Is it better to withdraw cash from ATM in Vietnam or exchange money at currency exchange booths?
Based on 2 discussions with 3 participants · Last activity: 2 days ago
TL;DR
Street exchangers offer around 310 VND per RUB. VTB bank charges 4% fee (min 6 USD) on all foreign ATM withdrawals, making cash exchange booths often more cost-effective.
What the community said
Some cards charge a flat fee of about 200 RUB per ATM withdrawal in Nha Trang, with a 2 million VND limit per transaction. Withdrawing 5 million VND is possible but incurs a higher fee, so it's more economical to withdraw in 2 million VND increments.
2 days ago Fee ~200 RUB, 2M VND limit
VTB bank introduced a 4% fee (minimum 300 RUB / 6 USD) on all foreign cash withdrawals starting May 6th. This applies to all ATMs abroad, including VTB group banks.
2 days ago VTB fee: 4%, min 6 USD
Street money changers in Nha Trang offer approximately 310 VND per RUB (3,100 VND per 10 RUB). Given VTB's 4% ATM fee, exchanging cash at exchange booths is typically more economical.
2 days ago Exchange rate: ~310 VND/RUB
Rosselkhozbank UnionPay cards may work for payments in Vietnam, but profitability depends on the bank's conversion rate and fees. It's advisable to check current tariffs with the bank before traveling.
2 days ago Rosselkhozbank UnionPay