Sending money from the United States to Vietnam: the payments stack
Sending USD 200 from the United States to Vietnam cost 5.27% of the amount on average in Q3 2025, across 35 services in the World Bank's Remittance Prices Worldwide survey. Payouts in Vietnam typically run over NAPAS 247, VietQR (NAPAS 247 by QR); between now and the end of 2027 there are 11 weekdays when banks in the United States are closed but Vietnam keeps paying out, so the payout balance has to be funded before them.
| Average cost to send | 5.27% of USD 200 (Q3 2025, World Bank RPW) source |
| Money transfer operators | 4.84% across 32 services |
| Banks | 9.83% across 3 services |
| Collect in United States | FedNow Service, FedNow network limit, RTP network, Fedwire Funds Service, FedACH and Same Day ACH, Same Day ACH limit |
| Pay out in Vietnam | NAPAS 247, VietQR (NAPAS 247 by QR), CITAD (high-value interbank) |
What it costs to send USD 200
The World Bank surveyed 35 services sending from the United States to Vietnam from 13 August 2025 to 20 August 2025. The average total cost, fees plus the FX margin, was 5.27% of the amount sent; money transfer operators averaged 4.84% and banks 9.83%. source
Bank and operator averages are worked out from the survey's provider types.
The send side: the United States
- With few exceptions, each money services business must register with the US Treasury through FinCEN by filing FinCEN Form 107 within 180 days of being established, and must renew the registration every two years; a business that is an MSB only because it acts as agent of another MSB does not register. source
- Money transmission is also licensed state by state. As of September 2026, 31 states have enacted the CSBS Money Transmission Modernization Act in full or in part, and money transmitters licensed in at least one adopting state account for 99% of reported money transmission activity. source
- The Money Transmission Modernization Act sets a minimum tangible net worth of the greater of US$100,000 or 3% of total assets for the first US$100 million, 2% of assets from US$100 million to US$1 billion and 0.5% of assets above US$1 billion, and encourages states to run licensing, surety bonds and reporting through NMLS. source
Licences, sponsor banks, collections, ramps and KYC providers: sending from the United States.
The payout side: Vietnam
| Payout partner | What it does in Vietnam | Source |
|---|---|---|
| Nium · our guide | Pays VND in real time 24x7 to 30+ major banks up to VND 499,999,999 per transfer, to wallets and via Visa Direct, and same day over CITAD above that; supports B2P, P2P and P2B flows. | source |
| dLocal · our guide | Supports payouts in Vietnam by bank transfer and to wallets such as MoMo, VNPAY, VNPT Pay and ZaloPay. | source |
| Xendit | Pays out VND over NAPAS (about 15 minutes, up to VND 299,000,000) and CITAD (same day, 2 p.m. cut-off, on activation) for B2C and C2C flows. | source |
| MoMo (M_Service) | Runs an international money receiving service with overseas and domestic remittance partners that credits verified MoMo wallet users 24/7, including weekends and holidays. | source |
Licensing, local banks, stablecoin ramps, FX and KYC in Vietnam: launching payments in Vietnam.
Payout rails in Vietnam
| Rail | Operator | What matters for payouts | Source |
|---|---|---|---|
| NAPAS 247 | National Payment Corporation of Vietnam (NAPAS) | Real-time transfers to cards and bank accounts, also by phone number, e-wallet and mobile money, at any time including outside office hours and at weekends, for amounts below VND 500 million per transaction. | source |
| VietQR (NAPAS 247 by QR) | National Payment Corporation of Vietnam (NAPAS) | QR-based NAPAS 247 transfers between accounts at 50+ member banks, 24/7, below VND 500 million per transaction. | source |
| CITAD (high-value interbank) | Used for payouts above VND 500 million; Nium processes them same day with a 15:30 local time (08:30 UTC) cut-off for supported banks. | source |
Holiday gaps to plan for, to December 2027
Weekdays when one side of the corridor is closed. On the 11 dates when the United States is closed and Vietnam is open, the payout balance has to already hold enough to cover them. On the 12 dates when Vietnam is closed, instant rails may still pay out.
