Banking for Vietnamese in Europe?

  • Jul. 13th 2020
  • |
  • BankApply
Banking for Vietnamese in Europe?

In this article, we talk about which opportunities Vietnamese have to open a bank account in Europe.

Having a bank account in different countries is a great option to mitigate risks against local currency failure or any other economic problems that might affect your daily life and banking situation.

There are plenty of options for Vietnamese people to have European online bank account. There are several FinTechs that open accounts for Vietnamese citizens.

Fintechs can be a very good option, as they enable remote account opening and are fully digital. They are usually not allowed to give credit to clients, meaning they don't have the risk of loans going bad.

In this article, we're going to take a look at some European Fintechs which accept Vietnamese clients. The onboarding is online and you can always access your account from mobile or computer.

Let's look at 4 different FinTechs to start with. If you want to see the full list of banks & FinTechs with fee structures and overviews of banks that are suitable for Vietnamese citizens, please register as a BankApply user by clicking on the button on the top right-hand corner.

1. B2B Pay

Personal non-resident online bank account in Europe. Global payments in 138 currencies. Fully online onboarding, licensed in Finland. 

Website: https://www.b2bpay.co
Contact: https://www.b2bpay.co/contact
Pricing: https://www.b2bpay.co/pricing

2. PAYSERA

With a Paysera IBAN account, you can transfer money quickly and easily in many different currencies across the world. Transfers in Europe (SEPA) are FREE OF CHARGE for private clients. PaySera is also one of the partners of the Estonian e-Residency programme. 

Website: https://www.paysera.com
Contact: [email protected]
Pricing: https://www.paysera.com/v2/en-GB/fees

3. PERVESK

Pervesk UAB is a licensed Electronic Money Institution based in Lithuania and regulated by the Bank of Lithuania. They offer quick online onboarding, reasonable fees and a great user interface to manage your money and make payments. 

Website: https://pervesk.lt/en/
Contact: [email protected]
Pricing: https://pervesk.lt/en/pricing/

4. Satchelpay

SatchelPay is a European electronic money institution with a license covering 31 countries, licensed in Lithuania. They've got great usability and work with both individuals as well as businesses in Europe. 

Website: https://www.satchelpay.com/
Contact: [email protected]
Pricing: https://www.satchelpay.com/en/fees/

Want More Banking Options For Vietnamese In Europe?

These are just 4 options for Vietnamese to open a bank account in Europe. Register at BankApply to find more options that cater to your exact needs, including conventional banks (and not just Fintechs). 

Read why it makes sense to open an account abroad. 

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