{"id":9396,"date":"2023-08-17T20:58:10","date_gmt":"2023-08-17T13:58:10","guid":{"rendered":"https:\/\/bitcoinvn.io\/news\/?p=9396"},"modified":"2026-05-23T09:32:31","modified_gmt":"2026-05-23T02:32:31","slug":"the-expats-unconventional-guide-to-sending-money-back-home","status":"publish","type":"post","link":"https:\/\/bitcoinvn.io\/insights\/the-expats-unconventional-guide-to-sending-money-back-home\/","title":{"rendered":"The Expat&#8217;s Unconventional Guide to Sending Money Back Home &#8211; How to Save Time, Hassle and Fees"},"content":{"rendered":"<p>Most people don\u2019t know that you can send money back home WITHOUT a trip to a Vietnamese bank.<\/p>\n<p>Going to the bank is a chore. You can&#8217;t go during lunch, need your passport and documents, must take a ticket to wait for your number to be called &#8211; and then you need to fill out forms. This process, along with bank fees, seems like a fact-of-life.<\/p>\n<p>It doesn&#8217;t have to be anymore.<\/p>\n<p>It&#8217;s possible to send money out of Vietnam without going through the bank &#8211; from the comfort of your home.<\/p>\n<p>*The following process is meant as a guide, please take note to make sure your tax filings are up to date to avoid unexpected surprises along the way.<\/p>\n<h2>1. The Process Overview<\/h2>\n<p>To avoid the banks and send money home, we will need to use two crypto exchanges and stablecoins (<a href=\"https:\/\/bitcoinvn.io\/?deposit=vnd&amp;settle=usdc\" target=\"_blank\" rel=\"noopener\">USDC<\/a>).<\/p>\n<p>*Stablecoins will be denoted as USDC<\/p>\n<p>The crypto exchanges replace our banks to send and receive the transaction and USDC is used to transfer money between them.<\/p>\n<p>This method is how we send everything digitally from home.<\/p>\n<p>The process is similar to how banks transact, only we are doing it ourselves.<\/p>\n<p>We can send and verify money back home almost instantly and securely with lower fees than banks.<\/p>\n<h2>2. The Tools We Need<\/h2>\n<p>Because the crypto exchanges are replacing the banks in our money transfer, we&#8217;ll need to set up our own &#8220;bank&#8221; in each country.<\/p>\n<p>*I will use receiving in the USA as an example.<\/p>\n<p>Create two crypto exchange accounts &#8211; one with <a href=\"https:\/\/bitcoinvn.io\/?deposit=vnd&amp;settle=usdc\" target=\"_blank\" rel=\"noopener\">BitcoinVN.io<\/a> for the Vietnamese side and one account with Coinbase for the US side (choose your country&#8217;s crypto exchange). BitcoinVN.io is how we convert money from <a href=\"https:\/\/bitcoinvn.io\/?deposit=vnd&amp;settle=usdc\" target=\"_blank\" rel=\"noopener\">VND to USDC<\/a>, and Coinbase is how we convert USDC to dollars. The two exchanges act as banks to facilitate this transaction.<\/p>\n<p>The two exchanges are used to essentially send money to yourself.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-9397\" src=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2023\/08\/Guide-to-Sending-Money-Back-Home.jpg\" alt=\"How to send money out of Vietnam\" width=\"600\" height=\"614\" srcset=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2023\/08\/Guide-to-Sending-Money-Back-Home.jpg 600w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2023\/08\/Guide-to-Sending-Money-Back-Home-293x300.jpg 293w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2023\/08\/Guide-to-Sending-Money-Back-Home-356x364.jpg 356w, https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2023\/08\/Guide-to-Sending-Money-Back-Home-410x420.jpg 410w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/p>\n<h2>3. VND to Stablecoins (USDC)<\/h2>\n<p>Convert your VND.<\/p>\n<p>On BitcoinVN, convert VND to USDC by sending VND from your Vietnamese banking app to the USDC address displayed in the Coinbase account.<\/p>\n<p>We are instructing BitcoinVN to send USDC to your exchange in the US<\/p>\n<h2>4. USDC to Dollars<\/h2>\n<p>The hard part is over.<\/p>\n<p>Now that we received USDC in the Coinbase account, sell the USDC for dollars. The value from USDC to dollars will remain the same and the entire conversion is complete.<\/p>\n<p>This transaction was made from home, within minutes.<\/p>\n<h2>5. Withdrawal to Bank Account<\/h2>\n<p>Move the money from Coinbase into your bank account.<\/p>\n<p>Withdraw the dollars from Coinbase into your linked bank account. This is the final step in the process. The funds are now in your US bank account.<\/p>\n<p>And now we&#8217;ve converted and transferred VND to USD without going to the bank &#8211; saving time, hassle and fees.<\/p>\n<p>To summarize:<\/p>\n<ol>\n<li>Convert VND to USDC (Stablecoin) through <a href=\"https:\/\/bitcoinvn.io\/?deposit=vnd&amp;settle=usdc\" target=\"_blank\" rel=\"noopener\">BitcoinVN.io<\/a>.<\/li>\n<li>Convert USDC to dollars within your crypto exchange in your home country. <\/li>\n<li>Withdraw dollars from your crypto exchange to your bank account.<\/li>\n<\/ol>\n<p>Thanks for reading!<\/p>\n<h2><a href=\"https:\/\/bitcoinvn.io\/?deposit=vnd&amp;settle=usdc\">BUY USDC WITH VND BANK WIRE!<\/a><\/h2>\n","protected":false},"excerpt":{"rendered":"<p>Learn how expats in Vietnam can send money home using BitcoinVN, USDC, and a receiving exchange while avoiding bank visits, delays, and extra bank fees.<\/p>\n","protected":false},"author":13,"featured_media":9403,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10551,8344],"tags":[],"class_list":["post-9396","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured-sidebar","category-life-entrepreneurship"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Expat money Transfers: Save time, fees and hassle<\/title>\n<meta name=\"description\" content=\"It\u2019s possible to send money out of Vietnam without going through the bank \u2013 from the comfort of your home....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bitcoinvn.io\/insights\/the-expats-unconventional-guide-to-sending-money-back-home\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expat money Transfers: Save time, fees and hassle\" \/>\n<meta property=\"og:description\" content=\"It\u2019s possible to send money out of Vietnam without going through the bank \u2013 from the comfort of your home....\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bitcoinvn.io\/insights\/the-expats-unconventional-guide-to-sending-money-back-home\/\" \/>\n<meta property=\"og:site_name\" content=\"BV Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/www.bitcoinvn.io\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-17T13:58:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-23T02:32:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinvn.io\/insights\/wp-content\/uploads\/2023\/08\/dollars-globe.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1456\" \/>\n\t<meta property=\"og:image:height\" content=\"816\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Quynh Nguyen\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@bitcoin_vietnam\" \/>\n<meta name=\"twitter:site\" content=\"@bitcoin_vietnam\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Quynh Nguyen\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/bitcoinvn.io\/insights\/the-expats-unconventional-guide-to-sending-money-back-home\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/bitcoinvn.io\/insights\/the-expats-unconventional-guide-to-sending-money-back-home\/\"},\"author\":{\"name\":\"Quynh Nguyen\",\"@id\":\"https:\/\/bitcoinvn.io\/insights\/#\/schema\/person\/d8a343fdd1704a26e0c98da64742c5cc\"},\"headline\":\"The Expat&#8217;s Unconventional Guide to Sending Money Back Home &#8211; 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