Transfer Money Now
Main Services: International money transfers, remittance services, mobile transfers
Transfer Objective: One time/ Recurrent
Transfer Method: Direct to Bank, Cash pick-up, Mobile top-up
Min Transfer Amount: $15
- Great on mobile transfers
- Easy to send or receive money
- Good for remittance services
Main Services: International money transfers, cash pickup, remittance services, mobile transfers
Transfer Objective: One time/Recurrent
Transfer Method: Bank transfer, Phone/App, debit or credit card, cash pick-up
Min Transfer Amount: £0.01
- Locked-in exchange rates
- 145+ years of experience in moving money
- Tracking options for transfers online
- 0-3 days of delivery (depends on destination)
Up to 24h
Main Services: Send money online, bank transfers, telephone transfers. Send money to family and friends, emigrate, buy a property overseas or make regular maintenance payments.
Transfer Objective: one off/regular transfers
Transfer Method: Electronic bank transfer, UK debit card, UK direct debit
Min Transfer Amount: £100
- Free transfer fees
- Free to open an account
- Transfers by phone, online or App
- Safeguarded customer funds
- Longstanding FX provider since 1979
Up to 24h
More than 48h
Up to 24h
More than 48h
One of the first things that you need to do when considering an international money transfer is to make a research of the providers, including exchange rates, speed of transfer, and credibility of the companies which you are considering (For example, both Western Union and MoneyGram as the two biggest players, for instance, offer $0 transfer fee from your bank to the Vietcombank, Sacombank, Vietinbank, Dong A Bank, and other major banks).
Follow the link to get the main checklist on how to compare.
The limit per one transfer may vary depending on the conditions of the provider that you are using. For example, the maximum amount per transaction through Western Union is USD $5,000. Local country laws may further limit payment amounts. There may be even lower limits depending on the country where you are sending from and the payment method used to fund the transfer. Please check the local regulations of the sending location and the chosen agent.
Only banks are allowed to participate in international remittances. However, non-banks can launch e-money services in the country for which they will have to register themselves as a local company. However, cash-in/cash-outs of the wallet are allowed only when non-banks partner with a bank. International remittances through non-bank mobile wallets are not allowed. Please check the local regulations of the sending location and the chosen agent.
Depending on the type of remittance and the provider you are using, the transfer could be available to your recipient in Vietnam anywhere between few minutes and few days. Please check the specific conditions fitting your case. The process of receiving a money transfer in Vietnam will vary by provider and delivery method. In general, your recipient will provide ID or a confirmation number for the transaction to receive your funds. If your recipient owns an account at a Vietnamese bank or money transfer company, they may not need to provide this information each time you send money.
Most of the financial institutions have online tools on their website that allow you to track the money transfer. If you have carried out the money transfer to Vietnam via a bank, you can track your transaction by the tracking number and beneficiary’s account no. on the bank’s website.
When you send money via services like MoneyGram, Western Union, Ria or Azimo, both you & your receiver can always track your transfer from the account on their website. Some of these institutions even provide updates via email and SMS where the sender and the receiver can keep a check on the status. A few companies like TransferWise, and Xoom also have mobile apps that enable customers to check the status of transfer on their mobile devices.
For the most cases, the answer is no, but be sure to check your specific case with the chosen agent.
According to the local tax law, gifts exceeding 10 mln VND are subject to taxation. Please check the updated local regulations!
When you’re sending money overseas, in many cases you’ll need to convert the funds you send into another currency, such as U.S. dollars into Vietnamese Dong. But the provider or agent will convert the currency anyway, so you don’t have to deal with it yourself. Generally, Agent locations only accept cash in local currency. The receiver in Vietnam will be paid out in Vietnamese Dong (VND) only.