2 Fastest and simplest ways to withdraw money from Momo Wallet 2022

Momo is electronic wallet has the largest number of users in Vietnam today with the main function of paying bills and transferring money between Momo e-wallets. However, another function that is also used by many customers is withdrawal.

So how? withdraw money from Momo Wallet how? Is there a fee? Join Banktop to learn the two simplest and fastest ways to withdraw money from Momo Wallet today through the content of this article!

How can I withdraw money from Momo Wallet?

In order to facilitate customers to withdraw money from Momo Wallet fastest, simplest operation, Momo e-wallet Implemented 2 methods of withdrawal as follows:

Withdraw money from MoMo to your linked bank account.

Withdraw cash MoMo at the transaction point.

There are 2 ways to withdraw money from Momo Wallet

Each withdrawal method will have its own advantages and depending on the needs and purposes of withdrawal, you will choose to withdraw in the most suitable form. Such as:

Withdrawing money from Momo wallet to a linked bank account makes it easy for you to manage your finances, or use it to pay bills online, or for services that need to transfer money online, which is extremely simple and convenient. More convenient.

Withdrawals at MoMo transaction points are made when you have a need to use services that are required to pay in cash.

Find out information about Momo wallet scam is it true?

How to withdraw money from Momo Wallet to linked bank account

Detailed instructions

Step 1: Go to the MoMo app, then select the icon Withdraw money.

Step 2: Enter the amount you want to withdraw (50,000 won – 20,000,000 VND VND) > select Withdraw money.

Step 3: Enter password of the MoMo application you have installed.

Step 4: Choose Confirm to complete the transaction.

Advantages of withdrawing money from Momo wallet to bank account/ATM card

The method of withdrawing money from Momo e-wallet to a bank account/ATM card has some outstanding advantages such as:

Transactions make quick results: You just need to perform a few operations, almost immediately money from MoMo will be transferred to your bank account immediately.

Limit the wrong withdrawal: MoMo only allows customers to withdraw money from MoMo to the linked bank account.

High security: MoMo and extremely secure withdrawal service, when each operation you have to re-enter the password to use.

Maximum customer support limit for withdrawals: MoMo supports users to withdraw money with a high value of up to VND 20,000,000. However, this limit depends on the customer's bank as well as the account verification status.

The system works continuously: The system to withdraw money from MoMo to a bank account operates 24/7 and is operated online. Therefore, you can withdraw money to your bank account anytime, anywhere, whenever you need to use it.

Withdrawal conditions

To be able to withdraw money from Momo wallet to your bank account, you need to meet some of the following conditions:

Must register for Internet Banking service with a bank account that needs to be linked with MoMo, and at the same time use the bank's SMS authentication method.

MoMo wallet account must have 50,000 VND or more, because the lowest withdrawal limit from MoMo to a bank account is 50,000 VND.

The maximum amount you can withdraw to your bank account from MoMo wallet is VND 30,000,000/day.

Fee for withdrawing money from MoMo to ATM card/bank account

MoMo offers free support for users to withdraw money to their bank accounts up to 10 times/month and the total transaction limit must be less than or equal to VND 50,000,000.

In the remaining cases, the transaction fee will be calculated according to the following regulations:

In the first 10 withdrawal transactions in a month, if the withdrawal amount exceeds VND 50,000,000, the withdrawal fee is 0.5% x The difference in withdrawal exceeds VND 50,000,000.

Transactions from the 11th onwards withdrawal fee is charged at 0.5% x Transaction Amount.

see more: Which banks is Momo affiliated with?

How to withdraw money from Momo wallet at MoMo Deposit/Withdrawal Points

Detailed instructions

Step 1: Find and go to the nearest MoMo Transaction Point (search on MoMo wallet app, Deposit/Withdrawal section; or on MoMo wallet website: https://momo.vn/timdiemgiadich).

Step 2: On MoMo app, go to Withdrawal -> Withdraw at MoMo Deposit/Withdrawal Point -> Enter the amount you want to withdraw -> Continue to the step to generate a QR code containing the withdrawer's information, the amount.

Step 3: Give the newly created QR code to Transaction Point staff.

Step 4: Transaction point staff scan QR code, confirm transaction information.

Step 5: Complete. Get cash from the Trading Point.

Advantages when withdrawing money from MoMo at transaction points

The form of withdrawing money from Momo Wallet at the deposit / withdrawal point has some outstanding advantages such as:

Withdrawal at transaction points with a system of more than 5000 withdrawal transaction points across the country makes withdrawal simpler and more convenient.

Withdrawal operations at MoMo's transaction points are extremely fast, ensuring that users will promptly handle personal financial issues as quickly as possible.

Many transaction points operating 24/7 will help you withdraw money anytime, anywhere, whenever there is a need.

Similar to withdrawing money at ATMs, you can withdraw a minimum of VND 50,000 and a maximum of VND 5,000,000/transaction.

MoMo cash withdrawal conditions at Momo deposit/withdrawal points

To successfully withdraw money at MoMo's transaction points, withdrawers must meet the following conditions:

The balance in the wallet must be greater than the amount to withdraw and must be at least 50,000 VND.

To ensure more convenient and easy withdrawal, it is best to bring your ID card or CCCD card to the deposit and withdrawal point.

Requires customers to provide a QR code to confirm the withdrawal before it can be done successfully.

Tariff

Transaction value (VND)	Service fee (VND)
Transaction value (VND)	Until the end of May 31, 2021	From June 1, 2021
50,000 – 1,000,000 VND	8,000 won	0.6% / transaction value
1,000,001 – 2,000,000 VND	12,000 won
2,000,001 – 3,000,000 VND	20,000 won
3,000,001 – 5,000,000 VND	35,000 won

Note:

Service fee will be deducted from customer's MoMo Wallet account

Withdrawal amount: Minimum 50,000 VND/transaction; maximum VND 5,000,000/transaction.

Fees include VAT.

How to look up Momo deposit/withdrawal points?

If you want to deposit / withdraw money from Momo Wallet at the deposit / withdrawal point but do not know how to look up the address, you can refer to some of the ways below.

– 1 . way: Look up on Momo app (like the content I shared above)

– Way 2: Search through Momo website by following the steps below.

Step 1: Visit the lookup page at this.

Step 2: Choose Province/City, Districtservice point (All box) according to your needs and press Search.

Step 3: The results will display a list of stores with name, detailed address and nearest directions link.

Step 4: You click on the Directions link, the Google Maps window will appear. Now you follow the directions to get to the withdrawal point.

Learn the fastest and easiest way to transfer money from Momo

Conclusion

In this article, I have shared the fastest and simplest way to withdraw money from Momo Wallet. Depending on the purpose you withdraw money for? Is it necessary to withdraw cash to choose the appropriate withdrawal method? Good luck!

The article was edited by: banktop.vn