Limit of money transfer from abroad to Vietnam is always the first question asked to the sender. With the first transaction, we do not know what the maximum limit is. Don't know where to ask, today Thongtinbank.com will help you learn about this issue.
Transfer limit is the amount we can send in 1 transaction. You can't just send money as much as you want. Each country has a separate foreign currency management policy to avoid inflation. There are many ways to send money from abroad to Vietnam such as via bank, Western Union or Money Gram… Each way will have its own regulations, below I will help you to know that information.
Limit of money transfer from abroad to Vietnam
We can make transfers from USD, Euro, AUD, SGD, GBP, CAD… Each country will have its own regulations on the maximum limit for transferring money from abroad to Vietnam. Therefore, only when you go to money transfer services and ask directly, you can know.
But below are 2 money transfer limits that we can still know. It is Western Union, Money Gram service and visa card. As for how to transfer money via bank, only going to the bank and asking will know.
Note to readers, there is currently a scam to send money through the black market. Please be careful and check carefully to not be scammed.
Money transfer limit when using Western Union, Money Gram
Western Union Service, Money Gram is one of the leading money transfer companies in the world. With a large amount of money transfer in 1 time, customers can transfer from 7000 – 10,000 USD for 1 transaction or 20% The total amount of inheritance is worth $50,000.
This is a reputable service, so we can rest assured. With simple sending steps and recipients in Vietnam are also easy to receive. Just go to a bank or use a bank to receive remittances. The fee for this form of money transfer is also quite low, only 0.3% of the total amount sent.
With bank transfer services in the host country. Because each bank and country has its own regulations. That's why we don't know money transfer limit from abroad to Vietnam How much is it by bank? We cannot provide this information to you exactly. So you go to the bank branch there and ask for details.
How long does it take to transfer money from abroad to Vietnam?
Money transfer services in the world are now quite convenient for customers to use. Banks around the world participate in SWIFT organization. So the money transfer is also quite different.
Usually if you transfer money in the form of sending from a bank. Time to receive money in Vietnam will take about 5 to 7 days or even longer.
But if you use some money transfer services like Western Union, Money Gram, you can receive money immediately. Just have 10 secret codes to receive money.
Fee for transferring money from abroad to Vietnam
The fee schedule for transferring money from abroad to Vietnam does not have a specific card level. Because each bank, country will have its own regulations on this issue. Therefore, the transfer fee will also be different.
Fees will be calculated as a percentage of the deposit amount. For example, you deposit 10,000 USD and the fee is 0.03%, the fee amount is 30 USD.
How to transfer money from abroad to Vietnam
When transferring money from abroad to Vietnam, you need to understand the transaction process. Because of international interbank money transfer, we will have to do it carefully.
Note: When transferring money, it is necessary to understand the following information.
- Name and address of the recipient.
- Transaction name in English of the receiving bank in Vietnam.
- Swift code of the receiving bank.
- The recipient's phone number and address.
Step 1: Go to the transaction location of a bank or money transfer company abroad.
Step 2: Apply for money transfer paper and fill out all transaction information.
Step 3: Return the paper and the fee and the amount you want to transfer.
Step 4: Notify people in Vietnam to go to the bank to receive money or the bank will automatically add to the account.
In the above article, it has partly answered for readers to know how much is the maximum amount of money sent from abroad to Vietnam. Hope it has helped you to be knowledgeable and prepared in advance in sending money. Good luck!
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