Need to send many small payments to Vietnam what's the best way to go about it?

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Jack.R.
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Need to send many small payments to Vietnam what's the best way to go about it?

Post by Jack.R. » Mon Nov 19, 2018 5:46 pm

I need to send some 100 or so payments in a week to Individuals across Vietnam, around 30$ each.
MoneyGram Is shite as they ask 15$ for each payment.
Western Union is also bad, it would take forever to fill all those forms and it's still expensive.
Opening an account in Vietnam would probably require me to open a company to justify the flow of cash and generally cause a lot of annoyances if the govt. thinks that I am running some business from Vietnam without a company there so I prefer to operate from Cambodia if possible.
I was wondering if there is anything like a PayPal or pipay that can fish the funds from my Cambodian/EU/Chinese Visa/master/accounts and easily send the money. That would be the best for me.
Thanks.
Rogue
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by Rogue » Tue Nov 20, 2018 6:54 am

Look at transferwise and xoom.
nouseforaname
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by nouseforaname » Tue Nov 20, 2018 7:05 am

Use BCH, Bitcoin Cash.. It may cost you a penny or two to send each payment.
RogueAnt
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by RogueAnt » Tue Nov 20, 2018 9:27 am

Yes you can withdraw to a bank account with Paypal in Vietnam. The exchange range isn't the best and then there are bank charges. AGRIBANK charges 60,000 to withdraw to account.

As you probably know, you can't withdraw to a Cambodian bank account with Paypal.
Don Sergio
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by Don Sergio » Tue Nov 20, 2018 9:43 am

Try Metfone's emoney or vietnamese MB Bank (same operation).
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sigmoid
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by sigmoid » Tue Nov 20, 2018 9:58 am

Yes, as mentioned above, Transferwise was recently mentioned to me as a good way to send money to Vietnam instead of PayPal. Haven't actually used it yet though, so can't offer any first-hand comments.
shnoukieBRO
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by shnoukieBRO » Tue Nov 20, 2018 2:53 pm

Revolut to revolut Is free
Rogue
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by Rogue » Wed Nov 21, 2018 4:31 am

RogueAnt wrote:
Tue Nov 20, 2018 9:27 am
Yes you can withdraw to a bank account with Paypal in Vietnam. The exchange range isn't the best and then there are bank charges. AGRIBANK charges 60,000 to withdraw to account.

As you probably know, you can't withdraw to a Cambodian bank account with Paypal.
You can with xoom, a paypal service, of course.
nathandev
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by nathandev » Mon Jun 03, 2019 11:41 pm

Bitcoin exchange now provides service to attach your verified bank accounts which made easy to transfer your funds from exchange to accounts and vice-versa.

There are services such as "coinbase"
icetiger81
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Re: Need to send many small payments to Vietnam what's the best way to go about it?

Post by icetiger81 » Thu Aug 15, 2019 10:59 am

im dying to know why one would require to send many small payments like this...hmmmmmm
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