Market Research Remittance

Last activity 10 July 2018 by TimHortonMuffin

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DucphuongnguyenMember06 September 2014 14:24:25

Hi everyone,

I am Quang from VBTC Co. Ltd. - a young Fintech Startup from Saigon/Vietnam - and currently doing some market research regarding the remittance of money between foreign countries and Vietnam - and would love to explore if there are ways to offer a cheaper service than traditional means. If you are in any way affected / experienced in that matter, I would like to get in touch with you. Would love to discuss your experiences on that topic - please send me a PM to discuss this topic further, in case you think you can contribute to my research.

Best regards,
Quang

JaitchGuest06 September 2014 16:05:55

214245

You should chat to the State Bank of VietNam.

There are plenty of 'ethnic' money transfer mechanisms operating (illegally) in VietNam. It costs me CAD$20 to transfer dollars from Toronto to HCM and have them delivered in CAD or USD.

virgoksActive member07 September 2014 02:52:33

Hi, I have used eRemit service offered by Viettin bank (applicable for the transfer from Australia, UK and Germany to VN) which costs only 10AUD/10GBP/10EUR for a max amount of 3000AUD/GBP/EUR per transaction. In addition, it seems that Western Union is offering free-of-charge service for online transactions from several countries to VN. Visit its website you will find more info...

Cheers

August ChoongActive member30 May 2017 10:01:42

@Jaitch, any recommendation for the cheapest way to remit the money out from Vietnam? I wanted to find the agent for my remittance to Malaysia. Thanks

TimHortonMuffinActive member10 July 2018 17:00:17

Hi Jaitch,

how do you transfer funds from HCM to Toronto?

Please let me know all options as I am planning to retire there. Thx.

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