What is the best way to get cash in Vietnam?

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Getting cash in Vietnam:

  • Local Currency: Always pay in Vietnamese Dong (VND).
  • Avoid Airport ATMs: High fees are common.
  • Partner Banks: Check if your bank has Vietnamese partners for lower fees.
  • Fee-Free Card: Use a credit or debit card with no foreign transaction fees.

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Best Ways to Get Cash in Vietnam?

Okay, so getting cash in Vietnam, huh? Let me tell ya, navigating foreign ATMs is always…an adventure. Trust me, I’ve been there, done that.

Choose to pay in the local currency (VND).

I learned the hard way in Hanoi (03/2023). ATM at the airport? HUGE mistake. Fees were insane. Seriously felt like I was getting robbed blind. Think it was at least 100,000 VND just to withdraw. Highway robbery, I’m telling ya.

Avoid ATMs at airports.

So, do yourself a favor: see if your bank back home plays nice with any Vietnamese banks. That can seriously cut down on fees. I wish I would’ve checked that first. Coulda saved myself a fortune, prolly.

See if your bank has partner banks in Vietnam.

And find a card that doesn’t charge you an arm and a leg for using it overseas! There are some good ones out there. I switched to one before my trip to Ha Long Bay in July. Seriously made a difference.

Choose a fee-free card.

Remember that one time (not gonna specify date or location to protect me anonymity, LOL) I got hit with like, a $30 international fee?! Never again. Just…ugh. Still makes me cringe thinking about it. So, yeah, plan ahead, people!

Where is best to exchange money in Vietnam?

Banks. Vietcombank. Done. Safe. Gold shops. Hanoi. Hidden gem. Rates fluctuate. Check. Airports? Robbery.

  • Banks: Secure, but unexciting. Vietcombank, VP Bank, BIDV… predictable.
  • Gold shops: Better rates. Haggle. Hanoi’s Old Quarter. A real find.
  • Airports: Nope. Predatory rates. Seriously.

Don’t trust street exchangers. Sketchy. My cousin got ripped off near Ben Thanh Market, 2024. Remember that. Rates change constantly. Be sharp. Download a currency converter app. XE Currency. My go-to. Always.

Which bank is good for international transactions?

HDFC Bank: Excellent for import/export. Competitive Forex rates. EEFC accounts simplify things. Ideal for medium-to-large businesses. My experience? Smooth sailing.

ICICI Bank: Comprehensive trade services. That’s it.

Key Features:

  • HDFC Bank: Strong Forex, EEFC accounts. My 2024 transactions were flawless.
  • ICICI Bank: Wide service range. Less personal experience. Check their current rates online.

Additional Notes (for my records):

  • Contacted HDFC in March 2024 re: a specific issue. Resolved swiftly.
  • ICICI’s online platform sometimes lags; annoying.
  • Consider your specific needs. Don’t just trust my word.
  • Always compare current rates from multiple banks.
  • Bank fees can vary wildly.

Where is the best place to exchange money in Vietnam?

Which is the best FX bank in Vietnam?

Ugh, choosing a bank in Vietnam, right? Vietcombank’s okay, I guess. Big name, everyone uses it. But are their rates actually competitive? I need to check their website again. So annoying.

ACB. Heard good things, but maybe too many fees? I’m really worried about hidden charges. My friend swore by Techcombank last year, though that’s a bit outdated, isn’t it? Everything changes so fast!

Need to compare fees! This is the crucial part. Transaction volume matters, I know. What was my last transaction amount again? I should write it down. Really need to.

  • Vietcombank: Wide network, but verify fees!
  • ACB: Reputation is good, but investigate fee structure carefully!
  • Techcombank: Check for updated 2024 rates. Maybe they’re still awesome.

Seriously, I hate this. So much research. And the currency pairs thing… USD/VND is my main one, but what about GBP? Do I even need GBP? Maybe I should just stick with Vietcombank for simplicity? Argh! I’m going to grab coffee. Need to clear my head.

#Bestwaycash #Cashvietnam #Vietnammoney