When travelling in Vietnam, you should know that “Cash is King” and “Money transfer is Queen.” Still, things are changing significantly after the Covid when everyone is getting used to online shopping using bank transfers, ATMs and Ewallets.
For foreign tourists, I do recommend you still need some cash with you since some local hotels, restaurants, cafes, stores only accept cash. This article is everything you need to know about withdrawing cash from ATMs in Vietnam
Most hotels, resorts, bars, and restaurants serving international tourists accept credit cards. But there are homestays, local motels, and Airbnb in some locations that only accept cash.
If you want to buy something at a local market or store. Then, they only accept cash.
Also, most credit card transactions require three percent extra on top of the amount for bank charges. If you could find ways to do without fees lower than three percent for a big amount of money, you save quite a bit. Let’s do some calculations. If you pay the amount of 1000 USD, then 30 USD are bank fees so find a way to save that amount.
If your account is in American Dollars, Australian Dollars, Euro or Japanese Yen or other currencies. According to our local government’s law, You can only get VND (Vietnam Dong) when you withdraw money from ATMs in Vietnam.
The foreign exchange rate is calculated based on the bank you withdraw. It can be painful with poor exchange rates something
ATMs from these banks can be easily found in big cities like Hanoi, Danang, Nha Trang and Ho Chi Minh city. Agribanks, Vietinbank and BIDV have the most ATMs across the country. Also, you may only find Agribank ATMs in rural areas and remote regions.
You can easily find ATMs machines nationwide, from remote regions to big metropolitan cities. It’s super easy to look for ATMs around tourist attractions but if you are travelling to remote regions. it’s a different story. I’ve heard to a local family, living in the remote region who has to travel 30 kilometers from their home to the central town to withdraw cash.
Just Google “ATMs near me” or “Bank name and ATM”. For example, Vietcombank ATM, and you will see the search result. But the problem is not all ATMs are listed on Google map. I recommend asking the hotels or restaurants where you stay to find the closest ATMs.
American Express and Discover is less common than usual
|Bank’s name||Withdraw fees||Withdrawal limits||Note|
|Vietinbank||55,000 VND||2,000,000 VND|
|BIDV||3 % of the full amount||3,000,000 VND|
|Tpbank||Free of charge||5,000,000 VND||The rate is better than XE.com|
|VP Bank||Free of charge||5,000,000VND||The rate is better than XE.com|
|MBbank||Free of charnge||5,000,000VND|
|VIB Bank||50,000VND||5,000,000 VND|
|HSBC||3 to 3.5 % of your amount||10,000,000VND|
Note : The bank charges can be changed without prior notice
If you haven’t got a WISE account, create one here
Your card has been swallowed
Contact the bank hotline or the phone number has been placed in the ATMs. Remember to print the receipt and take photo of the ATM number if there is an issue.
Next go to the branch which manages the ATM and get your card back.
Get ZERO cash even your money has been deduced from the account
Get the receipt, ATM number and bank name and report to your bank and the bank in Vietnam.
No money in your deposit account.
If you want to withdraw cash, you must have enough money in your deposit account. Double-check your deposi account and try it again.
Over to you
If you find this ATMs in Vietnam Withdraw guide helpful, don’t forget to like and share to spread useful information for other visitors to Vietnam