Top 10 Remittance Sites to Vietnam - Jul. 2019

Compare top remittance services & send money to Vietnam in minutes!

I want to Send Money to:
All listed services are safe & regulated
Get bank beating rates on your transfer
Available on:
1
Transfer Fees: Low
2
Transfer Fees: Low
3
Transfer Fees: Med
4
Transfer Fees: Med
5
Transfer Fees: High
6
Transfer Fees: Med
7
Transfer Fees: High
8
Transfer Fees: High
9
Transfer Fees: High
10
Transfer Fees: High
Service
Regulation
Delivery Speed
Delivery Methods
Transfer Fee
Score
Transfer Money Now
1
FCA
Instant
  • Cash pick-up
  • Direct to Bank
  • Mobile top-up
  • Mobile Transfer
Low
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
Available in:
Extra Features:
- Great on mobile transfers
- Easy to send or receive money
- Good for remittance services
Time to open Account: Few Hours
2
FMA
Instant
  • Cash pick-up
  • Direct to Bank
  • Mobile Transfer
Low
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
Available in:
Extra Features:
- Locked-in exchange rates
- 145+ years of experience in moving money
- Tracking options for transfers online
- 0-3 days of delivery (depends on destination)

Time to open Account: Few minutes
3
FCA
Up to 24h
  • Direct to Bank
Low
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
Available in:
Extra Features:
- Free transfer fees
- Free to open an account
- Transfers by phone, online or App
- Safeguarded customer funds
- Longstanding FX provider since 1979
Time to open Account: Few minutes
4
FCA
Up to 24h
  • Cash pick-up
  • Direct to Bank
Low
5
FCA, HMRC
24-48h
  • Direct to Bank
  • Cash pick-up
Med
6
FCA
More than 48h
  • Direct to Bank
Med
7
FCA
Up to 24h
  • Mobile Transfer
  • Mobile Wallet
  • Mobile top-up
Med
8
FCA
More than 48h
  • Direct to Bank
  • Mobile Transfer
Med
78
9
FCA
24-48h
  • Direct to Bank
High
10
FCA
24-48h
  • Cash pick-up
  • Direct to Bank
High
70

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Frequently Asked Questions

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. 

  • Bank transfers. Most major banks can safely wire your funds to Vietnam. Banks rely on existing links between banks and banking systems worldwide. A downside is the frustratingly high fees and weaker exchange rates you’ll typically receive.
  • Online money transfer services. Companies like OFX, TransferWise, WorldRemit make international money transfers to Vietnam easy. They offer more affordable transfers than banks do, allowing you to quickly and easily manage your transactions from home. With competitive exchange rates and lower fees, you can send funds from your bank account, a credit or a debit card.
  • Providers with cash pickup. Trusted providers like Azimo, Western Union, MoneyGram, and Ria offer the option of cash pickups from thousands of agent locations across Vietnam. (For example, Western Union has more than 8,000 agent locations in Vietnam) They offer the key advantage of giving your recipient fast access to the cash you send — sometimes within minutes.
  • In most cases you will need a valid I.D. presented at some point. In some cases the recipient personal data might be required as well. Please check the local regulations of the sending location & agent.
  • If sending to a bank account, you also need your recipient’s bank name and account number.
  • If sending to a mobile wallet, you also need your recipient’s mobile number with international dial code

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.