I heard fee is very high for using vietnamese debit (or credit) card outside of Vietnam (online payment on a foreign site, payment in a store abroad, etc.).
What do you think of this ? Do some of you use vietnamese bank card abroad ? What is your fee ?
Thanks in advance :-)
Laurent
Fee with vietnamese debit cart outside of Vietnam
Laurent futur Nha Trang
11 May 2019 12:23:49
906
Laurent futur Nha Trang
13 May 2019 10:05:11
906
?
:-)
QuidProQuo
14 May 2019 23:47:27
211
Call your bank and find out. It's different from bank to bank.
Laurent futur Nha Trang
15 May 2019 07:16:03
906
With my Techcombank, with Visa Platinum, the fee will be over 4% (without including ATM fee in case of withdrawal).
It is very high...
It's the reason why I am looking for other experiences. Thanks in advance.
kbfun
21 May 2019 20:42:39
1
Its almost the same in India too. It's not because of the bank it's because of Visa charges which are 2-4%.
Laurent futur Nha Trang
22 May 2019 19:36:46
906
I also have a Mastercard Card (Black world Elite) in a german bank (N26) (less than 6 euros/month : zero fee when I am not in Euro zone. And with the classic Mastercard in this same bank(free card), it's around 1,5% fee (including currency fee and Mastercard fee).
So, more than 4% fee is very high...
THIGV
22 May 2019 21:45:49
4398
We know that the government of Vietnam places restrictions on money leaving to avoid currency drain. Do you think it is possible that these fees could be a way to discourage money from leaving the country? Buying diamonds in Hong Kong with a high limit card and then reselling them would be one way to surreptitiously move money out.
Laurent futur Nha Trang
23 May 2019 07:42:33
906
THIGV wrote:We know that the government of Vietnam places restrictions on money leaving to avoid currency drain. Do you think it is possible that these fees could be a way to discourage money from leaving the country? Buying diamonds in Hong Kong with a high limit card and then reselling them would be one way to surreptitiously move money out.
It's sure that these fees discourage to use international bank card in order to make our vietnamese money move out of the country. I don't think it's due to vietnamese government.
About your way by buying and reselling diamonds, the losses of money in these double operation would be of course over 4% :-)
Subscribe to this topic
Articles to help you in your expat project in Vietnam
Opening a bank account in Vietnam
If you have decided to settle in Vietnam, you will definitely need to open a bank account. Not only will this be ...
Dating In Vietnam
If you're considering moving to Hanoi, or Ho Chi Minh City, the dating scene may be of interest to you ...
Making phone calls in Vietnam
The telecommunications sector in Vietnam has flourished throughout the past two decades. Like many foreigners ...
Moving to Vietnam with your pet
If you are planning to move to Vietnam with a pet, there are a number of formalities that have to be completed ...
Getting married in Vietnam
Have you met that perfect someone who you want to spend the rest of your life with? Luckily, getting married in ...
The most popular neighbourhoods in Hanoi
Formerly known as Thang Long, Vietnam's present capital city was renamed Hanoi in 1831. This enchanting ...
Open a bank account that suits you
Discover the best international banks to manage your money securely.
"