Transfer money from US bank account to Vietnam account at lowest cost 🇻🇳

Use Obvious Money USD account and make seamless USD transfers using ACH, SWIFT or transfer dollars from your US bank account to your local bank account seamlessly and at the lowest cost. Moreover, get upto 5.5% interest when you deposit money in the Obvious Money US account

It’s free and always will be!

Obvious Money is a financial technology company, not a bank. Banking services are provided by Layer2 financial services Inc.

Obvious money appObvious Money app

Beyond an ordinary bank account

Earn interest on your funds

Earn interest on your funds

Earn up to 5.5% APY on your funds. Withdraw anytime, anywhere, any amount

Seamless Bank transfers

Seamless Bank transfers

Recieve and send payments through ACH, WIRE, Swift transfers

Remit USD to your local bank account at the lowest cost

Remit to your local account

Remit USD to your local bank account at the lowest cost possible!

P2P Transfers to any phone number

P2P Transfers to any phone number

Send money to anyone globally with just a phone number for free!

How to open a free USD bank account from Vietnam

1
Download the Obvious Money app from the App Store or Play Store
1
Download the Obvious Money app
2
Sign up for the app using your phone number
2
Sign up for the app using your phone number
3
Set up a Passkey for authentication and account recovery. This will help you regain access if you lose your account
3
Set up a Passkey for authentication and account recovery.
4
Verify your identity by providing basic details. This is required to use the Obvious Money app
4
Verify your identity by providing basic details.
5
Once you've completed these steps, click on "Get US Bank Account" and proceed to KYC verification. This will unlock your free US bank account
5
Once you've completed these steps, click on "Get US Bank Account" and proceed to KYC verification.
6
You'll receive a notification when your KYC is approved. Then, you can add funds to your account
6
You'll receive a notification when your KYC is approved.
Get US bank account using Obvious Money

Get an account that works for you

Basic

For people with intermittent needs
Free
Forever
tick mark
Transaction processing fees: 0.5%
tick mark
ACH transfers: $1
tick mark
Fedwire In: $10
tick mark
Fedwire Out: $30
tick mark
SEPA transfers: $10
tick mark
SWIFT transfers: $50
Apply Now

Premium

For people with regular needs
$15 $0
Per month  First 3 months free
*subject to change
tick mark
Transaction processing fees: 0.25%
tick mark
ACH transfers: $0.5
tick mark
Fedwire In: $5
tick mark
Fedwire Out: $20
tick mark
SEPA transfers: $5
tick mark
SWIFT transfers: $35
Claim Now

Check if any other country is eligible for Obvious Money account

Eligibility for Obvious Money account depends on your country of residence and not your nationality.

Oops. We are currently unavailable in your country. While we strive hard to provide services in all countries we are limited by the  geographical coverage provided by our partners.
failure iconsuccess icon
Oops. We are currently unavailable in your country. While we strive hard to provide services in all countries we are limited by the  geographical coverage provided by our partners.
Obvious money app screenObvious money app screen

Frequently asked questions

How do I send an International money transfer from the US to Vietnam

plus button for navigation

You can send USD via ACH, Wire, or SWIFT transfer. The amount and time to send the funds will vary depending on the method chosen for transfer. Additionally, you can use Obvious Money p2p transfer to send funds using a phone number which is instant and free of cost.

Is Obvious Money a licensed financial institution

plus button for navigation

No, Obvious Money is not a bank nor a licensed financial institution. Obvious is a software company, that provides financial services in partnership with Layer2 Financial Inc, which is a licensed BAAS provider.

What documents do I need to open Obvious Money USD account?

plus button for navigation

You need a passport or local national identity proof to complete KYC and open a bank account.

Is Obvious Money a bank?

accordian plus icon

No, Obvious Money is not a bank nor a licensed financial institution. Obvious is a software company, that provides financial services in partnership with Layer2 Financial Inc, which is a licensed BAAS provider.

How does Obvious Money work?

plus button for navigation

Obvious Money provides a banking account on top of blockchain rails. When you receive USD in your account, it gets automatically converted to USDC(digital dollars provided by Circle) and stored in your account. When you send funds over ACH or International Wire, USDC gets converted to USD instantly and is sent over traditional banking rails.

Who can open a USD bank account?

plus button for navigation

USD bank account via Obvious Money is available in 150+ countries. You can check the eligibility for your country by checking on the website. After your KYC gets approved, you can start using your account.