暗网禁区

Hi everybody,
I am French and I live (around 7 months/year) in Vietnam with tourist visas. I had until four bank accounts in Vietnam (I mean : in four different banks).
Little by little, I have been denied the right to open saving accounts. Recently, the last bank where I still had saving accounts began to not allow me to stay with saving accounts any more : when each saving account arrives to its term, all the money is transferred to "sleep" on my current account...
Please, do you know some vietnamese banks where "tourist " foreigners still can open a current account and, after that, open saving accounts ?
Thanks in advance :-)
Laurent (Larry)
-@Laurent futur Nha Trang

Thanks very much for sharing your first person account, because many people with the same question need to read your story.

It's sad to say but you are describing the result of the changes in the banking laws a couple of years ago.

It's simply not legal anymore for a person on a tourist visa to open a savings account.

The best that a person on a tourist visa might be able to do is open what's called an international account, or also a foreign currency account.

These are accounts that only allow deposits by wire transfer.

They don't have any of the perks of a Vietnamese domestic account such as money transfer.

About the only thing you can do with them is use a debit card from the bank to withdraw your funds from their ATM machine which of course will cost you additionally.

I know that's not the answer you were looking for and I know somebody on here is going to say you can open an account with Timo, but that's not a domestic account and it's definitely not a savings account.

Thank you OB. I am aware it's the consequence of law change a couple years ago, but until July this year I have been able to open new saving accounts in one of my vietnamese banks, so I wonder if it's still possible elsewhere:-)

About Timo, it was one of my four vietnamese banks, and it's been the first one to not allow me to open new saving accounts :-)

Now, for my "sleeping" money on current account, I have different options :

- to put the "sleeping" money in an sleeping account in usd (or, better, in swiss francs) if it's allowed... (no interest rate, but loss is, de facto, much less important) ;

- to buy gold ingots or something like that (if it's allowed...) and put them in a safety box in a bank (if it's allowed). I saw some vietnamese banks seems to give safety boxes for renting ;

- to transfer to bank account in other country : impossible directly for me. It seems it was possible several months ago to buy stablecoins via vietnamese intermediaries and send them via Binance. But it seems it's not possible any more at the moment ;

- to invest in a vietnamese company in order to get a visa or a resident card allowing me to acting normally in vietnamese banks...

Thanks in advance for your advices about these options or about others :-)