The withdrawal limit from an ATM in Vietnam varies depending on the bank and the type of account you have. Generally, the withdrawal limit is around 2-5 million Vietnamese dong per transaction, but some banks may allow higher limits for certain account types.
When it comes to withdrawing money from ATMs in Vietnam, the amount you can withdraw varies depending on the bank and the type of account you have. While there is a general range, it’s important to note that each bank may have different withdrawal limits in place.
Typically, the withdrawal limit in Vietnam ranges from 2-5 million Vietnamese dong per transaction. However, some banks may allow higher limits for certain account types. It is always recommended to check with your specific bank to confirm the withdrawal limits applicable to your account.
To provide a comprehensive overview, here are some interesting facts related to ATM withdrawals in Vietnam:
Vietnamese Currency: The official currency of Vietnam is the Vietnamese dong (VND). Its symbol is “₫” and it operates on a predominantly cash-based system.
ATM Availability: ATMs are widely available in Vietnam, particularly in major cities and tourist areas. Most ATMs allow you to withdraw money using international bank cards.
Bank Network: Vietnam has a number of major banks, including Vietcombank, BIDV, Techcombank, and Agribank. These banks typically have a large ATM network throughout the country.
Accepted Card Types: ATMs in Vietnam usually accept major card networks like Visa, Mastercard, and UnionPay. However, it’s advisable to carry a backup card or inform your bank beforehand about your travel plans to avoid any inconvenience.
Transaction Fees: When making cash withdrawals at ATMs in Vietnam, it’s important to be aware of any transaction fees that may apply. These fees can vary depending on your bank and the type of account you have, so it’s a good idea to check with your bank before traveling.
A quote that relates to financial matters is by Warren Buffett, an American business tycoon and investor, who once said, “Do not save what is left after spending, but spend what is left after saving.” This quote emphasizes the importance of financial planning and saving, which is relevant in the context of ATM withdrawals in Vietnam.
Here is a table demonstrating the withdrawal limits of some major banks in Vietnam:
|Bank||ATM Withdrawal Limit (VND)|
Please note that the figures provided in the table above are approximate and subject to change. It’s advisable to check with your bank for the most up-to-date information regarding withdrawal limits.
Video answer to your question
The video discusses the speaker’s experience using an ATM in Vietnam from Sacom Bank, which charges 1.5% transaction fees and around $1.2 for international cards. The speaker withdraws 220,000 dong and pays approximately $2 in transaction charges. They express their desire to find an ATM with lower or zero transaction charges and promise to share more details to help international tourists have a hassle-free visit to Vietnam.
Further responses to your query
If you need help finding the nearest ATM, just ask your hotel. Withdrawal limits per transaction range between 2 million VND (just under 100 dollars) and 3 million VND with local bank ATMs; and between 5 million VND to 10 million VND with international bank ATMs.
- ATMs in Vietnam only dispense Vietnam Dong.
- All ATM machines have varying withdrawal limits for each transaction.
- The limit varies from machine to machine, and from bank to bank, and can be anywhere between 2,000,000 and around 10,000,000 Dong, with most being towards the lower end of that range.
- Be aware that there is an ATM fee for each withdrawal.
In addition, people are interested
- Agribank. Whether you withdraw VND 2,000,000 (£67.74) or VND 3,000,000 (£101.62), Agribank will charge VND 22,000 (74p) to your account for using it.
ATMs are readily available in every city in Vietnam. There are limits for foreign bank cards (2 to 10 million VND) and you usually also pay a fee (25.000-50.000 VND; €/$1-2) to the Vietnamese bank. Check with your own bank what they charge for PIN payments abroad.
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) – a state-owned Vietnamese bank and the largest bank in Vietnam, VietinBank has ATMs all over the country so you will find one even in the most remote places. The withdrawal limit is 2 million VND and they charge 20,000 VND per transaction.