Transfering Money Back to the UK from Vietnam

Last activity 30 November 2011 by Claire Ho

4712 Views

3 replies

Post new topic

bawdseybenGuest28 November 2011 14:52:40

214245

Hi,

I'm looking on get a bit of advice about transfering money to the UK.

Basically i'm an English EFL teacher working in HCMC with my girlfriend. In Jan/Feb we should have enough my to saved to want to transfer some to our english bank accounts (either HSBC or Natwest)

We both have Vietcom bank accounts and want to send the money back the cheapest way possible.

Any tips from anyone thats had to do this?

Also someone told be that there is likely to be currency devaluation post-Tet, does anyone know if this is likely to happen as obviously it would make sense to transfer before it does.

Thanks,

Ben

cheehaContributor29 November 2011 01:13:32

113

I have a HSBC account here and just use the internet banking to send money to my Australian account.

tommycoyneActive member29 November 2011 08:48:52

I think if you have account with Vietnamese bank, they will let you send money as long as you have work contract. If not you would have to set up account with HSBC or the likes.

Claire HoNew member30 November 2011 13:54:12

If you have and HSBC account in the UK, you should open one here in VN because transferring money me-to-me account is waive fee. You are just subjected to lose some tiny amount when exchange money from VND to sterling and middle-bank fee

Articles to help you in your expat project in Ho Chi Minh City

Opening a bank account in Vietnam
If you have decided to settle in Vietnam, you will definitely need to open a bank account. Not only will this be ...
Student life in Ho Chi Minh City
As Ho Chi Minh City continues to gain a reputation as a hub for engineering and telecommunications, more and more ...
Choosing your neighbourhood in Ho Chi Minh City
Choosing your neighbourhood may not be an easy task, especially if you are a newcomer to Ho Chi Minh City. While ...
Accommodation in Ho Chi Minh City
Ho Chi Minh City, formerly known as Saigon, is an ideal Vietnamese destination for travellers and expats. If you ...
Getting around Ho Chi Minh City
Of all the idiosyncrasies that come with living and working in Ho Chi Minh City, the commute has to be one of the ...
Leisure activities in Ho Chi Minh City
One of the most interesting aspects of living in Ho Chi Minh City is the fact that theres never a shortage of ...
Buying property in Ho Chi Minh City
As Vietnams economic boom continues to boost it towards global recognition, the more appealing it has become among ...
Where to Live in Saigon or Ho Chi Minh City
When looking for a new house or apartment in Saigon it pays to consider where best to live. Some ...