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

Foreign companies apply for bank accounts in Vietnam

Foreign companies apply for bank accounts in Vietnam

08 May, 2020// Group: LAW ON BANK

Oversea company can apply for a business checking account in Vietnam

Is it possible for a company to borrow from other companies or individuals ?

Is it possible for a company to borrow from other companies or individuals ?

21 Apr, 2020// Group: LAW ON BANK

Is company, individual required to issue invoice on interest received from lending out to other company ?

Open and use direct investment capital account in foreign currency or in Vietnam Dong

Open and use direct investment capital account in foreign currency or in Vietnam Dong

21 Apr, 2020// Group: LAW ON BANK

Foreign direct investment enterprise is allowed to open one direct investment capital account in foreign currency and one in Vietnam Dong

Open VND account for foreign investor

Open VND account for foreign investor

21 Apr, 2020// Group: LAW ON BANK

The contribution of investment capital in Vietnam Dong by the foreign investors shall be made by transfer to the direct investment capital account

Open account in foreign currency for foreign investor

Open account in foreign currency for foreign investor

21 Apr, 2020// Group: LAW ON BANK

The contribution of investment capital in foreign currency by the foreign investors shall be made by transfer to the direct investment capital account