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Is It Easy to Get Money out of ATMs in Ho Chi Minh City?
Is it easy to get money out of ATMs in Ho Chi Minh City?" is a popular question of travelers when they plan to go to Vietnam. This blog will give you some useful information about this matter.
Where Can I Find ATMs in Ho Chi Minh City?
ATM is very popular in Ho Chi Minh City. You will find there are plenty of them at the airport, in the malls, supermarket, office building, next to convenience stores, big restaurants, and around the city streets as well. There are four large international banks in the city which are:
The withdrawal limit varies among the banks. You can expect the limit of VND 5,000,000 per transaction, but you can make as many withdrawals as your card limit allows.
| Bank | Withdrawal limit |
| HSBC | VND 20,000,000 - VND 30,000,000/day |
| Citibank | VND 30,000,000 - VND 50,000,000/day |
| Shinhan | VND 10,000,000/transaction, VND 50,000,000/day |
| Standard Chartered | VND 4,000,000/transaction, VND 40,000,000/day |
ATMs in Ho Chi Minh City will be a helpful way to shopping
What are the Fees for Using ATMs in Ho Chi Minh City?
You might have to pay several kinds of fees for using ATMs in Vietnam. On the one hand, you are charged by your home bank. These fees include withdrawal fees and foreign transaction fee which might include or exclude currency exchange rates. On the other hand, you are charged the withdrawal fee, which is charged in addition to the withdrawal fee of the home bank, by Vietnamese ATMs.
Normally, the withdrawal fee is around VND 40,000 to VND 50,000 per transaction. It sometimes varies depends on the amount of money you withdraw.
| Bank | Withdrawal fee at the bank's ATMs | Withdrawal fee at other banks' ATMs |
| HSBC | VND 45,000/transaction | VND 60,000/transaction |
| Citibank | 4% of transaction value | 4% of transaction value |
| Shinhan | Free | 2% of transaction value |
| Standard Chartered | Free | 3.4% of transaction value |
Tips to Minimize the Fee of ATMs Fee in Ho Chi Minh City and in Vietnam?
Use ANZ, HSBC, or Citibank card
As mentioned, these are the three large international banks in Vietnam. If you are a customer of these banks, you might expect to receive useful support in Ho Chi Minh City for using ATM. Specifically, ANZ and Citibank customers can use these banks’ ATMs in Vietnam without paying the withdrawal fee. For HSBC, only when you are Advance or Premier customer, you are free of charge for a withdrawal fee.
Use ANZ, Citibank, or HSBC card to minimize the fee
Use a fee-free card
There are banks that do not charge withdrawal and foreign fees. You might want to consider getting these banks card if you travel often. It will save you the amount of money with which you are charged by the home bank.
See more Ways to Travel on a Budget in Vietnam.
Summary of Is It Easy to Get Money out of ATMs in Ho Chi Minh City?
Above is some information for you to answer the question "Is it easy to get money out of ATMs in Ho Chi Minh City?". We suggest you inform your home bank before using ATM abroad so you can receive adequate support from them.
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© Written by Minh Thuy for itourvn.com
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Comments
I had my card swallowed by an ATM machine and it was a hassle to get it back. How come some banks closed during lunch hours? Fiesta hours?
May be you made a typing error. The ATM fee at Citi bank is 60k/ transaction, not 600k.
A warning for travelers here: Don’t use HSBC ATM if you are not a customer.
They give you only 2 Mio VND/transaction and charge 40k VND each (2%).
So for getting e.g. 8 Mio VND, they charge you 160k compared to 60k at Citi bank ATM.
As far as I know, living in HCMC for many years now, all ANZ ATMs and branches have been taken over by Shinhan Bank in 2018. ANZ only serves institutional banking.
I used to use Citi Bank ATM Nguyen Hue as they give 8 million VND /transaction, charging a withdrawal fee of 60k VND each, which is only 0.75%, not 4% as mentioned here.
withdrawal fee at Citibank is 600k VND/transaction. The 4% fee mentioned in the blog must have been for overseas transaction.