Vietnamese exchange rates12/24/2022 In Vietnam, the black market operates quite liberally. In addition, it is considered illegal and unsafe. Although it is convenient and simple, the prices are relatively low. They can ask receptionists at hotels, tour guides, waiters at restaurants or bars in backpacker areas, owners at AirBnb to exchange currencies. Sometimes, travelers need to exchange $50-100 USD into Vietnamese Dong but do not have time to go to bank branches or money changers. Exchange currency with a Vietnamese citizen It is a good choice to exchange currency at gold shops which can do the exchange legally because gold shops usually offer high exchange rates. Not all gold shops in Vietnam are allowed to exchange currency. Prior to September 2019, there are more than 1,300 branches, occupying 50% of the bank branches in the entire country. The top banks having the largest numbers of branches in Vietnam include Agribank, LienVietPostBank, VietinBank, BIDV, Sacombank, Vietcombank, ACB, Techcombank, SHB, MB Bank, Maritime Bank. Shinhan Bank and Standard Chartered Bank are good foreign banks in the country. Most trusted Vietnam’s commercial banks in 2019 listed by Vietnam Report include Vietcombank, VietinBank, Techcombank, BIDV, MB Bank, VPBank, Agribank, ACB. *Note: if the after clicking a link with English note but the language is in Vietnamese, find a language bar at the top or bottom of the website to change the language into English. Maritime Bank exchange rate (not official site of Maritime Bank, Vietnamese).VietinBank exchange rate (English), VietinBank exchange rate (Vietnamese).You can check the exchange rates at top banks in Vietnam by visiting the following links: Visit websites of top banks, compare exchange rates and go to the bank having the highest rate to exchange your money. It is difficult to tell you which bank is the best place to exchange money. Exchange rates offered by different banks change every day. Vietnam has about 50 public banks, foreign banks, joint-stock commercial banks and more than 5,000 bank branches. For example, they close from 11:30 AM to 1:00 PM. Bank branches usually close for lunch.Old and damaged notes can not be accepted at banks.Exchanges rates offered by banks are usually lower than at gold shops and currency exchange shops.Customers avoid getting ripped off by thieves.There are air-conditioning systems so that customers feel comfortable despite a long time waiting.But they always do their best to help foreigners who do not speak Vietnamese. They may speak English fluently, some English or limited English. Well-trained staff is friendly and helpful.Safe places where there are security cameras and security guards.Customers do not need to worry about fake money.Trusted and legal places to exchange money.Where to exchange currency in Vietnam? Banks Read more about Top 10+ Essential Travel Apps you need for a trip to Vietnam. You can also install XE Currency Converter & Money Transfer app on your smartphones and use excellent features. The most useful functions of XE are perhaps the currency converter which calculates live currency and foreign exchange rates. You can visit xe.com – a website offering free historical charts and rate tables and providing a foreign exchange service. How to calculate live currency and foreign exchange rates? Summary on the ultimate to guide to exchange currency in Vietnam.How to avoid being ripped off in Vietnam?.Best places to exchange currency in Danang.Best places to exchange currency in Ho Chi Minh City.Best places to exchange currency in Hanoi.Exchange currency with a Vietnamese citizen.Pros of exchanging money at gold shops:.Money exchange shops inside or around tourist attractions and at airports.How to calculate live currency and foreign exchange rates?. The case is expected to be transferred to the Federal Court, if the Magistrates' Court decides there is enough evidence to proceed. Mr Sims also confirmed the AFP and ACCC have been increasingly sharing more information with each other to expand their reach. Individuals who are found guilty of perpetrating criminal cartel offences can face a maximum of 10 years' imprisonment and fines of up to $420,000 per offence. The charges against the company and five individuals were the result of a joint investigation by the AFP and the ACCC, under the code name Operation Euporie. On that basis, 25 per cent of the $700 million (transferred from Australia to Vietnam each year) equates to $175 million each year. " alleged behaviour is extremely serious and relates to over two-thirds of all the number of money transfer transactions, and almost a quarter of the amount of money transferred, from Australia to Vietnam during the relevant period." "Remittances from Australia to Vietnam - often by Vietnamese people living here, sending money back home - is about $700 million a year," he said.
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