Money Transfers and Exchange in Vietnam: real experience from chats
From real experience
how-toThe Zolotaya Korona (Golden Crown) service can be used to transfer money internationally.
For currency exchange into Vietnamese Dong (VND), one can purchase US Dollars through Zolotaya Korona, which are then credited as VND to a Vietnamese bank account. The exchange rate is visible during the transaction, and it's important to check the final amount of VND received. Commission details should also be reviewed during the process, though the exchange rate displayed usually incorporates all costs.
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riskWithdrawing cryptocurrency (e.g., USDT from Bybit) to a Vietnamese bank account typically involves a peer-to-peer exchange.
The buyer sends VND to the seller's Vietnamese account after receiving the crypto. This process may carry risks, and data privacy regarding transfers to Russia should be investigated with the specific platform (Bybit) and potentially local financial regulations.
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how-toWhen purchasing US Dollars for international transfers, cards like Ozon or Raiffeisen might be used, though Ozon has recently had issues.
It is advisable to check current card compatibility with transfer services.
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tipFor a quick mental conversion from Vietnamese Dong (VND) to Russian Rubles (RUB), drop the last three zeros (thousands) and multiply the remaining number by 3. For example: 352,000 VND becomes 352 * 3 = 1,056 RUB.