What are the charges for withdrawing cash from ATM?

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ATM withdrawal fees in Vietnam vary. Some banks, like TPBank and VPBank, offer free withdrawals. Others, like Agribank, charge a flat fee (e.g., 22,000 VND). BIDV charges a percentage (3%) of the withdrawal amount. Withdrawal limits typically range from 3,000,000 to 5,000,000 VND per transaction. Check with your specific bank for their exact fees and limits.

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ATM Cash Withdrawal Fees: What Are the Costs?

Okay, here’s my take on ATM fees in Vietnam, kinda off the top of my head:

So, ATM withdrawal fees in Vietnam, huh? It’s a mixed bag, honestly. Some banks nail ya, others are cool.

From experience, BIDV will charge you around 3% of your withdrawal. That’s not nothing. Limit’s like 3,000,000 VND, I recall.

Agribank? Think they dinged me 22,000 VND (something like $1) once. Also a 3,000,000 VND limit. I’m sure I got stuck paying this around Hoan Kiem Lake when all I had was a US card. Ugh.

But then you get the good guys. TPBank and VPBank.

I remember (vaguely lol) using their ATMs. They didn’t charge any fees. Plus, you could grab up to 5,000,000 VND. That’s a decent amount for traveling.

Basically, TPBank & VPBank: FREE. 5,000,000 VND limit. That’s gold right there. So yeah, those are great choices.

Of course, this is just from what I remember. Always good to double-check, cause, banks like changing things. This info based on my experience around Hanoi in say, 2022-2023. Prices may vary. Always look before you withdraw.

How much is an ATM withdrawal fee?

Ugh, ATM fees. Seriously, 30,000 to 55,000 VND? That’s highway robbery! My bank, Vietcombank, I think it’s more, right? I swear I saw a higher number last time. Maybe it depends on where you are too? Do they charge more in tourist areas? Should I check my recent transactions again? It’s such a ripoff.

  • Vietcombank fees – investigate further. Need to check my statements. Annoying.
  • Location matters. City center probably more expensive. Makes sense, doesn’t it?
  • Hidden fees. Those warnings are so vague. They should be upfront.

Okay, so the range is like, 30K-55K, but way higher sometimes. Like, what’s the deal? I use my Techcombank card sometimes and I thought it was lower. Or was it? My memory is terrible. I should be more careful tracking this. This is ridiculous! Need to find a better bank, or at least compare charges carefully. Why are these fees so inconsistent? So frustrating. Next time, I’m bringing more cash.

What are ATM withdrawal charges?

ATM fees: 7000 VND per transaction. Bank eats that cost. My last withdrawal? Painless.

  • Infrastructure: That’s the bank’s problem.
  • Maintenance: Their issue, not yours. Unless… you broke it.

Hidden fees? Doubtful. Check your statement. 2024 rates. Vietnam only. My experience.

Is there a fee to withdraw money from an ATM?

It just… depends.

I hate that answer, but its true.

ATM fees… a reminder that nothing is free. I remember needing cash in Berlin. My bank didn’t charge, but the ATM itself? Ouch.

It’s a gamble. You check the screen… sometimes too late.

  • Bank Matters: Big banks usually let you withdraw fee-free at their own ATMs.
  • ATM Operators: The ones in convenience stores? Yeah, expect charges. They gotta make money somehow.
  • Card’s Role: Debit cards can be tricky. Credit cards? Huge fees often. I learned that the hard way.
  • Foreign Withdrawals: Ugh. Local currency is key. Avoid the ATM’s conversion rate at all costs. My Wise card mostly works now for this. Learned it in Spain. Cost me 50 Euros.
  • Look Around: Are there other ATMs nearby? A bank-owned one? Don’t settle for the first one you see.
  • Reading Fine Print: Small screens are always hard to read. I squint. Fees are listed there, usually.
  • Withdrawal Amount: Sometimes smaller withdrawals have higher fees. It’s all about the percentages, man.

It’s always this surprise waiting. You think you’re doing ok and then BAM. Fee.

Why does my bank charge an ATM fee?

Access. Costs. Inevitable.

It’s about access to cash. They charge.

  • Out-of-network ATMs. A fee, always.
  • The ATM’s operator also demands its cut. Double dip.
  • Maintaining those machines isn’t free. Someone pays.

My bank? Profiteers. Always have been.

Consider this: convenience costs, friend.

Those fees pay for more than just the ATMs. Think about the systems, the security. Who’s checking them to make sure they are safe? It’s never a free lunch, is it? My overdrafts are a good example, sadly. A valuable lesson. They got me.

How to withdraw from ATM without a fee?

Sunlight on the keypad. Cool metal. My bank’s ATM, corner of Bleecker and Mercer. 2023. Free. Always free. The whir. Counting. Crisp bills. Remember the sound. Remember the feel. Bleecker and Mercer. Banks ATM. No fee. Find your bank. Use their machine. Free.

  • Your bank’s ATM network: Free withdrawals.
  • ATM locator: Essential tool. (Mine’s on my phone. App.)
  • Other banks’ ATMs: Fees. (Sometimes high. Avoid.)
  • Bleecker and Mercer. (My spot. Downtown. Sunlight.)

My bank? Chase. Their app. Blue icon. Find the nearest ATM. Any city. Always free. The whir. The count. Money in hand. No fee. Just the sun. Bleecker. Mercer. 2023. Free.

#Atmfees #Cashcharges #Withdrawal