What's the best way to bring and exchange money in Da Nang, Vietnam - cash or card?
Based on 2 discussions with 3 participants · Last activity: 13 days ago
TL;DR
Da Nang has thousands of currency exchange points with varying rates, but for larger amounts it's easier to just use a card - cash over $10,000 must be declared at customs.
What the community said
There are a huge number of currency exchange points in Da Nang - not just a dozen, but likely thousands across the city, with dozens sometimes on a single street. Rates vary between them, but hunting for the absolute best rate often isn't worth the effort since the difference is minimal.
18 days ago Thousands of exchange points citywide
Some travelers use cards where their home currency is automatically converted to USD, then withdraw Vietnamese dong from local ATMs - how profitable this is depends on the conversion and withdrawal fees, so it's worth checking your bank's terms beforehand.
26 days ago
If you're carrying more than $10,000 in cash out of the country, you need to file a customs declaration. There's no real need to carry a bag of cash - bank cards let you pay or transfer any amount, even up to a million dollars.
38 days ago $10,000 customs declaration threshold