Banking - Vietnam

There are a number of international banks operating in Hanoi and Ho Chi Minh City. Some of the banks have 24 hour cash withdrawal facilities too. Cash can be withdrawn with Visa, MasterCard or Cirrus. ANZ bank in Hanoi and HSBC in Ho Chi Minh City are the more prominent banks. Please note that under Vietnamese law, ATMs’ can dispense cash only in Vietnamese Dong.

ANZ and Vietcombank ATMs enables you to withdraw cash from VISA, MASTER CARD, CIRRUS, PLUS, MAESTRO, JCB, DINNER CLUB through its network, 24 hours per day. Travelers’ checks in Vietnam are very useful. You can cash USD checks in banks at Hanoi for a 1.5% charge.

Most of the banks are open from 08:30 am to 04:30 pm, Monday to Friday.

ESL teachers will be happy to note that you can open a bank account while you are in Vietnam. But please note that all banks in Vietnam will require you to prove the source of the funds for over the counter deposit. If you are transferring funds internationally into the account, then there is no problem.

Vietcombank - No minimum balance required, free ATM withdrawals, but you have to show a local pay stub to prove the source of the funds. Take you passport. A small amount is needed to start the account.

Vietcombank
Operations Center: 198 Tran Quang Khai, Hanoi
Tel: 84-4-824 9748/825 9859/824 8922
Fax: 84-4-824 1395

ANZ - $300USD minimum balance required no charge for ATM’s. Internet banking is free, and there are more than 25 ANZ ATM’s in Saigon alone now. Everything is in English and pretty easy for international transfers. The ATM card they issue you is a Visa Debit card.

ANZ
Email: enqanzvn@anz.com
Phone: 1800 1559 24 hours, 7 days (Toll free in Vietnam)
Calls from overseas: +84 4 8258190, then extension 3
14 Le Thai To Street, Hanoi (84-4) 8258 190 (84-4) 8258 188