Best ATM,for aud/ vnd exchange and maximum per withdrawal

@MarkinNam

Hello, well, let me explain how the final prices per withdrawals works:

VPBank permits up to 10M vnd (about 380 usd). And surely you will hear from some expats that this bank has no fees, but in the practice it already took its commission by its expensier exchange rate. The Vietcombank has the cheapest exch. rate, but it takes 2usd per transaction.

In addition don't forget the fees from your own bank abroad due to the international withdrawals, which could discount another 3usd from your savings.

Therefore my personal own mine answer is: don't worry about the ATM fees, the differences are not significant.  And about the limits: VPBank up to 10M vnd, all other up to 5M

@MarkinNamHello, well, let me explain how the final prices per withdrawals works: VPBank permits up to 10M vnd (about 380 usd). And surely you will hear from some expats that this bank has no fees, but in the practice it already took its commission by its expensier exchange rate. The Vietcombank has the cheapest exch. rate, but it takes 2usd per transaction.In addition don't forget the fees from your own bank abroad due to the international withdrawals, which could discount another 3usd from your savings.Therefore my personal own mine answer is: don't worry about the ATM fees, the differences are not significant. And about the limits: VPBank up to 10M vnd, all other up to 5M - @ajairon

Both here in Đà Nẵng as well as within the past year in HCMC (on our way to attend J.R.'s wedding in the Delta) VP Bank allows me to withdraw ₫20 million VNĐ per pull.

I routinely get ₫50 million VNĐ per visit to a VP Bank ATM once every 30 days (2 x 20 and 1 x 10).

Nobody knows for sure because nobody has used every card available in every ATM machine, but I believe at many ATMs--including VP Bank--the withdrawal limits are based on the card you are using.

I've seen many social media posts claiming that VP bank charged them over ₫200,000 VNĐ to withdraw ₫5 million VNĐ (basically the same amount now charged by Agribank, Vietcombank, Vietin Bank, MB Bank and TechcomBank).

It turns out they are often using cards not normally seen in Vietnam.

As I've mentioned far too many times (I know some people want me to shut up about this) but my Charles Schwab Visa Debit card linked to my account in the United States rebates all of my withdrawal fees at the end of every month AND gives me the Visa mid-market exchange rate, which is always better than the State Bank of Vietnam rate.

I'm very surprised to hear that VP Bank doesn't give the same exchange rate as other Banks.

I've always thought that at ATMs and inside Banks that they were required by law to exchange at the SBV rate.

Normally anytime anyone asks this question I tell them that nobody can give them an exact answer unless they know which card they are using and they know how that bank treats that particular card.

@ajairon

Im using a wise card so they say no ATM fees for a few withdrawals per month.

@ajairon
Im using a wise card so they say no ATM fees for a few withdrawals per month. - @MarkinNam

Check with the bank where you want to withdraw to make sure they honor your Wise card.

Or just try it, but be prepared for your withdrawal to be rejected.

If so, try at another bank

@MarkinNam

mmmm.. I'd never used Wise or similars, but I have heard the same: no fees on withdrawals or exch. rates . Just read very well the conditions because it is not only based on how many transactions, it is also about how much in a period of time. I cannot say so much, sorry.

Regarding the market of exchange rates: OceanBeach is right, the SBV is the regulator, but it also permits a band of max/min; reason why public banks such as VCB, Agri, etc  have lower prices than the privates such as the VPB, HSBC, WU, etc. At the end, to me, I dont notice any representative differences of costs to use the first ATM I find