Vietcombank waives all money transfer fees from january 1

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Vietcombank was founded in 1963 under the full name Joint Stock Commercial ngân hàng for Foreign Trade of Vietnam. It is now a well-established bank that offers a wide range of financial services khổng lồ its clients, including card services, e-banking, remittance payment support, và credit.

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With over 600 branches and office locations, the business is one of Vietnam’s largest commercial banks. After a successful IPO that raised more than $650 million, the bank was listed on the Ho bỏ ra Minh city Stock Exchange in 2009.


A Vietcombank transfer, which is directly aimed at Vietnamese clients, may be used for both local và international transactions with relatively minimal costs, making it a viable account funding option for traders.


On August 10, the State ngân hàng of Vietnam mix the daily reference currency rate at 23,178 VND/USD, down 9 VND from the previousday.

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The ceiling rate applied lớn commercial banks during the day is 23,873 VND/USD, and the floor rate is 22,482VND/USD, based on the current trading band of +/-3%.


The purchasing rate is 22,750 VND/USD, while the selling rate is 22,980 VND/USD, both down 50 VND from the rates at the same hour on August 10, 2021.


Brokers who accept Vietcombank transfers for deposits và withdrawals may charge their own processing fees or even cover the bank’s fees. It’s also a good idea khổng lồ look into separate withdrawal costs. The following is a list of fees:


Free if you send money from a Vietcombank beneficiary account0.03% fee (minimum $1, maximum $70) on deposits into a foreign currency trading account0.025% fee on VND trading trương mục deposits under 500 million VND (minimum 9000 VND, maximum 125,000 VND)0.027% fee (minimum 135,000 VND, maximum 975,000 VND) on deposits of 500 million VND or more in a VND trading account
Free if you send money lớn a beneficiary trương mục at Vietcombank0.03% fee (minimum 10,000 VND, maximum 1,000,000 VND) if you send from other banks
$1 supply fee per sheet, 0.1% service fee on checks fees vary by transaction time, tốc độ corridor pricing, promotions và currency on MoneyGram transfers0.2% fee (minimum $5, maximum $200) plus a fee from an overseas ngân hàng ($10 for USD, $40 for JPY & EUR và $20 for other currencies) on Swift transfers
0.05% charge (minimum $2, maximum $70) on Swift transfers$2 sending for collection fee per sheet, 0.05% service fee on checksfees vary by transaction time, speed corridor pricing, promotions, and currency on MoneyGram transfers
20,000 VND for a kiểm tra payment investigationNo fee for an investigation of inward remittance.30,000 VND per transaction on outward remittance investigation, revisions, & cancellation

There are no fees for Vietcombank transfers lớn or from other Vietcombank accounts. Ngân hàng transfers to lớn other banks, thẻ payments, và checks are the only transactions that incur fees & charges. These are far more costly than similar online payment services lượt thích WeChat Pay, Venmo, and TransferWise.