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davenzl1

davenzl1

Member

New Zealander looking for information about Vietnam

Forum posts

3

Contacts

13

About me

New Zealander

Speaks English

Registration: 30 June 2017

Activity

davenzl1 replied to a thread
7 years ago
too0ky

Sending money out of Vietnam by too0ky

Hey everyone! I am just learning how restrictive the banking regulations in Vietnam is. I lend a friend some cash, and now she is trying to pay me back, but unfortunately, the banks would not allow her to send it overseas (US or Budapest). Does ...

davenzl1

I wouldn't use bitcoin for the proceeds of a house sale. You should be able to get the funds out of the country if you can prove to the central bank the original source of the funds. But for what it's worth I've used both VBTC and ... Read More

davenzl1 replied to a thread
7 years ago
too0ky

Sending money out of Vietnam by too0ky

Hey everyone! I am just learning how restrictive the banking regulations in Vietnam is. I lend a friend some cash, and now she is trying to pay me back, but unfortunately, the banks would not allow her to send it overseas (US or Budapest). Does ...

davenzl1

You misunderstand. I'm not suggesting it as an investment. just a means of converting VND to US$ or whatever and transferring funds across borders. You can buy and sell virtually instantaneously so the risk of dropping value is low. As are ... Read More

davenzl1 replied to a thread
7 years ago
too0ky

Sending money out of Vietnam by too0ky

Hey everyone! I am just learning how restrictive the banking regulations in Vietnam is. I lend a friend some cash, and now she is trying to pay me back, but unfortunately, the banks would not allow her to send it overseas (US or Budapest). Does ...

davenzl1

You can buy Bitcoin on one of the Vietnam exchanges, and sell on one of your local exchanges. It takes a bit of time to set it all up, but then it is very easy, and probably the best way to get money out of Vietnam. Worked a treat for me. Read More