What do "people" do with their valuables?

Just curious to know what other people do with their valuables. Not looking to know what you are doing, just what you heard "others" are doing in regards to passports, cash,... Please don't divulge anything that could make you a target.

Here in the US, I have a safe at my place for my documents. Guess I can put them in a deposit box but that's a hassle if I need to get to them. Don't know if that's a service that Vietnamese banks offer. As far as cash goes, I can withdraw what I need for a week or 2 and keep it in my wallet. Little tougher to carry tens of millions of dongs in my wallet in VN and ATM are not as readily available depending where you live. Also how do landlords like the rent paid? Let's just say the rent is $1000. Even if you have the money transfer to you or withdraw from the bank, do they want you to give them 23M in cash or is there a cleaner/safer way to pay? Everything is electronic here in the US or old school checks but pulling out cash from a Vietnamese ATM multiple times to pay for rent could be a pain.

Just curious.

Thanks

- @qnbui

@OceanBeach92107 Thank you for the detailed explanation. I have Charles Schwab but my main bank is a Credit Union right now. I'll get a second bank that refunds ATM fees like Charles Schwab before I retire and move to VN so I have 2 sources of funds. I don't use hotel and AirBNB safes because they have override codes or keys for when guests leave and the code have been changed.

I had a safe for 14-years, no problems. Just use an ATM card each week, that way you dont need to carry much cash. Pay your landlord by e-banking. Hide money in a place at home that is very hard to find, the first thing thiefs will look for is a safe.

- @colinoscapee

must admit, this was going back a bit 2009 & ATM's dont divy out gold & diamonds like I said, would have been better under the bed even worse some of the stuff was not hers as she was running a dodgy road side pawn brokers/money lenders from the house like all her family did! But hey, just part of the Vietnam storey & makes a good yarn over some beers!

Pardon me if I'm wrong whereby never heard before in VN where ATM machine being hijack out from its foot print from the bank premises. Thief here is rather opportunistic than planned. By displaying a safe, it will be obvious that something is and will be important to be store inside. Unless for fire proof ( if you got one of these ), a safe is just a safe by its name and reality may not be the safe which it suppose to be. 

Important stuff, never leave your sight and bring along especially the passport as it can be use for identity verification should it happen to be stop by a Cong An. Could be inconvenience but staying vigilant is better to regret later. Leaving stuff at home, would deem the most dangerous place is the most safest place. Have it scattered around if you may. Rapport with neigbour / security guard is good as it will help to blow the primarily trumpet for potential break in. Not a fool proof though... but at least to mitigate at bare minimum.

Hard cash... nobody protect best than the ATM here in VN. Locality challenges, plan wisely. Pain in the arse occasionally is better than fallacious grievance even for that just 1 time. As for rent payment, believe the landlord is more than happy to receive a transfer payments. It will save him time and hell of fuel.

- @alexneoh

@colinoscapee

Can enlighten on what could possibly goes wrong? Likewise was told to hold my passport whenever I go but now seems otherwise. Thanks in advance.

- @alexneoh

@colinoscapee

Can enlighten on what could possibly goes wrong? Likewise was told to hold my passport whenever I go but now seems otherwise. Thanks in advance.

- @alexneoh

@OceanBeach92107  Correct. When I travel I have a thin moneybelt under my pants with cash, cards, Passport, IDP etc and a cheap knock off wallet in back pocket with USD 10 or 15 equivalent local currency. In Bali years back was pulled over by a local cop who said I failed to stop at the Stop Sign.  There was,  of course, no Stop Sign. I said, How much is the fine? And his answer, no kidding "How much you got?". So I pulled out my Decoy Wallet, opened it and he literally scooped out the 100,000 local and waved me on my way. Never argue. Never. I've had mates do 3 and 4 nights in a Kuta Cell for arguing and calling for their "rights". Collective GEESE!

"Vietnam is still a cash society. Only about 27% adults have bank accounts. "

Depends whose statistics you believe. The State Bank of VN states that 70% of adults now have bank accounts.

According to the State Bank of Vietnam's statistics in 2020, 70 per cent of adults in Vietnam have a bank account, but nearly half of them do not have access to credit.

- @colinoscapee

"Vietnam is still a cash society. Only about 27% adults have bank accounts. "

Depends whose statistics you believe. The State Bank of VN states that 70% of adults now have bank accounts.

According to the State Bank of Vietnam's statistics in 2020, 70 per cent of adults in Vietnam have a bank account, but nearly half of them do not have access to credit.

- @colinoscapee

"Vietnam is still a cash society. Only about 27% adults have bank accounts. "

Depends whose statistics you believe. The State Bank of VN states that 70% of adults now have bank accounts.

According to the State Bank of Vietnam's statistics in 2020, 70 per cent of adults in Vietnam have a bank account, but nearly half of them do not have access to credit.

- @colinoscapee

Corrected! It was a 2017 stat.

But, do you really believe 70%?  I say the State Bank is "misinforming". People in my hem are spending all the money they can scrounge every week. Anything saved is in a bag or box in the back.

- @gobot

"Vietnam is still a cash society. Only about 27% adults have bank accounts. "

Depends whose statistics you believe. The State Bank of VN states that 70% of adults now have bank accounts.

According to the State Bank of Vietnam's statistics in 2020, 70 per cent of adults in Vietnam have a bank account, but nearly half of them do not have access to credit.

- @colinoscapee

Corrected! It was a 2017 stat.

But, do you really believe 70%?  I say the State Bank is "misinforming". People in my hem are spending all the money they can scrounge every week. Anything saved is in a bag or box in the back.

- @gobot

Most workers are paid electronically now, to be paid electronically you need a bank account. If people dont like banks why are there over 40 different banks brands in Viet Nam. People also do a lot of online shopping, transfers, bill payments online, all these need bank accounts.

- @colinoscapee