You are here: Forum > Living in Asia > Vietnam > Nha Trang > Bank > ATM's

#1  2012-05-16 04:47:14

panda7
Contributor
Registered: 2012-02-11
Posts: 141

ATM's

Hi does anyone know of an atm that dispenses more than 5m vnd and what their fee is ? i have been using agri bank atms but they only max at 5m and charge only 20,000. Also any tricks for transferring money cheaply to here without incuring bank fx fees etc would be appreciated. for a 5m vnd withdrawal my australian bank charges me a $5 atm fee + $7 fx fee + the lousy exchange rate !




 
 
 
 

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#2  2012-05-16 04:58:32

saigonmonkey
Serial expat
From: Ho Chi Minh City
Registered: 2011-02-18
Posts: 245

Re: ATM's

Citibank ATMs allow a maximum of 8,000,000 vnd with nominal fees. Can't do anything about the fees from your home bank. They'll be the same no matter where you withdraw.




 
 
 
 
 
 
 
 
 

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#3  2012-05-16 05:18:29

Anatta
EB member +
Anatta
Registered: 2011-07-26
Posts: 849

Re: ATM's

panda7 wrote:

Also any tricks for transferring money cheaply to here without incuring bank fx fees etc would be appreciated.

For long term expats who want to transfer money many times:
The trick the locals use is to find someone who has the need to transfer the money the other way, i.e., from Vietnam to Perth or to Australia (in your case). Many have money they want to transfer. Just don't ask me where they get that money from smile. You transfer money to their Australian account and they give you the VND: very tight spread and nearly no fee. Big business here, at least for USD/VND exchange, I heard big_smile.

Last edited by Anatta (2012-05-16 05:22:33)




 
 
 

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#4  2012-05-16 06:29:09

Jaitch
ViP
Jaitch
From: Buon Ma Thuot, DakLak
Registered: 2011-11-14
Posts: 1899

Re: ATM's

Most ATM's have limits, even lower in some countryside locations.

Vietnamese communities in other countries all seem to have unofficial bank transfer services.

As Anetta explained, they are after the foreign currency so they will be happy to do business. Have a friend/family to inquire at any Vietnamese store in your home community. They are trustworthy, I used them to move blocks of $10,000 when I was building here last year.

The money usually takes two days to arrive and is often delivered to your home.

ANZ is a handt bank for transfers from down-under. Maximum fees should be around $15 - SWIFT TRANSFER. You need to set up an Oz Dollar account to put the money into otherwise they will convert it tp Dong.




 

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#5  2012-05-16 06:42:58

panda7
Contributor
Registered: 2012-02-11
Posts: 141

Re: ATM's

thanks, I checked the citibank website and for ATM's in nha trang it comes up with dongA atm locations, so is there actually a citibank ATM and if so could someone tell me its location. I tried donga bank and it maxed out at 3,500,000.

Thanks for the tips about sending the large amounts...




 
 
 
 

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#6  2012-05-16 07:32:05

Anatta
EB member +
Anatta
Registered: 2011-07-26
Posts: 849

Re: ATM's

There is no Citibank ATM in Nha Trang, and they recommend you to use either ANZ or DongA.




 
 
 

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#7  2012-05-16 11:28:09

l3ully
Serial expat
l3ully
From: Nha Trang
Registered: 2011-12-11
Posts: 387

Re: ATM's

open a bank account- in of the partner bank of your home country and make a decent transfer. You will loose about 12% at any VN Bank , which are not a partner to your home bank.




 
 
 

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#8  2012-05-22 04:15:17

panda7
Contributor
Registered: 2012-02-11
Posts: 141

Re: ATM's

ok I found out Techcombank ATM's in Nha Trang will give you 6,000,000 vdn (I didnt try for more than this). They also didn't charge a fee. My Australian bank charged me AUD$13 for the transaction though.




 
 
 
 

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#9  2012-05-22 04:49:41

Budman1
EB member +
Budman1
From: Can Tho
Registered: 2010-07-22
Posts: 682

Re: ATM's

panda7, if you do online banking you might want to check your current statement. I thought that  Techcombank ATM's had stopped the withdrawl fees also. I just checked my statement and they hit me for $3.36 USD for one transaction, plus my bank charged me $5.00 also.




 
 
 

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#10  2012-05-22 05:04:37

panda7
Contributor
Registered: 2012-02-11
Posts: 141

Re: ATM's

ok thanks I will check and report back, it might take a few days to show up....




 
 
 
 

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#11  2012-07-09 05:06:49

panda7
Contributor
Registered: 2012-02-11
Posts: 141

Re: ATM's

yes Techcomm's atm is more expensive than Agribank's...

Last withdrawal I made one of the 500,000 notes had a small piece missing out of the corner. None of the Vietnamese would take it. My Vietnamese friend tells me this is normal and to take the note to the bank and they will exchange it for a good one.

So I did this and they exchanged it no problem...

Last edited by panda7 (2012-07-09 05:11:34)




 
 
 
 

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