There are many ways to transfer money to Vietnam. Due to the country’s high migrant remittances, international money transfer services such as MoneyGram, iKobo, PayPal, and banks, have made it possible to send money to Vietnam using reliable, fast and efficient methods.

Transfer Money to Vietnam with MoneyGram

MoneyGram has 203,000 locations in 190 countries, including Vietnam. For money transfers to Vietnam, bring the desired amount and ID to a local MoneyGram agent. All transfers need to be accompanied by a MoneyGram form, available at the agency. MoneyGram’s service fees vary depending on transfer amounts. As of 2010, MoneyGram charges a fee of 16 USD for every transfer of 1000 USD to Vietnam.

Obtain a reference number from the agent and give this number to the receiving party in Vietnam. The money will be available for the receiver to pick up ten minutes after the transfer is finalized. MoneyGram partners with a number of local Vietnamese banks throughout the country and uses them as MoneyGram locations, making its transfer services accessible. Instructions on overseas money transfers are available in Vietnamese, English as well as other languages on the MoneyGram site. Western Union, another company that specializes in money transfers, offers similar services to those of MoneyGram.