How to send money from Australia to Vietnam

Migratio Editorial · Last updated 23 July 2026

TL;DR: Australia has no outbound cap. Vietnam welcomes inward remittances with no tax and no caps on personal transfers received through authorised banks. The AUD-to-VND corridor is served by specialist services and remittance providers, with most transfers arriving within one to two business days. Cash pickup is available through extensive networks in Vietnam.

Australia has no outbound cap. Vietnam welcomes inward remittances with no tax and no caps on personal transfers received through authorised banks. The AUD-to-VND corridor is served by specialist services and remittance providers, with most transfers arriving within one to two business days. Cash pickup is available through extensive networks in Vietnam.

Overview

The Vietnamese-Australian community is a significant remittance corridor. Vietnam encourages inward remittances — they contribute meaningfully to the economy and the government provides favourable treatment for overseas Vietnamese sending money home.

Outbound rules (Australia)

No cap. AUSTRAC reporting applies automatically (AUSTRAC).

Inbound rules (Vietnam)

Vietnam imposes no cap on personal inward remittances. The State Bank of Vietnam permits receipt of foreign remittances through authorised credit institutions. Overseas Vietnamese can receive remittances in foreign currency and choose to hold the funds in a foreign currency account or convert to VND at the bank's rate (SBV).

Vietnam does not tax personal inward remittances — this is a specific policy designed to encourage formal remittance flows.

Fee comparison

Specialist services (Wise, Remitly, WorldRemit, OrbitRemit): AUD-to-VND margins of 0.5–2%, fees of AUD 2–15. Bank deposit delivery to Vietnamese bank accounts.

Remittance providers (Western Union, MoneyGram): Cash pickup available at extensive agent networks in Vietnam. Higher fees but useful for recipients without bank accounts.

Australian banks: AUD 20–35 fee plus 2–5% margin. SWIFT routing with potential intermediary hops.

Delivery options

Bank deposit: To major Vietnamese banks (Vietcombank, VietinBank, BIDV, Techcombank). 1–2 business days.

Cash pickup: Through Western Union, MoneyGram agent networks. Available within minutes.

Speed

Specialist services: 1–2 business days. Cash pickup: minutes. Bank SWIFT: 2–4 business days.

Tax implications

Australia: No tax on outbound transfers.

Vietnam: Personal inward remittances are not taxed. Vietnam does not impose income tax on remittances received from overseas family members.

Common mistakes

Using bank SWIFT for regular family remittances. Specialist services are significantly cheaper for the AUD-to-VND corridor.

Not confirming the recipient's bank accepts international transfers. Most major Vietnamese banks do, but some smaller banks or specific account types may have limitations. Confirm with the recipient before sending.

Frequently asked questions

How much can I send from Australia to Vietnam?

No Australian cap. Vietnam has no cap on personal inward remittances.

How long does a transfer take?

Specialist services: 1–2 business days. Cash pickup: minutes. Bank SWIFT: 2–4 business days.

Is the money taxed in Vietnam?

No. Personal remittances from overseas are not taxed in Vietnam.

Can I send to a Vietnamese e-wallet?

Some providers may support delivery to Vietnamese e-wallets — check current provider offerings for this option.

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