Services & Procedures

Fast service; simple and secure procedures

Extensive network

Over 1,000 transaction offices nationwide and a large network of correspondent banks and money transmitters all over the world

Charges & Rates

Competitive service charges and attractive exchange rates

ELIGIBILITY OF USE
  • 1. How to send money:
  • - Present valid identification documents and outward remittance documents.
  • - Complete BIDV's Outward Remittance form with following information: (i) Receiving bank: name, address, swiftcode (if any); (ii) Beneficiary: Account number, account holder, address; (iii)  Transfer purpose.
  • 2. How to receive money:
  • - Sender should provide Sending bank with following information:
  • (i) Receiving bank: Joint Stock Commercial Bank for Investment and Development of Vietnam, swift code: BIDVVNVX (ii) Beneficiary: account number or ID number, beneficiary's name and address, phone number (if any).
  • - Receiver should present valid identification documents (in case of money receipt by identification document) or BIDV automatically credits to the beneficiary's bank account at BIDV.
  • - SMS notification (in case customers use BIDV SMS Banking) will be sent to customer's mobile number when the transferred money is credited to customer's account.
MAIN INFORMATION
  • Product features:
  • - Money can be transferred via or received at BIDV with or without customer's bank account.
  • - Various currencies transferred/received.
  • - Combined with "Study abroad with BIDV" package, the International Money Transfer service provides an all-in solution from document preparation, studying overseas until program completion and students coming back to Vietnam.
  • - Multiple channels of inward remittance:

 

Inward remittance from Korea via KEB Hanabank
  • This service will allow customers to send money from Korea to Vietnam via KEB Hana Bank easily,  fast, conveniently and securely.

    Requirements:

    Vietnamese, Foreigners living abroad for over 12 months can receive money in foreign currency/VND in accordance with Vietnam's foreign exchange regulations.

    Procedures:

    - For customers who receive cash, please present:

    + Valid identification document

    + Letter of Authorization (in case the customer is authorized to BIDV to receive money).

    - For customers who having bank accounts, BIDV automatically credits to beneficiaries' bank account. 

Inward remittance from Taiwan via Metrobank
  • This service will allow customers to send money from Taiwan to Vietnam via Metrobank easily,  fast, conveniently and securely.

    Requirements:

    Vietnamese, Foreigners living abroad for over 12 months can receive money in foreign currency/VND in accordance with Vietnam's foreign exchange regulations.

    Procedures:

    - For customers who receive cash, please present:

    + Valid identification document

    + Letter of Authorization (in case the customer is authorized to BIDV to receive money).

    - For customers who having bank accounts, BIDV automatically credits to beneficiaries' bank account. 

Inward remittance from Malaysia via Vid Public Bank
  • This service will allow customers to send money from Malaysia to Vietnam via Vid Public Bank easily,  fast, conveniently and securely.

    Requirements:

    Vietnamese, Foreigners living abroad for over 12 months can receive money in foreign currency/VND in accordance with Vietnam's foreign exchange regulations.

    Procedures:

    - For customers who receive cash, please present:

    + Valid identification document

    + Letter of Authorization (in case the customer is authorized to BIDV to receive money).

    - For customers who having bank accounts, BIDV automatically credits to beneficiaries' bank account

Inward remittance from Cambodia via Bank Investment and Development of Cambodia (BIDC)
  • Customers who want to send money from Cambodia to Vietnam can choose the money transfer service of BIDV - BIDC which is very simple, fast and convenient.

    Requirements:

    Vietnamese, Foreigners living abroad for over 12 months can receive money in foreign currency/VND in accordance with Vietnam's foreign exchange regulations.

    Procedures:

    - For customers who receive cash, please present:

    + Valid identification document

    + Letter of Authorization (in case the customer is authorized to BIDV to receive money).

    - For customers who having bank accounts, BIDV automatically credits to beneficiaries' bank account. 

Inward remittance from Taiwan via Cathay United Bank (CUB)
  • Customers who want to send money from Taiwan to Vietnam can choose the money transfer service of BIDV - CUB which is very simple, fast and convenient.

    Requirements:

    Vietnamese, Foreigners living abroad for over 12 months can receive money in foreign currency/VND in accordance with Vietnam's foreign exchange regulations.

    Procedures:

    - For customers who receive cash, please present:

    + Valid identification document

    + Letter of Authorization (in case the customer is authorized to BIDV to receive money).

    - For customers who having bank accounts, BIDV automatically credits to beneficiaries' bank account. 

Swift international remittance service
REQUIRED DOCUMENTS
  • * For customers transferring money:
  •  + Valid ID Cards or Passports;
  •  + Proof of transfer purposes;
  •  + Other documents as specified by the State Bank of Vietnam and BIDV.
  • * For recipients: Valid ID card/Citizen identity card/Vietnamese military ID card/Passport

Fast and convenient service

Fast and convenient service that allows sending and receiving money in just several minutes

Transfer fee

Transfer fee is incurred to the sender only; no additional fee is required for receiver

Extensive network

An extensive network of 2,000 BIDV's transaction offices and agents nationwide

ELIGIBILITY OF USE
  • 1. How to send money:
  • To send money via WU, please take the following steps:
  • - Complete “To send money” form as attached and providing supporting documents in accordance with BIDV’s regulations.
  • - Deposit cash/debit sender's account at BIDV/conduct foreign exchange transactions with BIDV;  
  • - Keep the receipt containing 10-digit Money Transfer Control Number (MTCN);
  • - Inform the receiver transfer amount and MTCN. Note: The MTCN should be kept strictly confidential and informed to the receiver only.
  • - Sending currency: USD
  • 2. How to receive money:
  • To receive money via WU, please take the following steps:
  • - Receive information on MTCN, transfer amount and currency from sender. 
  • - Present ID card/Passport at the bank.
  • - Receiving currencies: VND, USD
  • - Complete "To receive money” form as attached (Accurate MTCN should be provided).
REQUIRED DOCUMENTS
  • * For customers transferring money:
  • - For Vietnamese individuals:
  •  + Valid ID Cards or Passports;
  •  + Proof of transfer purposes;
  •  + Other documents as specified by the State Bank of Vietnam and BIDV.
  • * For recipient: Valid ID card/Citizen identity card/Vietnamese military ID card/Passport
BIDV

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