9Remit: Best money transfer services in Hanoi, Vietnam

Hanoi, the heart of Vietnam’s booming economy, has become a vibrant hub for international trade and Foreign Direct Investment (FDI). As businesses in the capital expand their global footprint, the demand for reliable, fast, and compliant money transfer services has never been higher.

Whether you are paying overseas suppliers, managing global payroll, or repatriating profits, choosing the right partner is crucial for your operational success.

1. Top 5 Best money transfer services for Business in Hanoi

Navigating the financial landscape in Vietnam requires a balance between traditional reliability and modern fintech efficiency. 

1.1. Traditional banks (Vietcombank, BIDV, Techcombank)

Traditional banks remain a cornerstone of the financial system. They offer high security and are deeply integrated with the State Bank of Vietnam (SBV).

Best for: High-value transactions where traditional bank-to-bank trust is paramount.

Consideration: They often involve complex paperwork and slower processing times (T+3 to T+5).

1.2. 9Remit (Licensed International Payment Service Providers)

Developed by 9Pay, 9Remit is a specialized B2B cross-border solution licensed by the State Bank of Vietnam. It acts as a digital bridge between global financial standards and Vietnam's local regulations.

Best for: Small to medium-sized enterprises (SMEs) looking for low-cost transfers to specific countries. Businesses seeking T+0 settlement, full regulatory compliance, and competitive FX rates.

Key Advantage: Designed for large-volume business transfers, 9Remit handles the necessary paperwork for legally transferring funds out of Vietnam, such as payments to suppliers and shipping companies.

Contact us now!

• Website: 9Pay.vn

• Hotline: 1900 88 68 32 (Support 24/7)

• Email: [email protected]

1.3. Wise (Formerly TransferWise)

Wise is famous worldwide for its transparent mid-market exchange rates and user-friendly interface.

Best for: Global payments are easy, fast, and secure with over 40 currencies. Real-time exchange rates and lower fees compared to traditional banks.

Consideration: Outbound transfers from VND can sometimes be restricted or subject to lower limits compared to specialized local providers. 

1.4. Western Union

A household name for global remittances, Western Union has a massive network of agent locations across Hanoi.

Best for: Urgent, smaller payments or cash pickups.

Consideration: High transaction fees and less-than-ideal exchange rates make it costly for recurring B2B invoices.

1.5. PayPal

PayPal is ubiquitous for e-commerce and digital services.

Best for: Online businesses and freelancers receiving or sending small international payments quickly.

Consideration: Currency conversion fees can be high, and withdrawing funds to a local Vietnamese bank account often incurs additional costs and delays.

2. Why choose 9Remit for your business?

While there are many money transfer services in Hanoi, 9Remit is uniquely tailored to the needs of the Vietnamese corporate landscape. Here is why it is the preferred choice for international merchants:

Unmatched Speed: While traditional methods take days, 9Remit offers T+0 settlement. Your funds can arrive at the destination on the same day, ensuring your supply chain never stops.

Regulatory Excellence: Navigating Vietnam's foreign exchange controls can be a nightmare. 9Remit provides a compliant framework that ensures every transfer - whether for profit repatriation or supplier payment - is legal and documented.

Optimized Costs: By eliminating complex intermediary payment processes and providing competitive, real-time exchange rates, 9Remit helps businesses significantly save on transaction costs.

High Volume Capability: Built on a robust technology stack capable of processing hundreds of transactions per second, it is the perfect scale-up partner for high-growth firms.

3. How can 9Remit assist you?

9Remit is more than just a transaction platform; it is a comprehensive financial partner for your business in Vietnam. We assist you in:

Effortless profit repatriation: We help foreign-invested enterprises (FIEs) in Hanoi move their hard-earned profits back to their home country smoothly and legally.

Seamless supplier payments: Pay your global vendors in multiple currencies without the usual administrative headaches of a traditional bank.

Automated payroll management: Simplify the process of paying overseas employees or consultants through our integrated API and bulk payment features.

Real-time tracking: Gain full visibility into your cash flow with a dedicated dashboard that tracks every stage of your international transfer.

Selecting the right money transfer services in Hanoi, Vietnam can be the difference between a stalled operation and a thriving global enterprise. While traditional banks and global apps have their place, 9Remit offers the specialized compliance and speed that modern B2B transactions demand.

Ready to optimize your international payments? Contact 9Remit today to learn how we can help your business bridge the gap between Vietnam and the world.