Deposit Savings
Safe, simple, and reliable savings deposit services in Vietnam—designed for peace of mind and easy access.
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Secure, Simple, Smart - Deposit Savings in Vietnam
Saving in Vietnam as a foreigner can be a smart financial move—but navigating the banking system isn’t always simple. Regulatory requirements, document checks, and language barriers can make the process feel overwhelming without proper guidance.
At The Nest Asia, we make saving in Vietnam easy and secure. Our team partners with trusted banks to help you open savings deposit accounts that meet local compliance standards while maximizing your returns. Whether you’re planning long-term stays or diversifying your portfolio, we ensure a smooth, stress-free setup—so your money works for you with confidence.
Benefits of Deposit Savings with The Nest Asia
Comprehensive Relocation Support
Tailored services for seamless relocation and daily life.
One-Stop Expatriate Services
Complete services for housing, legal, financial, and more.
Local & Expatriate Network
Combine local and expatriates networks, real life experience.
Family-Centric Services
Support for families, including education and childcare referrals.
Other Services for Expats in Vietnam
Open an Individual Bank Account
Open an individual bank account in Vietnam quickly and easily with our hassle-free process.
Open a Business Bank Account
Effortless business bank account setup in Vietnam—perfect for entrepreneurs launching with ease.
Open a Stock Account
Seamless stock account opening in Vietnam—kickstart your investment journey with confidence, clarity, and expert support.
Business Setup
Full-service support for setting up your business in Vietnam—efficient, compliant, and tailored to your success.
Not sure where to start? Talk to a consultant
FAQ on Deposit Savings in Vietnam
I’m an overseas Vietnamese with a Vietnamese passport. Can I open a savings account in foreign currencies?
If you are a Vietnamese citizen living abroad for more than 12 months, you are not classified as a Vietnamese resident under Vietnamese law.
According to Circular 48/2018/TT-NHNN and the 2013 Ordinance on Foreign Exchange, only Vietnamese residentsare eligible to open foreign-currency savings accounts. However, you can still open a Vietnam-dong savings accountand authorize a family member to manage interest withdrawals on your behalf.
Can foreigners deposit savings in Vietnam?
Under current regulations (Circular 48/2018/TT-NHNN by the State Bank of Vietnam), savings deposit accounts are reserved for Vietnamese citizens. This means traditional savings books or term deposit products are not typically available to foreign individuals.
However, expats can still access a range of other financial services—including personal and business bank accounts, current accounts, and foreign currency deposit options. Many banks also offer investment-linked and flexible deposit products tailored to non-residents.
It’s best to consult directly with your preferred bank or a local advisor to explore the most suitable solutions for your financial goals in Vietnam.
What should I check on my Savings Book or Savings Card in Vietnam?
A savings book/card confirms your deposit ownership at a Vietnamese bank. Be sure it includes:
Bank name, seal, teller, and legal rep’s signature
Your full name, ID number, and issue date
Deposit details: card number, amount, currency, deposit date, term, interest rate, and maturity date
Access methods and procedures for lost or damaged cards
Always review your savings book carefully to avoid errors or confusion.
What are the procedures for making a savings deposit in Vietnam?
Visit a credit institution in person – Most savings deposits must be made directly at the bank unless you’ve registered for internet banking.
Bring personal ID – You’ll need valid identification. For joint deposits, all depositors must provide their documents.
Using a representative? – They must show a legal authorization document and ID.
Receive deposit certificate – After completion, the bank will issue a savings certificate to you or your representative.
Interest withdrawals – You may authorize a trusted person (e.g., a parent) to withdraw interest or part of the deposit.
Disclaimer
The Nest Asia (“we”) provides the information on this website solely for general informational purposes and makes no representations or warranties regarding its accuracy, completeness, or reliability.
We are not an authorized government agency, nor are we an official provider of government-related documents or services. We do not promote or represent any official services or documents issued by the Government of the Socialist Republic of Vietnam. This includes, but is not limited to, electronic travel visas, passports, housing services, business registration, employment support, or health and education services for expatriates. All official documents must be obtained directly through the appropriate governmental authorities or their designated representatives.
