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Opening a local bank account

To obtain a Visa card in Vietnam, individuals with a tourist visa may face restrictions
To obtain a Visa card in Vietnam, individuals with a tourist visa may face restrictions. Some banks, like Vietcombank, may only allow account opening without immediate card issuance. A residence permit (ВНЖ) might be required for card issuance.
To open a bank account in Vietnam, visit BIDV or VRB
To open a bank account in Vietnam, visit BIDV or VRB. Bring your passport and a local phone number. The account can be opened in about 30 minutes, and the card will be ready in 10 days. Success may depend on the specific branch and manager; try another branch if the first attempt fails. BIDV may offer a simpler process with fewer forms and guidance on filling out applications compared to Vietcombank.
Explain the process and requirements for tourists to open bank accounts and obtain debit cards in Vietnam (e
Explain the process and requirements for tourists to open bank accounts and obtain debit cards in Vietnam (e.g., Vietcombank, BIDV). Note that having an e-visa might facilitate the process, but requirements can vary by bank and individual circumstances.
Opening a BIDV bank card in Vietnam is possible
Opening a BIDV bank card in Vietnam is possible. The card is issued for 5 years but may be linked to the visa's validity period; if the visa is near expiration, renewal might be required. Although some report cards continue to work after visa expiry or leaving Vietnam. If an account already exists, applying for a card takes about 10 business days. Visit any nearby branch.
Foreigners can open bank accounts in Vietnam
Foreigners can open bank accounts in Vietnam. Vietcombank (VCB) issues accounts and cards in about 3 hours (requires passport, VN phone number, and local address), which enables QR code payments. BIDV offers cards valid for up to 5 years. If opened using a 90-day e-visa, banks often freeze the account upon visa expiration until a new visa/stamp is presented. P2P transfers via platforms like Bybit to the local VN account are highly recommended for fund transfers.
Asking if the BIDV card works only within Vietnam, if it can be linked to Google Pay, and if it can be used for…
Asking if the BIDV card works only within Vietnam, if it can be linked to Google Pay, and if it can be used for payments on platforms like Airbnb and other services.
A user planning to open a bank account in Vietnam has noted that a visa is required
A user planning to open a bank account in Vietnam has noted that a visa is required. This highlights the necessity of obtaining the correct visa status for financial services.
Russian MIR cards have extremely limited utility in Vietnam, mainly restricted to cash withdrawals at specific bank ATMs
Russian MIR cards have extremely limited utility in Vietnam, mainly restricted to cash withdrawals at specific bank ATMs. For long-term stays, opening a local bank account (e.g., BIDV, Vietcombank) is recommended. The most cost-effective method for funding these accounts is via P2P exchanges (e.g., Bybit). Direct cross-border transfers from Russian bank cards to foreign accounts are inefficient due to poor exchange rates and high commissions.
When attempting to open an account and obtain a card at Vietcombank in Vietnam, it was stated that only an account…
When attempting to open an account and obtain a card at Vietcombank in Vietnam, it was stated that only an account could be opened, and a residence permit (ВНЖ) is required for card issuance.
Foreigners in Vietnam seeking to open or extend bank accounts often encounter requirements for a visa valid for at…
Foreigners in Vietnam seeking to open or extend bank accounts often encounter requirements for a visa valid for at least one year. Banks like VietinBank, BIDV, Sacombank, Vietcombank, and VPBank have been reported to deny account services to those without such a visa. This is a common hurdle for expatriates and long-term visitors.
Investigate the possibility of opening a bank account in Vietnam (specifically in Nha Trang) without possessing a visa
Investigate the possibility of opening a bank account in Vietnam (specifically in Nha Trang) without possessing a visa. Inquire about requirements and procedures, noting that some banks may require a visa.
To change the Vietcombank app language, toggle the flag icon on the login screen
To change the Vietcombank app language, toggle the flag icon on the login screen. Note that the interface may still display in Vietnamese after selecting English; check the password input field to confirm the language status. A passport and a local SIM card are typically required to open an account.
When opening a VCB (Vietcombank) and Bybit account, funding through P2P (Peer-to-Peer) transactions requires caution
When opening a VCB (Vietcombank) and Bybit account, funding through P2P (Peer-to-Peer) transactions requires caution. While P2P can be a way to transfer funds, banks may flag such transactions as suspicious, potentially leading to account blocks, especially if large sums are involved or if the transactions appear to be from Vietnamese individuals. It is advisable to use P2P cautiously and consider alternative funding methods if available.
To open a local bank account in Vietnam, you generally need an e-visa valid for over 45 days, a local phone number…
To open a local bank account in Vietnam, you generally need an e-visa valid for over 45 days, a local phone number registered in your name, and your passport. Some Vietcombank branches, particularly in Danang, may issue cards that remain active after your visa expires, though this is not guaranteed across all branches. VRB is a Russia-Vietnam project that does not serve individuals. If your e-visa is recent, obtain a local SIM card from an official provider (like Viettel) before visiting the bank, as this is often a prerequisite and is subject to verification.
Account blocking by VTB Bank while abroad, even without transactions, is a concern
Account blocking by VTB Bank while abroad, even without transactions, is a concern. Users report that VTB bank accounts can be blocked, requiring a visit to the bank in person. This situation can be problematic for individuals located internationally.