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Regulations on people carrying cash abroad

Thu Hong  27/01/2021 12:00 AM

According to Article 2 of Circular No. 15/2011 /TT-NHNN dated August 12, 2011 and Official Letter No. 6521/NHNN-QLNH dated August 19, 2011, foreign-currency and Vietnam-dong cash amounts to be declared to border-gate customs offices upon entry or exit, as follows:

- Upon entry or exit via Vietnam’s international border gates with passports, persons who carry foreign-currency or Vietnam-dong cash in excess of the following amount shall be required to declare to border-gate customs offices: 5,000 USD (Five thousand US dollars) or cash amounts in other foreign currencies of equivalent value; and VND 15,000,000 (fifteen million Vietnam dong).

 - Persons on entry who carry a cash amount of USD 5,000 or less or cash amounts in other foreign currencies of equivalent value and wish to deposit such amounts in their foreign-currency payment accounts at credit institutions or foreign bank branches licensed to conduct foreign exchange operations (below collectively referred to as licensed credit institutions) shall also be required to declare to border-gate customs offices

Furthermore, in Clause 2, Article 7 of Decree No. 70/2014/ND-CP, residents are citizens of Vietnam may purchase, transfer or carry foreign currencies overseas according to the provisions of the State Bank of Vietnam for the following purposes:  Overseas study and treatment; Going on business trips, traveling or visiting overseas; Pay various fees and charges to foreign countries;  Benefits for relatives who are living abroad;  Transfer the inheritance for people inheriting abroad;  Transfers in cases settled abroad;  One way money transfer for other legitimate needs.

Authorized credit institutions shall be responsible for reviewing the documents and papers presented by residents, non-residents for sale, transfer, or confirmation of their own foreign currency source or purchase from authorized credit institutions that are permitted to carry out foreign countries based on actual requirements, sensible of each money transfer transactions (Clause 4, Article 7 of Decree No. 70/2014/ND-CP).


CurrencyEffective dateExchange rate
USD22/02/202122,910.00 đ
EUR22/02/202127,135.37 đ
JPY22/02/2021213.24 đ
GBP22/02/202131,404.29 đ
CHF22/02/202125,220.18 đ
AUD22/02/202117,565.84 đ
CAD22/02/202117,843.27 đ
SEK22/02/20212,709.43 đ
NOK22/02/20212,656.20 đ
DKK22/02/20213,658.96 đ
RUB22/02/2021311.77 đ
NZD18/02/202116,613.16 đ
HKD22/02/20212,921.67 đ
SGD22/02/202117,064.90 đ
MYR22/02/20215,645.43 đ
THB22/02/2021753.54 đ
IDR18/02/20211.65 đ
KRW22/02/202120.00 đ
INR22/02/2021315.23 đ
TWD18/02/2021826.35 đ
CNY22/02/20213,526.75 đ
KHR18/02/20215.70 đ
LAK18/02/20212.48 đ
MOP18/02/20212,895.68 đ
Hotline 19009299 for Vietnam Customs.
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