How much does ATM charge to withdraw?

ATM Withdrawal Fees in Vietnam: A Comprehensive Guide

When you’re traveling abroad, knowing how much it costs to withdraw money from an ATM is essential for budgeting and planning. In Vietnam, ATM withdrawal fees vary significantly from bank to bank.

Bank-Specific Charges:

• BIDV: 3% of the withdrawal amount
• Agribank: Fixed fee of 22,000 VND

Free Withdrawals with Limits:

• TPBank: Up to 5,000,000 VND per day
• VPBank: Up to 5,000,000 VND per day

Comparison and Tips:

If you’re withdrawing a small amount, Agribank’s flat fee is more cost-effective. However, for larger withdrawals, BIDV’s percentage fee is more advantageous. If you plan on making multiple withdrawals, TPBank and VPBank offer free withdrawals up to their daily limits.

Other Considerations:

• Some international banks may charge additional fees for foreign transactions.
• ATMs in remote areas or tourist destinations may have higher fees.
• Always check the ATM screen for any fees before completing your transaction.

Minimizing Fees:

• Stick to ATMs of the banks mentioned above for free or lower-cost withdrawals.
• Withdraw larger amounts less frequently to avoid multiple fees.
• Consider using cash advance services offered by some credit cards, which may have lower fees.

By understanding the different ATM withdrawal charges in Vietnam, you can avoid unexpected expenses and make informed decisions while managing your finances. Whether you’re withdrawing for everyday use or planning a memorable trip, these tips will help you keep more money in your pocket.