ATM withdrawal using Niyo Global SBM Credit Card

Travel with Niyo
1

I am traveling to Vietnam in early May 24. Can anyone help me with total charges levied for ATM withdrawal in Vietnam?
From what I understand: both the banks - SBM & the bank from whose ATM I am withdrawing cash will charge something.
I want to know what extra SBM will charge above the exchange rate? And which exchange rate does SBM uses?
Finally would this card be supported in ATM in Vietnam?

Thanks in advance!!

2

Hi @Utkarsh_Deep ,

Apologies for the delay in response.

When withdrawing cash from ATMs in Vietnam using your SBM credit card, you’ll incur charges from SBM Bank, which are typically INR 500 or 2.5% of the transaction amount, whichever is higher. SBM Bank applies its own exchange rate for currency conversion during ATM transactions. Additionally, keep in mind that ATM providers in Vietnam may impose their own fees. Rest assured, your SBM credit card should be accepted at ATMs throughout Vietnam for withdrawals. If you have any further questions or need assistance, please don’t hesitate to contact global@goniyo.com. Safe travels!