Money Exchange and Banking EXPLAINED Saigon Vietnam
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- เผยแพร่เมื่อ 26 ก.ย. 2024
- vietcom bank
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Do they not have ATM machines everywhere? If so, is it not safer and easier just use the ATM machine to withdraw local currency?
Hi there!
I'm an online English teacher and I'm excited to be working with some students in Vietnam. I'm currently exploring the best payment platform to receive lesson fees.
I was wondering if you have any thoughts on using local money agents in Vietnam. While it might be an option, I'm also open to hearing about other secure and efficient payment methods that work well for both Vietnamese students and international tutors like myself.
I did some research and i discovered that some payment platforms are not accessible in Vietnam which is a little bit of a problem. Please what do you suggest? Thank you.
Bro, I was in Vietnam for almost 1 year in 2019 - 2020 and Ha Tam jewelry was the one that had like 30-40 people waiting in line.. Mai Van only had a few people there.. I was going to Ha Tam every few weeks.
They're practically the same, so I go to Mai Van when in a rush. I usually go to Ha Tam myself.
Is Revolut worth there?
Do Mai Van have better exchange rate then in UK? Should I just take GBP from England to HCM and exchange at Mai Van?
Just got a bank account this year, been here many times and brought cash with no problems, you have to be able to manage your money well, never lost any money, but I would not recommend to others. Exchange money at local jewelry stores.
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Anyone got any suggestions on what card to use for an Australian, I was going in October was just gonna bring 4K Aus and exchange over there, em I better to use a card ?
THANK YOU for the info and tips. I will be traveling there in 2 weeks. Super excited about the trip but a little apprehensive about how things work there. So THANK YOU for sharing this video!
Glad it was helpful!
How much is the exchange rate at the bank? How much is the exchange rate at the jewelry store?
banks are lower
Basically, have a bank card that has a bank in Vietnam. And then, use those foreign currencies, and exchange it here in these places for the local currency. So use your foreign card as a credit card. Then use this bank as a local debit card account, and exchange as you need it. I think that is best.
For example......this Feb 2024.
Official exchange rate was about 24,600 VND to $1 USD.
But I got 25,000 VND to $1 USD at a Hanoi Airport (Exchange).
Inside Hanoi (old town-tourist area) I got 25,500 VND to $1 USD.
A Na Trang jewelry store also gave me 25,500 VND to $1 USD.
By the time I got to Saigon I was getting 25,200 to $1 USD.
Sorry, but I didn't use the Bank this trip.
Xin Chao! Since you mentioned Fidelity, have you tried using their debit card to withdraw cash at the ATM? Do you know the total transaction fee that Fidelity and the ATM bank charge? Thank you much!
I used Mai Vân when I was there in October. I would add that there was a big queue spilling onto the road, with scooters only just missing me. As I waited in the queue had to put up with touts as well. I miss it.
Is it possible to exchange from euro to dollars ?
Mai Van , it is connected to the Agribank ? So they do the gold spot prices ?? Wow..... this is so old and traditional.
Yep
Is possible to change Canadian dollar?
Man thanks for this info my man
I need this info and much appreciated it Chris
Mai Van and Ha Tam were not giving the best rates about two weeks ago. Kim Huy Jewelry along the street were giving a better rate. Best to shop around. Also depends on how much you are changing.
Btw.. have you used Remitly for transfers?
I still don't get why people would even want to bring a thousand dollars cash over? Every time I've gone I just use my Schwab debit card to draw cash out of any ATM as I need it.
And by the way, I do not see in the description where you listed the bank where you can get a checking account on an e Visa.
Thanks
the name of the bank mate
I will be in HCMC and Hanoi from November 7th to the 15th do you think $2000 usd will be enough?
Yep
I will be there Friday!
I saw Ally online banking accounts charge no foreign transaction fees...
What bank can you open a bank account with and get a debit card on an Evisa?
Check description
32,800 Viatnemese dong =£1 good rate ATM
I have tried 4 different banks whilst on 30 day evisa , 4 times I was told no
Are you saying your getting a job
@@fatandbroke No not at all but hopefully now I have my 5 year visa exemption I will be allowed to open an account here at last.
@@rickyramone1350 yep u should have no problem with exemption
@@fatandbroke When looking into VN banks previously I know there was on which there app was also in English but can’t remember now which one it was ..
