How to Send Money to Vietnam: The Complete 2026 Guide

If you only have 30 seconds: open the USD → VND live comparison. Sorted by recipient amount with live Wise data. Typical order: Wise, Remitly, WorldRemit, Western Union, MoneyGram. Wise tends to lead on rate transparency; Remitly Express on speed.

Vietnam's currency (VND) is heavily managed against USD by the State Bank of Vietnam, so rates don't move as much intra-day as for free-floating currencies. This makes timing less critical than for, say, Nigeria or Turkey.

Many providers advertise low fees on USD → VND while making 1.5-2.5% through the rate. Vietnamese banks (Vietcombank, BIDV, Techcombank) typically charge 2-4% in margin even when the headline 'fee' is zero.

Always compare 'recipient gets' in VND, not the headline fee. With VND quoted in tens of thousands per USD, even a 0.5% rate difference is millions of dong on a moderate transfer.

• Best for transfers $100-2,000: Wise, Remitly. Both have Vietnamese-language support and tight spreads on the USD/AUD/EUR corridors.
• Best for amounts above $5,000: Wise. Percentage fee scales best; OFX is competitive on AUD/EUR for amounts above $10,000.
• Best for MoMo/ZaloPay wallet: Wise, Remitly, WorldRemit. Funds typically arrive within 5-30 minutes.
• Best for direct bank deposit: Vietcombank, BIDV, Techcombank, MB Bank, ACB and Agribank are all widely supported as deposit destinations.
• Best for cash pickup: Western Union, MoneyGram. Coverage is decent in cities, sparser in rural areas.
• Best for USD payout (FCD): A few providers (Wise, OFX) support direct USD deposit to Foreign Currency Deposit accounts at Vietnamese banks.

• MoMo — Vietnam's largest mobile wallet (~30 million users). Direct credit from many international providers, instant settlement.
• ZaloPay — Mobile wallet built into Zalo (Vietnam's dominant messaging app, 70+ million users). Increasingly supported.
• ShopeePay — Wallet inside Shopee, the dominant e-commerce platform.
• Vietcombank, BIDV, Techcombank, MB Bank, ACB, Agribank — The major banks. Most providers support direct deposit; settlement typically within 1-4 hours during business days via NAPAS rail.
• FCD (Foreign Currency Deposit) accounts — Allow recipients to hold USD/EUR rather than convert to VND immediately. Useful for those saving for foreign expenses.
• Cash pickup — Western Union and MoneyGram. Available at most major bank branches and dedicated agent locations.

• No tax on inbound personal remittances. Personal gifts and family support are exempt under Vietnam's Personal Income Tax Law.
• No annual cap on inbound transfers. SBV encourages remittance flows.
• Provider must be SBV-licensed for cross-border transfers. Wise, Remitly, WorldRemit, Western Union, MoneyGram all qualify.
• FX outflow is restricted (inflow welcomed). Vietnamese residents face tight controls on sending money out; inbound has none.
• Recipients can hold USD via FCD accounts. No requirement to convert immediately — useful if VND depreciation is a concern.

• [USD → VND](/send-money/usd-to-vnd): ~$8B/year, dominated by US-based Vietnamese diaspora. Wise, Remitly Express and PayPal Xoom lead.
• [AUD → VND](/send-money/aud-to-vnd): Australia hosts ~300,000 Vietnamese-Australians. Wise and OFX dominant; ANZ and CommBank are 3-4% more expensive.
• [EUR → VND](/send-money/eur-to-vnd): France has the largest Vietnamese community in Europe (~400,000). Wise and PayPal Xoom lead; banks like Société Générale and BNP charge significantly more.
• [CAD → VND](/send-money/cad-to-vnd): Growing fast. Wise dominant. CIBC Global Money Transfer is a competitive bank-channel alternative.
• JPY → VND: Japan has a sizeable Vietnamese worker population (~500,000). Wise, SBI Remit and Brastel lead.

1. Open the live comparison; enter your exact amount.
2. Look at 'Recipient gets' in VND — that's what lands in MoMo or Vietcombank.
3. Compare to mid-market: send amount × Google's USD/VND rate. Gap should be under 1.5%.
4. Confirm whether the recipient prefers VND credit or USD credit to an FCD account.
5. For amounts above $10,000 to one recipient in a year, confirm whether SBV reporting applies (rarely, but worth checking).

Live comparison: USD → VND, AUD → VND. Rates refresh every 5 minutes.