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Looking for best way to transfer money oversea from Vietnam ? Sending money abroad easily with simple steps at banks in Vietnam
How to transfer money oversea from Vietnam ?
There are more and more foreigners are living and working in Vietnam. Many of them need to transfer their income back to their homeland. Then what are the best way to transfer money oversea from Vietnam ?
In general, there are 2 popular ways of sending money out of Vietnam:
If money stays in your account already, that´s legal incomes and you have your right to decide what to do with that money.
In case you bring cash in, please show documents related, such as if they come from your salary, so we need your work permit paper, labour contract, payroll slips, your passport; if they come from your business, you need your passport, work permit paper, business lisence, financial reports and tax reports; If you bring them from your country, show the custom papers; and so on. In any cases, just prove your right about those money.
There are some differences if the sender is Vietnamese. Vietnamese just need to show up the legal purpose using money outside of Vietnam in many cases such as tuition fees, living cost for students or nuclear family members support, hospital expenses. But if Vietnamese received a big amount of money from hesitate or as a gift, they must be present more papers and variety from every cases abide by the law. In that case, you should contact with the bank then they will give you advice to complete paper documents.
Banks recomended for transfer money oversea from Vietnam are: Vietcombank, HSBC.
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