I was told by Vietcombank that I couldn't deposit cash into my account because I'm a foreigner, and I could only do account-to-account transfers. Apparently only my employer is allowed to deposit money into my account. I'm not really clear on the details; the bank teller was having a hard time explaining it to me, so I just thanked her for her time and have been continuing to stash all my cash in a lockbox in my apartment.
Is this true for all banks in Ho Chi Minh City? If I get a bank account with HSBC or Citibank, will I be able to deposit cash into my account and have a generally more "American" banking experience?
Does anyone know why foreigners can't deposit cash into their accounts?