| Date | United States | Vietnam | What it means |
|---|---|---|---|
| Wed 11 Nov 2026 | Veterans Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Tue 24 Nov 2026 | Open | Vietnamese Culture Day (Ngay Van hoa Viet Nam) | Vietnam banks closed: only always-on rails pay out |
| Thu 26 Nov 2026 | Thanksgiving Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Fri 25 Dec 2026 | Christmas Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Fri 1 Jan 2027 | New Year's Day | New Year's Day | Both closed |
| Mon 18 Jan 2027 | Martin Luther King Jr. Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Thu 4 Feb 2027 | Open | Tet holiday (28th day of the 12th lunar month) | Vietnam banks closed: only always-on rails pay out |
| Fri 5 Feb 2027 | Open | Tet holiday (eve of Lunar New Year) | Vietnam banks closed: only always-on rails pay out |
| Mon 8 Feb 2027 | Open | Tet holiday (3rd day of the 1st lunar month) | Vietnam banks closed: only always-on rails pay out |
| Tue 9 Feb 2027 | Open | Tet compensatory day | Vietnam banks closed: only always-on rails pay out |
| Wed 10 Feb 2027 | Open | Tet compensatory day | Vietnam banks closed: only always-on rails pay out |
| Mon 15 Feb 2027 | Washington's Birthday (Presidents Day) | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Fri 16 Apr 2027 | Open | Hung Kings Commemoration Day (10th day of the 3rd lunar month) | Vietnam banks closed: only always-on rails pay out |
| Fri 30 Apr 2027 | Open | Reunification Day (Victory Day) | Vietnam banks closed: only always-on rails pay out |
| Mon 3 May 2027 | Open | Labour Day compensatory day | Vietnam banks closed: only always-on rails pay out |
| Mon 31 May 2027 | Memorial Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Mon 5 Jul 2027 | Independence Day (observed) | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Thu 2 Sep 2027 | Open | National Day | Vietnam banks closed: only always-on rails pay out |
| Fri 3 Sep 2027 | Open | National Day (second day) | Vietnam banks closed: only always-on rails pay out |
| Mon 6 Sep 2027 | Labor Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Mon 11 Oct 2027 | Columbus Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Thu 11 Nov 2027 | Veterans Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
| Wed 24 Nov 2027 | Open | Vietnamese Culture Day (Ngay Van hoa Viet Nam) | Vietnam banks closed: only always-on rails pay out |
| Thu 25 Nov 2027 | Thanksgiving Day | Open | Prefund Vietnam the day before: no funding from the United States, payouts continue |
Full calendars: United States and Vietnam. Size the buffer with the corridor runway calculator.
Funding the corridor
- Fedwire does not run on Saturdays, Sundays or Federal Reserve holidays; the Monday business day opens at 9:00 p.m. ET on Sunday and every business day closes at 7:00 p.m. ET, with customer transfers cut off at 6:45 p.m. ET. source
- Federal Reserve holidays in the rest of 2026 are Veterans Day (11 November), Thanksgiving (26 November) and Christmas (Friday 25 December); in 2027, Juneteenth (19 June) and Christmas (25 December) fall on Saturdays, so the Reserve Banks open on the Friday before. source
- NAPAS 247 handles transfers below VND 500 million per transaction at any hour; larger payouts move to same-day CITAD, which Nium cuts off at 15:30 local time. source
- Xendit caps NAPAS payouts at VND 299,000,000 and cuts off CITAD at 2 p.m. Vietnam time, so provider limits can sit below the network limit. source
- Nium notes that banks can ask for documents on transactions above VND 250 million. source
Running the corridor
Polynopsis shows every balance on both sides of this corridor in one live position: the collection accounts in United States, the payout partners and banks in Vietnam and any stablecoin in between. It warns before the Vietnam balance runs dry, holidays included. See how it works.
Frequently asked questions
How much does it cost to send money from the United States to Vietnam?
The World Bank's survey put the average total cost of sending USD 200 at 5.27% in Q3 2025, across 35 services. Money transfer operators averaged 4.84%.
Which rails pay out in Vietnam?
Local payouts run over NAPAS 247, VietQR (NAPAS 247 by QR), CITAD (high-value interbank).
When do I need to prefund Vietnam payouts ahead of holidays?
Between now and December 2027 there are 11 weekdays when the United States is closed and Vietnam is open, the first on Wed 11 Nov 2026. The payout balance has to cover those days before they start.
Related corridors
Sources
- World Bank, Remittance Prices Worldwide dataset · World Bank
- Holiday Schedules (Federal Reserve Banks, 2026 to 2030, plus FedACH holiday processing) · Federal Reserve Financial Services
- Fedwire Funds Service and National Settlement Service Operating Hours · Federal Reserve Financial Services
- Thong bao lich nghi tet Am lich va le Quoc khanh nam 2027 · Ministry of Home Affairs
- Viet Nam announces 2027 public holiday schedule · Viet Nam Government Portal
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.