Product Details

Eligibility for FX trading and international transfer

1. Buy foreign currency

Individual Vietnamese resident has demand to purchase and transfer foreign currency overseas for legit purposes:

Overseas education payment;
Overseas medical treatment payment;
Overseas travel or sightseeing/visit;
Overseas fee and charge payment;
Remittance transfer to overseas relatives;
Cash inheritance transfer to overseas heir;
Transfer to immigration;
Other legit transfer purposes.
One-way overseas transfer for legit purposes

Non-resident or residing foreigner having legal VND income wants to buy and transfer foreign currency overseas for legit purposes

Foreigner (residing or non-residing in Vietnam) wants to buy and transfer foreign currency overseas for legit purposes:

Overseas transfer of legal assets, income;
Overseas transfer of foreign currency upon labor contract termination;
Overseas transfer of foreign currency in case of VAT refunded from purchasing goods in Vietnam and bringing them through tax refund border gates of foreigners.

2. Sell foreign currency

All retail customers want to sell and convert foreign currency to VND

Procedure for foreign exchange transaction for retail customer:

1. Buy foreign currency

Customer comes to transaction office and provides legal proof of FX trading purpose:

Study abroad (attached doc)
Travel (attached doc)
Immigration (attached doc)
Healthcare (attached doc)
Allowance (attached doc)
Other purposes: Please visit the nearest transaction office for support (MSB Locations)

2. Sell foreign currency

Customer comes to transaction office and provides valid identification documents (identity card/passport).

Other functions

Thể lệ chi tiết

Thông báo đính kèm

Frequently Asked Questions

Customers can use collateral that is real estate or means of transport to secure the loan. Customers can use collateral that is real estate or means of transport to secure the loan.

Customers need to prepare a fee for the Valuation Service of the Collateral, from which MSB determines the loan amount based on the value of the collateral - this is paid when providing documents to the Bank. Once the loan is approved, the customer prepares the security contract notarization fee and the loan security transaction registration fee to complete the mortgage procedure before disbursing.

MSB does not require the Client to provide a Construction Permit for a loan of VND 1 billion or less or Construction Works that is exempt from a Construction Permit.

In other cases, the Customer is requested to provide the Construction Permit/Confirmation from the Local Authority that the Works are exempt from the Construction Permit.

Yes. You can use your parents' assets as collateral for your loan at MSB.

Yes. Customers can repay part or all of the principal before maturity depending on their financial situation. The early repayment fee is based on the principal amount paid in advance, most of MSB's interest packages for you are free of early repayment from the 5th year onwards.

Ask us anything See more