Regulations on bringing cash and foreign currency upon entry 2024

Regulations on bringing cash and foreign currency upon entry 2024

1. Personal when entry Through Vietnam's international border gates with a passport, carrying foreign currency, cash, and Vietnamese Dong in cash above the prescribed level below must be declared at border customs:

5,000 USD or other foreign currencies of equivalent value;  

15,000,000 VND

2. In case an individual enters the country with equal to or less than 5,000 USD or other foreign currencies of equivalent value and wishes to deposit this foreign currency cash amount into the foreign currency payment account opened by the individual. At credit institutions and foreign bank branches licensed to conduct foreign exchange activities, they must also declare border customs.

3. Declaration entry – exit Having confirmation from border gate customs about the amount of foreign currency in cash brought in is the basis for the credit institution to be allowed to deposit foreign currency in cash into the payment account.

4. The level of foreign currency in cash and Vietnamese Dong in cash required to be declared at border gate customs does not apply to individuals carrying payment instruments and valuable papers in foreign currency or Vietnamese Dong. South such as traveler's checks, bank cards, savings books, securities and other valuable papers.

Legal grounds:

1. Circular No. 15/2011/TT-NHNN dated August 12, 2011 regulating the carrying of foreign currency cash, Vietnamese Dong, and personal cash when exiting or entering the country.

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