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Treasury Products

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Treasury Products

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Chọn mục

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Purposes of purchasing foreign currency

Study

CLIENT

Student, relatives, authorized party

LIMIT

Equal to tuition fee or living expenses stated on school's notice

If there is no specific number, the limit should not exceed GDP per capita of the country customer study

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DOCUMENTS & SAMPLE

Student's passport, Personal Identification card and/or relatives relationship confirmation/ authorized document

Visa/ I20/ Permanence resident/ Admission confirmation letter/ Student card

The notice of tuition fee/living expenses from school

Sample

Healthcare

CLIENT

Patients, relatives, authorized party

LIMIT

Equal to the amount stated on treatment expenses/ living expenses notice

If there is no specific number, the limit could not exceed the GDP per capita of the country customer has treatment

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DOCUMENTS & SAMPLE

Passport, Visa (if required), Personal Identification card and relatives relationship confirmation/ authorized document

Treatment with estimated expenses attached (if any) noticed by overseas healthcare agent

Sample

Traveling/ Visiting/ Business Trip

CLIENT

Travellers, visitors, authorized party

LIMIT

Maximum equal to the GDP of the visited country for Travel/Visit/Business trip and not exceeding 5,000 USD per trip (equivalent conversion)

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DOCUMENTS & SAMPLE

Vietnamese passport of traveller/ visitor

Visa of traveller/ visitor (If required)

Electronic air ticket/ Other electronic transportation ticket/ Booking confirmation through agents

Sample

Immigration

CLIENT

Vietnamese residients

LIMIT

According to the valuation of official properties was born in Vietnam before immigration permit

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DOCUMENTS & SAMPLE

Personal identification documents of immigrants

Foreign passport/ Overseas residence permit

Document of official customer's properties

Sample

Allowances

CLIENT

Vietnamese residents

LIMIT

The limit should not exceed GDP per capita of the country beneficiary person living

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DOCUMENTS & SAMPLE

Personal identification documents of immigrants, relatives relationship confirmation

Vietnamese passport and Visa/ Overseas residence permit/ Certificate of visa exemption/ Foreign passport

Sample

Income transfering for Foreigners/ Vietnamese non-residents

CLIENT

Foreigners/ Vietnamese non-residents

LIMIT

Equal to the amount stated on customer's income statement

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DOCUMENTS & SAMPLE

Passport

Visa / Overseas residence permit/ Certificate of visa exemption/ Foreign passport

Document of official customer's properties

Sample

Inheritance

CLIENT

Inherited beneficiary

LIMIT

According to the valuation of official inheritance properties

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DOCUMENTS & SAMPLE

Personal identification documents of inherited beneficiary

Visa / Overseas residence permit/ Certificate of visa exemption/ Foreign passport

Document of official inheritance's properties

Sample

Overseas charges

CLIENT

The buyer of commodities & services

LIMIT

According to the amount stated on the notice of fees from abroad

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DOCUMENTS & SAMPLE

Personal identification documents of the payer

Notice of expense payment

Sample

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FAQs link

View all

Can Vietnamese residents buy foreign currency and make overseas transfer?

Pursuant to the regulation on foreign exchange control issued by State Bank of Vietnam, Vietnamese residents are allowed to purchase, transfer or carry foreign currencies abroad for some specific purposes, provided that the appropriate documents have been submitted. Purposes include:

Payment of studying or medical treatment abroad;
Business trip, tourism, visiting abroad;
Payment of fees and charges overseas;
Allowance for relatives living abroad;
Transferring inheritance money to heirs living abroad;
Transferring money in case of immigration;
One-way money transferring for other legitimate needs.

Can Vietnamese residents buy foreign currency in cash at VIB bank?

Yes, Vietnamese residents are allowed to buy foreign currency in cash for the following purposes:

Payment of studying and getting medical treatment abroad;
Business trip, traveling, visiting abroad

Are foreign customers allowed to receive money transferred from abroad at VIB?

Yes, customers have to provide a valid passport, entry visa or proof of visa exemption

Can Foreigners working in Vietnam with legal income in VND and have deposits account buy foreign currency from this account to transfer abroad?

Yes and the Bank will make conversion from VND to foreign currency for overseas transfer at the exchange rate of the transfer date

I have a deposit account at VIB, can I receive money from oversea to that account?

Yes, you can receive money from abroad to your respective foreign currency account or your VND account at VIB

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