What is stopping a VN business from paying $$s into a foreigner's a/c?

hs0zfe

Serial expat

Member since 08 September 2014

Sangkha, Surin province

hs0zfe

07 July 2015 11:07:29

234

hs0zfe

07 July 2015 11:07:29

234

Sangkha, Surin province

It worked after I heelped a friend by ordering parts with my credit card in the U.S. His deposit hit my account.

Now a small company which owes me money demands that I <come and get it in cash> which would mean taking a bus 5 hours each way. No, thank you!

Q: are there rules preventing such a payment? It's back wages and they can show the labbour contract (again), if the bank wants it. We happen to bank at the same branch, VIETIN BANK.

Thanks ffor shedding some light on this. Are they blowing smoke, or is it really kind of impossible to make such a payment?

ralphnhatrang

Serial expat

Member since 20 January 2015

Adelaide, South Australia

ralphnhatrang

07 July 2015 13:10:24

599

ralphnhatrang

07 July 2015 13:10:24

599

Adelaide, South Australia

Generally speaking, it is illegal to use USD in VN and it is illegal to advertise goods in USD. Even Vietnam Airlines was fined for advertising flights in USD.

simon.1711

Active member

Member since 02 March 2014

simon.1711

08 July 2015 04:02:13

simon.1711

08 July 2015 04:02:13

To deposit smaller amounts (below 20mil), there is usually no problem.

For bigger amounts - yes you need the contact - which you have.

I think they just don't want to pay you.