Best money transfer to Vietnam • Cost, duration, comparison

Online transfers make it easy for money to be transferred from one country to another. It’s considerably less cumbersome than going to the bank to carry out these transfers.

There are some disadvantages of sending money through a bank draft/bank transfer—they generally take longer, and most banks only carry out transfers to other banks only. Most banks also require a lot more information than the information required to send money online.

Online transfers seem like a much better option, saving customers not only a great amount of time but money as well because bank transfers typically charge more. There are a lot of sites that can transfer your money to Vietnam, but our research has helped us review the best and most trusted sites for international money transfer so that you don’t have to.

Comparison: Best Transfer Money to Vietnam

Winner

Wise

First Transfer Free!

Wise is a very good provider for overseas transfers. The transfers are easy, convenient and secure. The most important thing is that the transfers are also much cheaper than with the bank.

Winner

transferGo

Send money very fast!

Save up to 90% compared to banks. No hidden costs. Large selection of countries.

Winner

currencyfair

Five Transfers Free!

A world-class customer service, very good exchange rates and permanently favorable transfers abroad and to Germany convince. Only downside is the small selection of countries.

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How can I send money to Vietnam?

When sending money online, it’s important to take some things into consideration: where you’re sending the money to, how much you want to send, and your mode of payment. Here are the sites that can help you send money to Vietnam:

Wise

Wise is one of the most well-known sites for transferring money online. One of the best things about this site is their free borderless account, meaning you can open and access an account with them from Vietnam, or anywhere in the world. You can also receive your bank details and money to that account at no extra cost.

With Wise, you could save up to eight times in fees compared to a bank when you send money, receive payment in other currencies or spend abroad with the Wise debit Mastercard. The conversion fee between currencies is cheap (ranging from 0.35%- 2.85%).

Wise can only deliver Vietnamese Dong (VND) to bank accounts based in Vietnam. They can also send Vietnamese Dong (VND) out via domestic transfers within Vietnam. Currently, Wise can’t send money from Vietnam.

Wise carries out transfers as quickly as possible, although the timing may vary depending on the countries you’re sending from and to, your mode of payment, what time you pay for your transfer, and security checks.

They are very safe to use because of the level of transparency they keep; you will be updated via email at every stage of the transfer. In the event of a cancellation of the transfer, you can reach out to their customer service representatives, or you can cancel here. Overall, it is a reliable, easy and quick way of sending money locally or internationally. You can read more reviews from Trustpilot here.

Azimo

Azimo is a great site for making international transfers. With azimo, you could send money to bank accounts, mobile phones or to one of 300,000 cash pick-up locations. You could sign up and carry out your first transfer fee-free, after which the transfer fees can be as low as £1; but the transfer fee also depends largely on where you’re sending money to and from and what method you send money with.

Azimo caters to the money transfer needs of both individuals and business owners. Azimo Business provides you with a fast and low-cost platform for international transfer for your business. This helps create a seamless cash flow between your business and international customers and partners.

Transfers on this platform take anywhere between one hour and one working day to be carried out. Vietnam is one of the 195+ countries that are supported by the site. There are more details on how to send money to Vietnam here.

Security is one thing that is paramount with azimo. They are verified by Mastercard and Visa, as well as the UK Financial Conduct Authority (FCA). They also offer a 100% money back guarantee. With over 300,000 5-star reviews, it’s fair to assume that they’re worth a try. You can check out Trustpilot reviews of azimo here. Azimo is a trusted way to send money to countries around the world.

CurrencyFair

CurrencyFair is also a great platform for transferring money online. The site has competitive currency exchange rates that are better off than most banks. What’s great about CurrencyFair is that transferring money with them helps you save money by way of eliminating excessive bank and broker fees. Their online platform helps you manage transfers on any device from any place and to stay in control of your international cash flow.

Transferring money with CurrencyFair takes up to 2 business days for Euro payments, Same business day for payments in Pounds (GBP), and up to 5 business days for Other currencies, Including the Vietnamese Dong (VND). All you have to do is create your free account, set up your transaction, and transfer your money. You can get started here.

With over 100,000 customers, CurrencyFair is regulated by the Central Bank of Ireland with all client funds held in segregated accounts in top-tier international banks, so the security of your money is guaranteed. Overall, CurrencyFair transfers your money quickly while getting you competitive exchange rates.