Send Money To Vietnam
Tired of paying high remittance fees on money transfers to Vietnam? Break free of hidden charges with Real-Time FX rates on InstaReM. InstaReM enables individuals, SMEs and corporates
to remit money to Vietnam in a secure and cost-effective manner. If you are working abroad and need to send money to your family in Vietnam, here is the remittance partner that you
have been looking for. Register with InstaReM and we will convert your money into Vietnamese dong using our real-time FX rates.
InstaReM believes in transparency, and we give our
clients a detailed break up of every transaction along with timely updates on the status of your transaction. Once you set up a transfer with us, we apply a nominal fee*, and pay out
to your beneficiary from our local bank account in Vietnam. InstaReM is fast, convenient and offers you real-time exchange rates for money transfers to anywhere in Vietnam – from Saigon
to Ho Chi Minh City to Da Nang. Want to make money remittance to Vietnam easy? Click here.
How To Transfer Money To Vietnam?
Step 1: Login to your InstaReM account
Step 2: Check the FX rate
Step 3: Enter the amount to be transferred
Step 4: Add new or select already added recipient and click 'Continue'
Step 5: Select added bank account for payment
Step 6: Initiate funding to InstaReM local account in Vietnam by confirming the amount
All You Need To Know About Sending Money To Vietnam
1. InstaReM fee:
For payments from AUD to VND
and HKD to VND
, the fee is 0.5%. For payments from SGD to VND
, the fee is 0.25%. For transfers from MYR to VND, the fee is 0.6%. Please note that these fees are subject to change.
2. Transfer time*:
InstaReM makes typically same-day transfers 7 days a week.
*Please note that the transfer time may be affected by banking systems and holidays in both the sending and receiving countries.
3. Banks covered in Vietnam:
InstaReM covers all banks in Vietnam, including Vietcombank, VietinBank, Asia Commercial Bank, Citibank Vietnam, Tien Phong Bank, LienVietPostBank, Bangkok Bank, JP Morgan Chase Bank and Citibank Vietnam, among many others.
4. Required details:
When sending to individuals in Vietnam, you need to fill in the beneficiary's first name and last name.
Beneficiary's full residential address in Vietnam.
• Account no.:
Beneficiary's local account number in Vietnam.
• Beneficiary's bank code:
You need your beneficiary's SWIFT-BIC code to make a transfer to Vietnam.
5. Payment methods :
InstaReM supports bank transfers in Vietnam. Please note that we accept payments only from the sender's own bank account. We do not accept third party transfers.
6. Maximum amount per transfer:
AUD 2500 for transferring money from Australia. No limit for transferring money from Singapore and Hong Kong.
No limit. Please note that InstaReM accepts payments in whole amounts, not decimals.
7. Available payout currencies:
We make payouts in Vietnamese Dong only.
8. No cash or cheque:
As an online remittance platform, we do not accept or send out cash or cheques. InstaReM transfers money from one bank account to another bank account.
InstaReM does not support payments for FDI (Foreign Direct Investment) purposes.
10. E-mail transfers:
No. InstaReM does not support transfers to an email address.
You can cancel your transfer before we start the process to credit your money to the beneficiary's account. You might need to provide your refund account details, if we don't already have them. You'll be refunded in full, and we don't charge a cancellation fee.
What Is SWIFT-BIC Code?
Swift Code is a standard format of Bank Identifier Codes (BIC) and it is unique identification code for a particular bank. These codes are used when transferring money between banks, particularly for international wire transfers. Banks also use the codes for exchanging other messages between them.
You can find SWIFT codes for Vietnam here.
5 Quick Tips To Transfer Money To Vietnam
1. Conduct a proper analysis of all the options available, before choosing a service provider.
2. To get the best rates, monitor VND exchange rates and compare with other platforms that send money to Vietnam.
3. Be absolutely certain about the account details of your recipient in Vietnam. Errors in SWIFT codes, for instance, can delay your transfers.
4. Choose a money transfer service that makes money transfers to Vietnam convenient and cost-effective.
5. Find out all about the costs and charges involved in money transfers to Vietnam, to avoid last-minute surprises.
6. Note that your recipient receives the same VND amount that was promised by the service provider.
Try InstaReM and enjoy secure transfers at competitive rates, and round-the-clock client support. We also have first-transfer and referral bonuses for our clients.