How to send money to Vietnam
Learn how to transfer money to Vietnam with the best rate in a few easy steps
1. Check the VND mid-market rate against your sending currency
Even though the evolution of the exchange rate is fluctuating, it never hurts to monitor it to optimize how much the recipient of your transfer will receive. Keep an eye on the evolution of the Vietnamese Dong mid-market and convert your money when the mid-market rate is close to its highest level of the last few days.
2. Select the optimal deal by comparing all money transfer companies.
We compare quite a few companies offering money transfer services to Vietnam, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Picking the best provider from the list is the best way to save on costs.
3. Choose the best service for your personal needs
Do you need to make a transfer to Vietnam with the best exchange rate and lowest fees, with the highest speed of transfer or with the best rated provider?
In addition, you may want to pay attention to the options to pay for the transfer and receive the money. Local bank transfer, debit and/or credit cards are the most common payment options to send money to Vietnam online. On the recipient's side in Vietnam, choose if you need the converted amount to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your transaction with the company you selected
Go to the provider's homepage to go through the sign-up process - be aware you will often need to upload an offical ID and/or a proof of adress - and set upyour transfer to Vietnam.