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Vietnam Travel Guide
Payments to Local Vietnam in EUR
Payment options
At Local Vietnam, we understand the importance of a smooth and transparent payment process. That’s why we offer two convenient options for making your payments: direct bank transfers to our bank in Vietnam and payments via PayPal for those who want to pay by credit card and want extra purchase and fraud protection.
- Bank Transfer: We do not charge extra fees for bank transfers, and payments can be made in euros without any extra costs on our side. However, please note that some banks may charge a fee for international payments outside the EU. These fees are set by your own bank.
- PayPal: For customers who prefer to pay by credit card and wish to benefit from additional purchase and fraud protection. Please note that we charge a 3% surcharge for PayPal payments to cover transaction costs.
Our bank details
Local Vietnam is based in Vietnam and due to local laws, we are not able to use an IBAN account for international transactions. However, a bank transfer to us is still easy, free of charge and can be done in Euros. Below you will find all the necessary information to ensure a smooth transfer.
Currency and Country Information
Country
Vietnam
Select “Vietnam” under: “country of recipient”
Currency
Euro
The amount can be transferred in Euro
Account Holder Information
Name of recipient
ThelocalVietnam
Important! Be sure to enter the correct name of the account holder.
Account number
4992
Receiver's account
Address
793/49/1 Tran Xuan Soan Street
These are the details your bank asks for in “recipient details.”
Postal code
700000
City
Ho Chi Minh City
Bank details
Swiftcode (BIC-code)
EBVIVNVX
This should always be filled out for international payments. It is not requested? Then check that “ Vietnam” is selected under country of recipient.
Bank
Eximbank
Full name: Vietnam Export Import Commercial Joint-stock Bank
Additional Information
Description
Enter your invoice number here without the word invoice
Number is on our invoice.
Important Payment Information
- Double Check Required: Name, country, SWIFT/BIC, account number.
- Currency Information: Only EURO accepted; other currencies are not accepted on this bank account
- Invoice Number Instruction: In note: only invoice number code, without 'invoice'.
Frequently Asked Questions
Check that the recipient’s country is set to Vietnam. If the country is still set to your country or any other EU country (ex. Germany, the Netherlands, Spain), these codes will not be requested. However, for transfers to countries outside the EU, such as Vietnam, the entry of a SWIFT or BIC code is required.
This problem arises when the recipient’s country has not yet been changed to Vietnam. Within the EU, you are expected to use an IBAN, which contains both letters and numbers. Vietnam does not use IBAN accounts; so make sure Vietnam is selected as the recipient’s country to avoid this message.
No, you do not need to activate specific settings such as “outside Europe” for transferring money abroad. This setting is relevant for using your bank card outside Europe. Bank transfers do not require such adjustments in your bank settings.
Until January 1, 2024, we offered the option to transfer to an IBAN account. Due to tightening Vietnamese legislation, we have had to discontinue this option to comply with local regulations. Transferring to an IBAN account is unfortunately no longer possible.
Transfers to Vietnam are usually completed within 2 business days. In some cases, it may take up to 5 business days (not including weekends). Your personal travel expert at Local Vietnam will let you know as soon as payment is received. Transfers to Vietnam are usually completed within 2 business days. In some cases, it may take up to 5 business days (not including weekends). Your personal travel expert at Local Vietnam will let yo
The address field is often not crucial to the wire transfer. Most banks only ask for the recipient’s address, not the bank’s.
At Local Vietnam, we do not charge any additional fees for bank transfers and there are no hidden booking or reservation fees. What you see is what you pay.
However, please note that any third party fees or surcharges, such as fees charged by your own bank for international payments outside the EU, may apply. These fees are determined by your bank and are independent of us.
For payments via PayPal, we charge a surcharge of 3% to cover transaction costs.
De CIF-code wordt gedeeld voor het geval dat jouw bank ernaar vraagt. Echter, in de meeste gevallen wordt deze code niet vereist door banken, en hoef je deze dus niet in te vullen.
Please contact us
Do you have questions about transferring funds, would like to double-check bank details, or need further explanation or support? Feel free to contact Marnick Schoonderwoerd directly via WhatsApp at +31624453751.
We understand that transferring to a foreign company can sometimes raise questions or some hesitation. Therefore, we are ready to answer all your questions and make the process as clear and familiar as possible. As a Dutchman at the heart of our Vietnamese company, I am there especially for you to address any concerns and to ensure a sense of trust and security.
At Local Vietnam, your peace of mind and satisfaction is paramount. We look forward to helping you prepare smoothly for your unforgettable trip.