Opening bank account in Vietnam

Is it possible to open bank account in Vietnamese bank for tourist?

Yes, you can open a bank account while you are in Vietnam. There is a wide range of selection for you.

Vietcombank – No minimum balance required, free ATM withdrawals, but you have to show a local pay stub to prove the source of the funds. Easy. Take you passport. A small amount is needed to start the account.

Vietcombank
Operations Center: 198 Tran Quang Khai, Hanoi
Tel: 84-4-824 9748/825 9859/824 8922
Fax: 84-4-824 1395

ANZ - $300USD minimum balance required, no charge for ATM’s. Internet banking is free, and there are more than 25 ANZ ATM’s in Saigon alone now. Everything is in English and pretty easy for international transfers. The ATM card they issue you is a Visa Debit card.

ANZ Bank
Email: enqanzvn@anz.com
Phone: 1800 1559 24 hours, 7 days (Toll free in Vietnam)
Calls from overseas: +84 4 8258190, then extension 3
14 Le Thai To Street, Hanoi (84-4) 8258 190 (84-4) 8258 188

Sacom Bank: Cheap service plus internet banking. It also sends you a SMS after each transaction confirming the transaction amount and the balance remaining in your account. The ATM card issued is also a Visa Debit card. Most things done in Vietnamese, however, it is not the problem.

Sacom Bank
Head Office: 266 - 268 Nam Ky Khoi Nghia St, Ward 8, Dist 3, HCM City, Vietnam
Tel: (08)9.320.420 - Fax: (08)9.320.424
Email: info@sacombank.com
Website: www.sacombank.com.vn
Swift Code: SGTTVNVX - Chips UID: 364442

All banks in Vietnam will require you to prove the source of the funds for over the counter deposit. If you are transferring funds internationally into the account, then no problems. There are other ways around this - but just not as easy to simply walk into a bank and deposit funds.

By JimboJones – Thorn Tree

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