Hello folks,
I'll be spending about 7 months in Vietnam and I'm still in very good term with my former step family in Saigon and I was talking strategy with my ex Vietnamese wife who now lives in Canada how to best transfer money from Canada to Vietnam. So she's telling me that you can usually have a limit of 10-20 millions daily VND withdrawal on any ATM in the country from a local bank account. Many times in Vietnam when I was using my Canadian ATM Card (Cirrus Network) I'd be limited to maximum 8M a day and that would only be at Citigroup bank. She's telling me that this limitation was only because my bank card was foreign.
Anyway, I just wanted to confirm with the people here who have access to a local bank account, is it true that the amount you can withdraw daily from an ATM, if it's at your bank's ATM, can be above 15M?
Oh and the plan is to use a local Vietnamese money transfer service in Montreal, you can transfer big amounts of money for only $5 + 1.5% and it's delivered in Vietnam in your hands, cash, in a day or two. We've used the service before and it's very efficient and much cheaper than Western Union... so I'd have the money delivered to my former sister-in-law who'd deposit the cash in a local bank account.