The best services for sending money from Vietnam to Romania
As a thriving financial hub, Vietnam has a huge number of financial service providers ranging from international banks to online money remittance firms. As such, sending cash out of Vietnam is not a complicated affair. You can choose from a wide array of service providers. But how much does it cost to send money out of Vietnam? Are there exit limits to think of? Most expats working in Vietnam, as well as companies, have faced these common questions. So, what’s the most affordable method of remitting money to Romania? Let’s find out.
Different ways to pay for money transfers to Romania from Vietnam
We have found a few convenient ways to pay for money transfers to Romania from Vietnam. You can use a to pay for transfers to Romania.
How to transfer money from Vietnam to Romania online?
Not long ago, you could stuff money in your sock with the hope that you wont be discovered by customs officers. Thankfully, with affordable and legal ways of wiring money, there's no need for insecure and illegal ways. Here are five simple ways of transferring any amount of money from Vietnam.
Travel with your cash
If you're a frequent travellers, Vietnam customs laws allow you to carry 5000 USD undeclared. For any amount more than 5000 USD, you should liaise with the State Bank of Vietnam to get approvals.
Bank transfer
For those who prefer the traditional but reliable bank transfer, its recommended you use international banks with subsidiaries in other country. Without a bank account, you can still make a bank transfer, only that you are required to show proof of income. Approval documents include; a work permit, labor contract, invoice or payslip. When using local Vietnamese banks, you will have to open an account before sending the money to your recipient. It's important to note that using a local Vietnamese bank without branches in other country can be costly.
Paypal
For small transactions, Paypal is among the most suitable options. However, you'll be required to sign up for a Paypal account and link it with a Vietnam based bank.
MoneyGram
With so many branches and agents round the globe, you can't go wrong with MoneyGram. You can easily hand in the cash to any MoneyGram agent in Vietnam. The required documents include; a passport, your credit or debit card details and the details of the recipient. Wiring money via MoneyGram is straightforward; deposit the cash and submit the remittance fee.
e-transfers
Online cash remittance services are now popular because of their incredible speeds. Vietnam has a fair share of online remittance firms that are worth your time, including WorldRemit, Skrill and TransferWise. Transfer fees vary from one service provider to the next.
Which provider to use to wire money from Vietnam to Romania?
The best way to wire money will largely be determined by the following.
Cost of transfer
Transfer options that are cheap and transparent are popular when wiring money.
Foreign exchange
Overseas cash transactions make use of the foreign exchange, so you can't ignore forex rates. Luckily, most money transfer agents provide competitive exchange rates.
In the end, the cheapest way to transfer money from Vietnam to Romania is one with lowest fees and good forex rates.
Reliable online remittance providers to Romania from Vietnam
Send money from Vietnam to Romania with Wise
Wise (formerly TransferWise) offers some great options for sending money from Vietnam to Romania. | |
💱 Is it cheap? | The exchange rate at Wise is 4.6884 RON for 1 USD. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank Debit (ACH). There is also the option of paying using Bank account, Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Credit card. The transfer will then be processed within 1 day. If you use Bank account for payment, it will take up to 2 days. |
💰 How to receive? | There is only one option available from Wise for transfers to Romania - money can be received into a bank account. |
Send money from Vietnam to Romania with Xe
Xe has several good and reliable options to transfer money from Vietnam to Romania. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 RON can be exchanged for 4.6087 USD. |
💲 How to pay? | The best way to pay is via Bank Debit (ACH), which does not charge any fees. You can also pay with a Bank account, Credit card or Debit card, but XE will charge you a fees. |
⌚ Is it fast? | If you pay via Bank account, Credit card, Debit card, Credit card or Debit card, the transfer will be delivered to Romania within 24 hours. Alternatively, if you pay by Bank Debit (ACH), the recipient can see the money in 3 days |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from Vietnam to their own bank account. |
How much does it cost to send money to Romania from Vietnam?
Anyone remitting cash should be concerned about costs. Essentially, no one deserves to pay unrealistically high fees to send their hard-earned cash overseas. Costs and levies vary depending on the service used and the amount of cash to be transferred. While banks are a reliable method of wiring, they are costlier compared to other methods. For wire services, the fee will be dictated by the amount to be sent. In the same light, online remittance services like WorldRemit charge a commission on the outbound transfer. The best service for sending money from Vietnam to Romania really depends on the amount of money on transit.
Our advantages
Our up-to-date comparison engine does the heavy work for you, presenting you with affordable money transfer services. We understand the cash transfer market well, that's why we vet all the available options to present you with the tried and trusted services that are worth your time.
All the services we recommend must be;
- Transparent
- Cheap
- Legally registered
FAQ
What is the best way to send money from Vietnam to Romania (USD → RON)?
What is the fastest way to transfer money from Vietnam to Romania (USD → RON)?
What is the cheapest way to transfer money from Vietnam to Romania (USD → USD)?
How long does it take to send money from Vietnam to Romania (USD → USD)?
What payment methods to use for transfers from Vietnam to Romania?
How to receive money transfer from Vietnam in Romania?
How to send money from Vietnam to Romania for free?
Popular destinations of transfers from Vietnam
- Afghanistan
- Åland Islands
- Albania
- Algeria
- American Samoa
- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
- Armenia
- Aruba
- Australia
- Austria
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- Bahamas
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- Bolivia
- Bosnia And Herzegovina
- Botswana
- Brazil
- British Virgin Islands
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- Cambodia
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- Canada
- Cape Verde
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- Cayman Islands
- Central African Republic
- Chad
- Chile
- China
- Colombia
- Comoros
- Congo RDC
- Congo
- Cook Islands
- Costa Rica
- Croatia
- Cuba
- Curacao
- Cyprus
- Czech Republic
- Denmark
- Djibouti
- Dominica
- Dominican Republic
- Ecuador
- Egypt
- El Salvador
- Equatorial Guinea
- Eritrea
- Estonia
- Ethiopia
- Faroe Islands
- Fiji
- Finland
- France
- French Guiana
- French Polynesia
- Gabon
- Gambia
- Georgia
- Germany
- Ghana
- Gibraltar
- Greece
- Greenland
- Grenada
- Guadeloupe
- Guam
- Guatemala
- Guinea
- Guinea-Bissau
- Guyana
- Haiti
- Honduras
- Hong Kong
- Hungary
- Iceland
- India
- Indonesia
- Iran
- Iraq
- Ireland
- Israel
- Italy
- Ivory Coast
- Jamaica
- Japan
- Jordan
- Kazakhstan
- Kenya
- Kiribati
- Kosovo
- Kuwait
- Kyrgyzstan
- Laos
- Latvia
- Lebanon
- Lesotho
- Liberia
- Libya
- Liechtenstein
- Lithuania
- Luxembourg
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- Macedonia
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- Martinique
- Mauritania
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- Réunion
- Romania
- Russia
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- Serbia
- Seychelles
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- Solomon Islands
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- Uzbekistan
- Vanuatu
- Vatican
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- Vietnam
- Wallis And Futuna
- Yemen
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- Zimbabwe