How to send money to Vietnam
Learn how to make a money transfer to Vietnam at the lowest cost in a few easy steps
1. Check the VND mid-market rate against your sending currency
Sending money on the right day can help you save money. Keep an eye on the evolution of the Vietnamese Dong mid-market and send the money when the mid-market rate is close to its highest level of the last few days.
2. Select the optimal deal by comparing the available options.
Monito lists quite a few providers to transfer money to Vietnam, such as TransferWise, Western Union, MoneyGram, OFX, Xendpay. Selecting the best provider from the list is a sure way to save on costs.
3. Pick the best provider for your transfer
Are you looking for the money transfer company with the most competitive pricing, fastest transfer speed, most positive customer reviews, or a good compromise.
You may also want to take into account the pay-in/out methods. Credit cards, debit cards or a bank transfer are the most common pay-in methods to send money to Vietnam online. On the other side of the transfer, you can decide if your want the amount in VND to be transferred to your recipient's account or available for pick-up in cash at an agent location.
4. Sign up and start your transaction with the provider of your choice
Go to the provider's website to sign up - be prepared to upload an offical ID and/or a proof of adress - and get started with your money transfer to Vietnam.