Where to exchange currency in Vietnam?

Exchanging Currency in Vietnam: A Guide

When traveling to Vietnam, it’s important to know where you can exchange currency safely and conveniently. Here are some recommended options:

Banks

Banks in Vietnam are known for offering secure and reliable currency exchange services. Some of the most trusted banks include:

• BIDV (Bank for Investment and Development of Vietnam)
• Agribank (Vietnam Bank for Agriculture and Rural Development)
• Vietcombank (Joint Stock Commercial Bank for Foreign Trade of Vietnam)
• Vietinbank (Vietnam Joint Stock Commercial Bank for Industry and Trade)

These banks have branches throughout Vietnam, making it easy to find a location near you.

Other Reputable Institutions

In addition to banks, there are other reputable institutions that offer currency exchange services:

• Eximbank (Export-Import Bank of Vietnam)
• Techcombank (Vietnam Technological and Commercial Joint Stock Bank)

These institutions also have a wide network of branches and provide competitive exchange rates.

When and Where to Exchange

The best time to exchange currency is typically during the morning or afternoon, when the banks and other institutions are open. Avoid exchanging currency at airports or tourist areas, as the rates may be less favorable.

Fees and Rates

Exchange rates vary depending on the bank or institution and the amount of currency being exchanged. It’s recommended to compare rates at different locations before making a transaction. Some banks may charge a small fee for currency exchange services.

Identification Required

When exchanging currency in Vietnam, you will need to provide a valid passport or identity card.

Tips

• Always check the exchange rate before making a transaction.
• Count the currency carefully before leaving the counter.
• Keep a record of your exchange receipt for future reference.
• Consider exchanging a small amount of currency upon arrival to avoid carrying large sums of cash.
• Be aware of scams and always exchange currency at reputable institutions.

By following these guidelines, you can ensure a safe and convenient currency exchange experience in Vietnam.