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Transferring money out of Vietnam
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shanewarne



Joined: 21 Feb 2008
Posts: 146

PostPosted: Thu Nov 17, 2011 12:48 am    Post subject: Transferring money out of Vietnam Reply with quote

I'm soon due to leave Vietnam and have a load of dosh that i need shifting. Unfortunately most of this dosh (over 7 grand) was paid cash in hand, so therefore I am unable to transfer it through the conventional way. Can anyone give any pointers on the best way to get my dosh outta Vietnam? Cheers

Ps. I'm not the real 'Shane Warne'.
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inhanoi



Joined: 22 Oct 2011
Posts: 165

PostPosted: Thu Nov 17, 2011 1:23 am    Post subject: Reply with quote

Assuming you have dollars, or another non-dong currency, check the limits on how much cash you can exit with, and how much you can arrive with at your destination. Then just keep it safe. That assumes you are headed directly to a new location that has a bank that won't question the source of the cash. Sorry if I'm stating the obvious, I know you've been in VN for quite a while and you're probably looking beyond my suggestion.

I'm interested to know if there are other options. You're surely not the first person to be in this situation.
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bludevil96



Joined: 07 Aug 2006
Posts: 82

PostPosted: Thu Nov 17, 2011 1:31 am    Post subject: Re: Transferring money out of Vietnam Reply with quote

shanewarne wrote:
I'm soon due to leave Vietnam and have a load of dosh that i need shifting. Unfortunately most of this dosh (over 7 grand) was paid cash in hand, so therefore I am unable to transfer it through the conventional way. Can anyone give any pointers on the best way to get my dosh outta Vietnam? Cheers

Ps. I'm not the real 'Shane Warne'.


There's nothing that says you can't carry it out in cash on hand. You only need to disclose it for the next country (if you choose to do so). If you have VND then you need to exchange it at a major jewelery store for dollars. They don't really monitor the cash you leave with. The last time I flew back to the U.S., I had $10k on me and no one says anything at the airport.
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refugee



Joined: 21 Dec 2009
Posts: 33

PostPosted: Thu Dec 01, 2011 6:38 am    Post subject: Re: Transferring money out of Vietnam Reply with quote

bludevil96 wrote:

They don't really monitor the cash you leave with. The last time I flew back to the U.S., I had $10k on me and no one says anything at the airport.


I assume you mean you told them you had the cash and they didn't say anything?
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bludevil96



Joined: 07 Aug 2006
Posts: 82

PostPosted: Fri Dec 02, 2011 1:36 am    Post subject: Re: Transferring money out of Vietnam Reply with quote

refugee wrote:
bludevil96 wrote:

They don't really monitor the cash you leave with. The last time I flew back to the U.S., I had $10k on me and no one says anything at the airport.


I assume you mean you told them you had the cash and they didn't say anything?


No, I did not declare it with them. I did declared it upon entering the U.S. but half was in my carry-on and the other half in my pockets.
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refugee



Joined: 21 Dec 2009
Posts: 33

PostPosted: Fri Dec 02, 2011 5:19 am    Post subject: Re: Transferring money out of Vietnam Reply with quote

bludevil96 wrote:
refugee wrote:
bludevil96 wrote:

They don't really monitor the cash you leave with. The last time I flew back to the U.S., I had $10k on me and no one says anything at the airport.


I assume you mean you told them you had the cash and they didn't say anything?


No, I did not declare it with them. I did declared it upon entering the U.S. but half was in my carry-on and the other half in my pockets.


That's why nobody said anything to you at the airport. When leaving VN, If you'd have had 2kg of heroin in your bag which you chose not to declare, then nobody would have said anything to you either.
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shanewarne



Joined: 21 Feb 2008
Posts: 146

PostPosted: Fri Dec 02, 2011 9:22 am    Post subject: Reply with quote

Update, went down my local Bank today which happens to be an Aussie bank called ANZ. Unfortunately, they refused to proceed with an international transfer to my home country as I have no proof of tax being applied. What a bummer man! Sad.... anyway, so i asked them how much i can change with proof of my plane ticket, and they told me max 5 grand USD. Double bummer man.

Looks like my only option is to change it at a gold shop and hope my girlfriend doesn't see my wad of cash. Rolling Eyes
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kurtz



Joined: 12 Mar 2008
Posts: 518
Location: Phaic Tan

PostPosted: Sat Dec 03, 2011 2:23 am    Post subject: Reply with quote

Can't you change the bulk of your cash at ANZ and get the rest changed in a gold shop? Put some in your pockets, the rest in your carry on.
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Proffeshnial Teachman



Joined: 10 Jan 2006
Posts: 60

PostPosted: Sat Dec 03, 2011 7:09 am    Post subject: Reply with quote

Split it.
Walk out.
OR
Fly out.

Why declare a load of cash to a country with 'corruption issues'?

They will not strip search you in customs, without a good reason.

PS - I also believe that the amount you can take out is now 10,000 USD, but I can't be certain.

Don't worry! Wink
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ajc19810



Joined: 22 May 2008
Posts: 214

PostPosted: Sat Dec 03, 2011 9:40 am    Post subject: Reply with quote

Hey Shanewarne,

This year I took 10k on my person back to Bris Vegas. I flew air asia. Under 10k you dont have to say a thing.

Had it changed from Dong to Oz $ at that place on Le Loi street.
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