What is stopping a VN business from paying $$s into a foreigner's a/c?

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hs0zfe Serial expat

Member since 08 September 2014

hs0zfeSerial expat07 July 2015 09:07:29

234

It worked after I heelped a friend by ordering parts with my credit card in the U.S. His deposit hit my account.

Now a small company which owes me money demands that I <come and get it in cash> which would mean taking a bus 5 hours each way. No, thank you!

Q: are there rules preventing such a payment? It's back wages and they can show the labbour contract (again), if the bank wants it. We happen to bank at the same branch, VIETIN BANK.

Thanks ffor shedding some light on this. Are they blowing smoke, or is it really kind of impossible to make such a payment?

ralphnhatrang Serial expat

Member since 20 January 2015

ralphnhatrangSerial expat07 July 2015 11:10:24

599

Generally speaking, it is illegal to use USD in VN and it is illegal to advertise goods in USD. Even Vietnam Airlines was fined for advertising flights in USD.

simon.1711 Active member

Member since 01 March 2014

simon.1711Active member08 July 2015 02:02:13

To deposit smaller amounts (below 20mil), there is usually no problem.

For bigger amounts - yes you need the contact - which you have.

I think they just don't want to pay you.

hs0zfe Serial expat

Member since 08 September 2014

hs0zfeSerial expat08 July 2015 02:10:56

234

Cheers, Simon. It's less than 20 M.

They told me "come to get cash". But when I came, they had no cash and made more promises

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