@@rickyramone1350 vib
Do you need passport to exchange money?
Banks, jewelry stores and exchanges...... might just ask to see your passport. Whatever. IMHO, it's not a big deal to me. Rrrright.........assuming that your money is NOT..... "DIRTY". LOL. But then, SOME (jewelry stores) won't even bother. They just wanna make money.
Thank you for the update
No problem !
I used the Citibank ATM at the Central Park. Was allowed 6.6Million per transaction for $3. Now in Da Nang I can only 2Million per transaction. I’ve spent £1000 in a fortnight but I have gone full tourist 😂 for instance … I set up Grab on my phone and paid cash (with a tip) then noticed I was paying direct out of bank as well 😂😂
I could only withdraw max 3 million from the Vietnamese atm and they charged like $2-3 dollars…my bank in the US also charge another $5 fee 😔
OhmyGod …. Tro Oi 😆😆
@@xdgs567z I no longer worry about the fees. Because, I use my Charles Schwab card/account. They refund the fees to me at the end of the month. That being said.....YES, some VN banks have a very small daily limit(s) when withdrawing money from their ATMs. I've found that it's the same, for when traveling in Thailand.
And YES.....the wait at the VN Bank (exchanging cash) can be a PIA.
Chris, how in the world do people live in a country
like Vietnam with all those millions of motorcycles and cars
honking and shit. It seems so chaotic and dangerous.
I've never been to Vietnam and by the look of it,
I don't think want to go there. But if you are happy there, I
am happy for you man!! Peace~
It's the way things are done here you get used to it and it's not nearly that bad once your here
It's annoying as hell. Tolerating it and getting used to it are two diametrically opposed concepts. If you try to do any audio or video with audio soundtrack recordings it will frustrate the hell out of you. Even the less populated areas do it. Horns are likened to flashing high beams or using turn signals in the West. It's just something you have to accept when you go to VN. (Thailand has much less of it.) Notwithstanding the aforementioned, I love Vietnam and hope to return soon...2023 I hope. My love for Thailand and Japan are on par, with different likes and dislikes respectively.
7.15 is it one of the constructed metro station stop? Damm! I‘m heartedly looking forward to the day this bloody metro works😅😅😅😅!
Shot a video on the metro today
When I went in summer jewelry stores gave me the best rate. Gave me slightly over what Google said I should get. Also they only accept new hundred dollar bills
24580 just now . . . not good for VND earners
The difference among jewelry shops is negligible, it's not worth it to shop around. What's important is their rates are always higher than banks or whatever an app tells you. Also, they'll exchange any bills but will give you a lower rate for old/crumpled or lower denomination ones. From experience, Vietcombank and Timo/Viet Capital have the strictest rules for foreigners; VP Bank is relatively lax.
Any exchange shop nearby airport?
@@akshayp8293 not that I know of. But what you can do is exchange, let's say, just $100 first at the airport then go to a jewelry shop after you've settled in.
What’s exchange rate at Mai Vân?
there used to be a window outside of bu vien street citibank charges 0% spread.
Good tips, I was in Vietnam 3 weeks ago…wish I would had this video beforehand
Thanks
TRC??!
Bring $100 notes or you will get lower exhange rate.
Yup.....NEW BILLs are preferred. Without a folding crease or flaw or writing on it.
Chris, great video....ty!
I usually exchange in my home country… about 10 million for a good nest. After that it’s all ATM. And yes, it is true, you spend more when you always have cash in your wallet
Very good video , i like Agri-bank ATM they only charge 22,000 for a withdrawal , but has a limit on how much you can take out , using a Visa debit
Good Live Stream last Night…Still Top G…Saigon, Vietnam 🇻🇳 😅
Do you need to show your passport to exchange money at the gold shops?
thanks for the info Chris! what about citibank to do banking ie atm withdraw limit/day? last time I exchange at bank, I stay almost 2hours.....and I was by myself! they are so slow.
Hello Chris 👋
I have A question for you.
When I go into Vietnam from the United State. With my JCmorgan Chase Visa Debit card.Can I withdraw cash 💰 in Vietnam?
Yep gonna be fees Tho. Charles swab is reccomended. Plus it's a better bank anyways no fees
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