Get Some Ideas Why You Should Send Money With A Credit Card To Vietnam

When your relative uses a card to withdraw cash from an ATM

, they will receive the Vietnamese currency of the dong, not U.S. dollars. However, you will not have to worry about knowing much about their legal tender since you can send funds from your bank account in U.S. dollars. Neither of you will have to think about exchange rate fees, nor will your family member have to get cash in their country's currency, which makes the prepaid debit card convenient for both of you.

If your relative resides in a large city, such as Da Nang, Ho Chi Minh City, or Hanoi, they should have no problem finding an ATM at which to withdraw cash. However, if they are in smaller areas, like An Khe, they might not have as many ATMs to select from. If they can find a major bank in their city, such as Asia Commercial Bank or State Bank of Vietnam, they should have access to an ATM in any town. Most ATMs have a daily limit of about 4,000,000 dong, so let your relative know this before they plan to withdraw more than that at once.

About 15 million debit cards were being used in 2009 according to recent statistics, which means that many people in this country are familiar with this payment method. However, not every store accepts a prepaid debit card, especially in smaller cities, so do take this into consideration if your relative is not near a major city or tourist attraction. In general, though, since your relative can use the card to make purchases online, withdraw cash at ATMs, and make purchases at some local stores, it is likely that the ability to send money with credit card to Vietnam with work for both of you.

by: Peter Frampton

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