How to send money from Poland to Vietnam?
Poland is a country located in Central Europe, bordering Germany, Slovakia, Czech Republic, Ukraine, Belarus, Lithuania, Russia and the Baltic Sea. This place is also the place where more than 60000 Vietnamese people live, study and work.
Unlike many other European countries, Poland uses the Zloty Poland (PLN) as the main payment instrument in its country. So how can Vietnamese people in Poland send remittances to their relatives in their homeland, let's find out with FinFan through the following article.
How to make remittances to Vietnam in the traditional ways?
Bank transfer is often the best choice.
For transferring money to Vietnam, you need to have a Polish citizen identity card. Then, you bring this card to the bank and follow all the instructions of the staff and send your money to the bank to make the remittance back to Vietnam.
Using the services of international transfer companies to send money from Poland to Vietnam
- Western Union
Western Union is the biggest international transfer company in the world with more than 170 years of development history. This giant of international money transfer has helped many people to cross border money transfer.
With this method, senders need to go to the nearest WU of their locations in Poland, fill out the form, follow the instructions of the staff and receive a secret number sequence consisting of 10 characters, transfer that number to the recipient in Vietnam. To receive money, you have to go to the bank and ask the staff to guide you to receive the remittance.
MoneyGram International is a global leader in cross-border remittance and payments. Its consumer-centric goals enable family and friends to send money quickly, securely, and at reasonable prices based on a unique API platform system in over 200 countries.
MoneyGram utilizes a large-scale, modern technology platform to serve millions of people worldwide each year. Collaboration with major fintech companies around the world also makes MoneyGram a leading fintech company.
With a strong culture of innovation and a relentless focus on utilizing technology to deliver the world's best customer experience, MoneyGram is leading the evolution of cross-border payment platforms.
Faster, safer, and transparent is what should be said about this real-time money transfer service platform. Through a single API payment gateway, every transaction of the customer is processed faster and more efficiently. Besides, it also helps FinFan – MoneyGram to maintain a low cost of transactions as well as improve the customer experience.
Just like Western Union, senders need to find out the nearest branches of MoneyGram in their locations and carry out the procedures to be able to transfer money directly to a bank account in Vietnam. With API integrated by FinFan, in less than 2 business days or less.
For more information, please visit www.MoneyGram.com and follow @MoneyGram.
How fintech can help the remittances to Vietnam from Poland?
Currently, some fintech companies have started providing remittance services from Poland to Vietnam.
Remitly (FinFan’s partner)
Remitly is an online money transfer service that operates in the United States, Canada, and the U.K.
The company was founded by Matt Oppenheimer in 2010 with the name Beamlt Mobile. After the company moved from Idaho to Seattle, it was renamed Remitly.
Remitly's mission is to help millions of people who must bravely leave their homeland to earn a living in a faraway country and regularly send money back home to their loved ones.
Vietnamese people in Poland are also one of them when they may be working in factories in Poland to regularly transfer remittances back home to their families.
Currently, Vietnamese people just need to pick up the phone and operate a few steps to be able to make money transfer orders to Vietnam easily via Visa card and can transfer directly to the final recipients’ bank or e-wallets.
Paysend (FinFan’s partner)
Just like Remitly, Paysend is also an online money transfer service, which was founded in the UK and has helped over 6 million immigrants in more than 170 countries around the world to make remittances back to their hometowns.
Vietnamese immigrants in Poland can use this website or app with a few simple steps to send money back to their loved ones. Just like Remitly, the money will go directly to their relatives’ bank accounts or e-wallets.