aussiekoala
Australian expat in the Philippines
Forum posts
9
About me
Australian
Lives in Cebu
Registration: 07 July 2013
Activity
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Hi John, Thanks for your reply also. I would not get all lonely and miserable about the state of the Loony just yet. I suggested to a few of my detractors (the list is long but some of them are quite pretty so that's ok) a couple of ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Thanks for your reply Trang. Yes, i now understand that fees are very variable between dong and foreign currency accounts and between domestic and international bank retail offerings. I also understand that if you are trying to move funds back out ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Hi Richard, Yes, i saw that Indo move also but was too young to take advantage of it - you kind of have to be there to do it and that meant giving up my career at that time. Of course, now 'career' is a verb in the past tense for any ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Hi Richard, It's also occurred to me that there may ba a serious aymnetry in the spread across counterparty or correspondent banks in a currency pair that is pegged via crossing to a third and floats on the other, incoming leg. I intend ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Hi Richard, Yhanks for your on-the-ground responses Richard - i genuinely appreciate it. I'm considering stretching the term structure from a few months to a couple of years, then switching into property at that time. My basic ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Hi Richlv, Ok - so what you are saying is that if you open a usd account with a viet local bank exchanges to dong will take place essentially without a spread. That makes sense when i think about it. It's a pegged exchange rate policy so ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore by aussiekoala
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ...
Thanks for your reply richlv. Do you have any idea what sort of % spread that bank takes on the official usd/dong exchange rate? I saw the comm babk was buying IMT's at something like 18 385 when the spot rate on aud is about 19 233. That's about ... Read More
How to move a sgnificant deposit into vietnamese wong from offshore
Hi Guys, I have a sum of money i would like to invest on term deposit in vietnam to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring it into the viet banking system from an aussie bank ... Read More
Tranferring Money to Vietnam by Ozbear
Hi All, Just wondering if anyone can tell me what kind of deductions are taken out of money transferred to Vietnam. I transferred some money from NZ in Dec and it seems that there was an amount equal to 11% deducted and am trying to find out who ...
Hi Guys, I have a sum of money i would like to invest on term deposit to help ends meet - its a significant sum in deposit terms (eg >100k AUD). I understand that transferring AUD into the viet banking system from an aussie bank eg ... Read More