Send Money from Singapore to Vietnam

There is no single cheapest provider on this corridor — it depends on how much you send and how your recipient is paid. Compare the total amount received in Vietnamese dongs rather than the advertised fee, since the exchange rate margin is usually the larger cost. Bank deposit is typically cheaper than cash pickup.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are cash pickup, bank deposit and card payout. The most widely used options in Vietnam are bank deposit and cash pickup. Bank deposit to a Vietnamese account is normally the cheapest route; cash pickup is widely available through bank branches. Not every provider supports every method, so check the table above before you commit.

No. Remitly and Western Union offer cash pickup in Vietnam, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, bank deposit and cash pickup generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For SGD to VND, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Singapore under the Monetary Authority of Singapore, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly S$10,000, a specialist foreign-exchange broker will often beat an app on rate.

Wise states no send amount on this corridor. Its table reads "Sending SGD" where the same hub's Indian, Thai and Pakistani pages read "Sending 1,000 SGD", and the four corridors missing the amount are the four whose currencies Wise flags as less widely used and dynamically charged. The service is available and the rate is real; only the cost is unverifiable from the page, so no Wise figure appears in the table above. Wise's unattributed cost here is close to what it charges on Thailand, where it does state the amount. The two corridors look similarly priced and only one of them can be verified, which is a good illustration of why this site treats a missing send amount as disqualifying rather than a detail. Vietnam is one of the larger destinations for money leaving Singapore, carried mainly by workers on fixed contracts sending small amounts regularly. A promotion that applies once is worth proportionally less on that pattern than on a single large transfer. Payouts in Vietnamese dong are made against a recipient's identity documents at most institutions, so the name on the transfer has to match exactly — a common cause of delay that no price comparison covers.