Open a bank account for a foreign national

Open a bank account for a foreign national

Hi DMS Lawyers in Vietnam! I am an expat in Da Nang, Vietnam. I want to open an account for my personal use at a bank in Vietnam. Can you advise me about information, documents required and your service fee in paperwork for opening bank account for an expat in Vietnam ?  

Hi!

To use our service about procedure to open a bank account for foreign person at a bank in Vietnam, please Download our Questionnaire and follow the guidance given.

Opening a bank account for an expat in Vietnam: Download

Open bank account for expat in Vietnam

Related legal consultings:

Opening and use of current account in foreign currency of resident, non-resident, current account in Vietnam Dong (VND) of resident, non-resident who is a foreign national shall be implemented in accordance with provisions of law on foreign exchange management and provisions at this Circular (Clause 3 Article 1 Circular No. 08/VBHN-NHNN dated February 27, 2018).

Resident, non-resident who is a foreign national who has foreign currency on his/her account can make overseas transfer from this account; if the person has legal VND income in his/her account, that person can buy (make conversion to) foreign currency to transfer oversea (Clasue 4 Article 8 Ordinance on Foreign Exchange No. 07/VBHN-VPQH dated July 11, 2013).

Consulting services:

Phone: 0914 165 703 or Email: dmslawfirm@gmail.com

Prepared by:
Thi-Ha Nguyen, ACCA
DMS Law firm in Vietnam
Director
(Signed)
Lawyer Do Minh Son

RELATING ITEMS

Can foreigners open and use ATM cards in Vietnam ?

Can foreigners open and use ATM cards in Vietnam ?

01 Nov, 2023// Group: LAW ON BANK

Can a foreign individual open and use an ATM card at a bank in Vietnam ?

Can foreigners open a current account at a bank in Vietnam ?

Can foreigners open a current account at a bank in Vietnam ?

31 Oct, 2023// Group: LAW ON BANK

Can a foreign individual open a payment account at a bank in Vietnam ?

Open bank accounts for an overseas company at a bank in Vietnam

Open bank accounts for an overseas company at a bank in Vietnam

18 Oct, 2023// Group: LAW ON BANK

A company is established abroad wishes to open a current account at a bank in Da Nang, Vietnam?

Can an enterprise in Vietnam purchase capital contribution portion in cash ?

Can an enterprise in Vietnam purchase capital contribution portion in cash ?

10 May, 2022// Group: LAW ON BANK

Payment in cash or by bank transfer, when an enterprise buys the capital contribution portion or share ?

Open direct investment capital accounts for foreign investors in Vietnam ?

Open direct investment capital accounts for foreign investors in Vietnam ?

02 Apr, 2022// Group: LAW ON BANK

FDI enterprises open direct investment capital accounts in foreign currencies or in VND ?