Can I transfer from Wise to Vietnam bank account?

Transferring Funds from Wise to Vietnam Bank Account

Wise, a leading international money transfer service, offers secure and cost-effective solutions for sending funds to Vietnam. Whether you need to support family and friends, make business transactions, or pay for goods and services, Wise provides a convenient and affordable way to transfer Vietnamese Dong (VND) to bank accounts in Vietnam.

Benefits of Using Wise for Transfers to Vietnam

• Transparent Fees: Wise charges a transparent 1.5% fee on all transfers to Vietnam, ensuring that you know exactly how much you’re paying upfront.
• Real Exchange Rates: Wise uses real exchange rates to convert your currency, providing you with the best value for your money.
• Seamless Experience: You can initiate transfers directly from Wise’s website or mobile apps, making the process quick and easy.
• Direct Bank Deposits: Wise transfers funds directly to bank accounts in Vietnam, ensuring timely and reliable delivery.

How to Transfer Funds from Wise to Vietnam Bank Account

1. Create a Wise Account: If you don’t already have a Wise account, create one by visiting the Wise website or downloading the app.
2. Set Up Your Transfer: Enter the amount you wish to send, select VND as the currency, and choose a Vietnamese bank account as the recipient.
3. Verify Recipient Information: Make sure the bank account details are correct to avoid delays or errors.
4. Choose a Payment Method: Wise supports various payment methods, including bank transfers, credit/debit cards, and Apple Pay/Google Pay.
5. Initiate Transfer: Once you confirm the details and payment method, Wise will process the transfer and provide you with a tracking number.

Processing Time and Fees

The processing time for Wise transfers to Vietnam is typically 1-2 business days. However, it may vary depending on the payment method and the recipient’s bank.

The 1.5% fee charged by Wise is deducted from the total amount you transfer. For example, if you send £100 to a Vietnamese bank account, you will receive approximately 840,000 VND after the fee has been deducted.

Conclusion

Wise is a trusted and affordable option for transferring funds to Vietnam. With its transparent fees, real exchange rates, and convenient platform, you can send money to Vietnamese bank accounts quickly and securely. Whether you’re supporting loved ones, making business transactions, or purchasing goods and services, Wise offers a reliable and cost-effective solution for your international money transfer needs.