How to send money to Vietnam
Discover how to make a money transfer to Vietnam with the best exchange rate with these 4 steps
1. Make sure the Vietnamese Dong mid-market rate is interesting
Making your transfer on a day where the exchange rate is favorable is a good way to optimize your transfer. You can subscribe to our smart alerts to frequently check the evolution of the mid-market.
2. Compare the 13 money transfer providers available for transfers to Vietnam and find the best one.
Monito's comparison engine lists quite a few services able to send money to Vietnam, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. You can save a lot of money by comparing all your options to find the best option for your transfer.
3. Pick the best service for your specific needs
Do you want to transfer money to Vietnam at the lowest cost, with the fastest option or with the best rated provider?
In addition, you may want to consider the pay-in and pay-out options. Most of the time you'll have money transfer providers giving you the option to transfer the money directly from your bank account, some will also accept cards. At the other end, in Vietnam, you often have to decide if you want the money to be transferred to your recipient's account or be available for cash pick-up.
4. Sign up and start your transfer with the service you selected
Now, simply register on the money transfer provider's website - be ready to provide a copy of your ID and/or a proof of adress - and set upyour transfer.