Something strange....

Pretty normal.  I was never able to deposit cash either so I gave it to my wife and she deposited it in her bank without issue.  They don't like untraceable sources for foriegners but my wife depositing 2billion didn't get a second look.

Same here with sending money out. My wife can walk in and deposit money to send out of the country no questions asked. ,  I cant, even though I have all the transfer documents of nearly every dollar I have sent to VN, they asked me for a papertrail from 2008 to 2021.

colinoscapee wrote:

Same here with sending money out. My wife can walk in and deposit money to send out of the country no questions asked. ,  I cant, even though I have all the transfer documents of nearly every dollar I have sent to VN, they asked me for a papertrail from 2008 to 2021.

Your wife can send money out? via wire transfer or how? how much without question? If you don't mind.

MikeTVN wrote:

colinoscapee wrote:

Same here with sending money out. My wife can walk in and deposit money to send out of the country no questions asked. ,  I cant, even though I have all the transfer documents of nearly every dollar I have sent to VN, they asked me for a papertrail from 2008 to 2021.

Your wife can send money out? via wire transfer or how? how much without question? If you don't mind.

My wife can send it out due to having a permanant residence visa for Australia. She can send up to 10 billion vnd, which is our preferred currency to transfer out.

colinoscapee wrote:

MikeTVN wrote:

colinoscapee wrote:

Same here with sending money out. My wife can walk in and deposit money to send out of the country no questions asked. ,  I cant, even though I have all the transfer documents of nearly every dollar I have sent to VN, they asked me for a papertrail from 2008 to 2021.

Your wife can send money out? via wire transfer or how? how much without question? If you don't mind.

My wife can send it out due to having a permanant residence visa for Australia. She can send up to 10 billion vnd, which is our preferred currency to transfer out.

Thanks Colin. So if my wife has dual citizenship VN/USA she can send that amount out to the US with no problem via wire transfer? Seems to be so if that is what your saying.

MikeTVN wrote:

colinoscapee wrote:

MikeTVN wrote:

Your wife can send money out? via wire transfer or how? how much without question? If you don't mind.

My wife can send it out due to having a permanant residence visa for Australia. She can send up to 10 billion vnd, which is our preferred currency to transfer out.

Thanks Colin. So if my wife has dual citizenship VN/USA she can send that amount out to the US with no problem via wire transfer? Seems to be so if that is what your saying.

My wife doesnt have dual citizenship, she has a permanent residency visa which allows her to send money before she moves.

colinoscapee wrote:

MikeTVN wrote:

colinoscapee wrote:

My wife can send it out due to having a permanant residence visa for Australia. She can send up to 10 billion vnd, which is our preferred currency to transfer out.

Thanks Colin. So if my wife has dual citizenship VN/USA she can send that amount out to the US with no problem via wire transfer? Seems to be so if that is what your saying.

My wife doesnt have dual citizenship, she has a permanent residency visa which allows her to send money before she moves.

Can you explain that a bit more thoroughly if you would please. So a VN citizen can only send money to the foreign before they obtain that foreign citizenship and only during the permanent residency period? What docs would she need to present to the bank to show this? Thanks

MikeTVN wrote:

colinoscapee wrote:

MikeTVN wrote:

Thanks Colin. So if my wife has dual citizenship VN/USA she can send that amount out to the US with no problem via wire transfer? Seems to be so if that is what your saying.

My wife doesnt have dual citizenship, she has a permanent residency visa which allows her to send money before she moves.

Can you explain that a bit more thoroughly if you would please. So a VN citizen can only send money to the foreign before they obtain that foreign citizenship and only during the permanent residency period? What docs would she need to present to the bank to show this? Thanks

You should get your future wife to contact her bank.

colinoscapee wrote:

You should get your future wife to contact her bank.

The shortest distance between two points is a straight line.

colinoscapee wrote:

She can send up to 10 billion vnd, which is our preferred currency to transfer out.

Aren't there additional declarations as that amount is an equivalent well over the $5000 international anti-money laundering agreements, or is this only a hypothetical for you.

THIGV wrote:

colinoscapee wrote:

She can send up to 10 billion vnd, which is our preferred currency to transfer out.

Aren't there additional declarations as that amount is an equivalent well over the $5000 international anti-money laundering agreements, or is this only a hypothetical for you.

That was the reply from the bank, the figure I quoted was theirs. Legally you can also send 45k a year from Vietnam to your spouse in another country.

I cant, even though I have all the transfer documents of nearly every dollar I have sent to VN, they asked me for a papertrail from 2008 to 2021.

bernardandrews661 wrote:

I cant, even though I have all the transfer documents of nearly every dollar I have sent to VN, they asked me for a papertrail from 2008 to 2021.

What is the point of this?

I think before long everyone will embrace and start using some form of ethercoin to transfer money out and skip the money changers and problems with VN government.  There are certain coins that are tied to the USD and don't have the large fluctuations of bitcoin and are used just to move money.  Buy it in Vietnam and cash it out wherever you need it.  I haven't done it yet but I likely will in the future.

SteinNebraska wrote:

There are certain coins that are tied to the USD and don't have the large fluctuations of bitcoin and are used just to move money.

The problem is that although you may have innocent motives, not all do.  The main problem is money laundering.  The world's governments are generally one or two steps behind but sooner or later they will find a way to shut it down, and it won't only be Vietnam.

CHRISLANGTON wrote:

Something strange  today. When I tried to deposit some cash at my local bank, they refused “because  I’m a foreigner.”
The Relationship Manager came to explain that (like any other foreigner) I’m welcome to pay money in at the ATM.  He says it’s a Govt. ruling not something specific to my particular bank.
I’m happy to use the machine if it avoids the inside wait .... but it feels like foreigners being ‘relegated.’ 
Anyone else had similar experience?

When you say 'some', how much are we talking about?...

I've tried to deposit around 5 million to 10 million Vietnamese dong at Sacombank counter and manager has become interested and told me that some government regulation or other prevents us from accepting the deposit.

To begin with I use to argue with the manager to see if they budge, then learnt that it's easier to just walk out, go the branch around the corner and cashier and manager were more than willing to accept.