Exchange Rate Snapshot: 10,000,000 VND to USD

As of August 14, 2025, 10 million Vietnamese Dong (VND) is approximately equivalent to $380.79 USD, based on mid-market exchange rates . This conversion is crucial for individuals sending money from Vietnam to the United States, as it impacts the amount received by the recipient.

Comparing Remitly and Panda Remit for Cross-Border Transfers

When choosing a remittance service, it's essential to consider factors like exchange rates, fees, transfer speed, and security. Here's a comparative overview of Remitly and Panda Remit:

Remitly

• Exchange Rate: Remitly offers real-time, mid-market exchange rates with no markup.

• Fees: Fees are transparent and vary based on the amount sent and the payment method. For example, sending $100 USD to Vietnam incurs a fee of $1.99 USD.

• Transfer Speed: Transfers typically take 1-2 business days, depending on the payment method and recipient bank.

• Security: Remitly is regulated by financial authorities in various countries, ensuring secure transactions.

Panda Remit

• Exchange Rate: Panda Remit offers competitive exchange rates, often better than the mid-market rate.

• Fees: The first transfer is free for new users, and subsequent transfers have low fees, typically around $6.99 USD.

• Transfer Speed: Transfers are processed quickly, with many completed within minutes.

• Security: Panda Remit is licensed as a money service operator and employs robust security measures to protect users' funds.

Why Choose Panda Remit?

Panda Remit stands out for several reasons:

• Competitive Exchange Rates: Panda Remit often provides better exchange rates than traditional banks and other remittance services, ensuring recipients receive more money.

• Low Fees: With the first transfer free and subsequent transfers at a low fee, Panda Remit offers cost-effective remittance solutions.

• Fast Transfers: Many transfers are completed within minutes, providing recipients with timely access to funds.

• Convenience: The Panda Remit app allows users to send money anytime, anywhere, making the process convenient and accessible.

• Security: Licensed and regulated, Panda Remit ensures that users' funds are protected through stringent security measures.

Conclusion

For individuals looking to send money from Vietnam to the United States, Panda Remit offers a compelling alternative to traditional remittance services like Remitly. With competitive exchange rates, low fees, fast transfers, and robust security, Panda Remit provides a convenient and cost-effective solution for personal remittances.

To get started with Panda Remit and take advantage of their fee-free first transfer, visit Panda Remit's registration page.