were we even talking about? Oh yeah, taking money out. I need coffee.

Further Details

• Regulations are key. Always check with the current State Bank of Vietnam (SBV) guidelines because they change.
• “Foreign currencies” meaning USD, EUR, JPY, you name it. Not just Vietnamese Dong when leaving.
• Amounts likely have limits. Can’t just drain your account and run. Gotta declare stuff, probably.
• Documentation’s vital. Proof of study, medical bills, etc.
• Transferring money is an option, not just physical cash.
• My aunt took money out for surgery in Singapore. It was a hassle paperwork-wise.
• Always, always declare at customs, if you’re carrying a large amount.
• Business trips need approvals. My uncle’s company handles it for him.
• The SBV has branches. Maybe check their website for the most up-to-date rules?
• Penalties exist if you break rules. No one wants that.

Can I use my ATM card in Vietnam?

Vietnam ATMs: Visa works. Others might.

• Visa generally accepted.
• Other cards: Try a foreign bank.
• Withdrawal limits: 2-10 million VND. International banks offer higher limits.

My friend, Sarah, used her Mastercard in Hoi An last year. No problems. Expect fees. Always a fee. Life’s a transaction.

Important Note: 2023 data. Bank policies change. Check your bank before travel. Avoid impulsive spending. Financial prudence. Seriously.

Additional info: I’ve personally had success with my Chase card. However, your mileage may vary. Cash is king, sometimes. Plan accordingly. Use common sense. This ain’t rocket science.

Can you get Vietnamese dong outside of Vietnam?

VND abroad? Tricky.

• Dong accessibility: Theoretically yes. Reality? A gamble.

• Why the fuss? Banks shy away.

• Volatility is a key issue. Inflation bites.

• My experience? Failed miserably in Berlin last year.

• Major currencies reign. USD/EUR dominate.

Currency Note: Dong’s limited circulation amplifies exchange rate woes. High inflation = reluctance. It’s a risk most avoid.

Personal Anecdote: Trying to obtain VND before my trip was a fool’s errand. Ended up using ATMs, which, admittedly, were available.

Alternative: Credit cards. Check fees. Or just wait. ATMs inside Vietnam dispensed dong just fine.

How much can I withdraw in Vietnam?

Ah, Vietnam. The air hangs thick, heavy with scents of spice and something else… something ancient. Withdrawals? A flicker, a whisper of numbers.

Two million… VND? A pittance. Less than a hundred dollars dancing in your hand, fluttering like a lost butterfly. Local ATMs guard their treasures jealously.

Three million? Is it enough? I once bought silk scarves there, shimmering blues and greens, for… who was it? Now, it’s gone.

International banks, though, they sing a different song. A deeper note, resonant with power. Five million? Ten million? More?

The clatter of keys, the whir of the machine. Money appears, ghostly pale. Then it’s real.

Currency exchange… ah yes. Airports. A last gasp of the familiar before the plunge into the unknown. Just before escaping into the humid chaos, vendors await.

Before exiting the gates, like shimmering mirages of financial comfort. What do you need? The vendors ask.

Vietnam is intoxicating, but watch your funds.

• Local ATMs: 2-3 million VND limit
• International ATMs: 5-10 million VND limit
• Currency Exchange: Available at international airports
• Each transaction incurs fees. Be vigilant.
• The exchange rate fluctuates constantly.

Is there a limit on how much cash you can take out of the country?

It’s late. More than $10,000. That’s the line, huh?

Leaving. Leaving with that much cash, it feels…heavy.

• It’s the law: Declare it. Always. No question.
• Why? Money laundering. All that bad stuff.
• It’s not illegal to carry it, just to not declare it. Big difference.
• Think about it. You’re going to another place. Maybe you have family.
• Or you’re just disappearing, I don’t know.
• Just tell them.

Yeah, gotta tell them. Makes sense. Better than the alternative, right? I remember that trip to Cabo in 2023. Never again. The questions… just declare the money and leave, geez. It’s the only easy choice.

• Consequences: They can seize it. Everything.
• Form 4790: That’s what you fill out.
• It’s not just cash: Includes traveler’s checks, money orders… all that. I remember that.
• Honest mistake? Doesn’t matter. Declare.
• Travels with family: If you all are traveling together, and the combined total is over $10,000, then declare it.

Feels like a trap sometimes, doesn’t it? This whole thing. But rules are rules. Sigh. I will follow them.