Vietcombank Binary Options Brokers

Vietcombank transfers are a popular online payment method in Vietnam and also provide a secure way of depositing funds to binary options accounts.

This guide will cover transaction times, pricing, security, and instructions for making a payment to Vietcombank binary brokers. We have also compiled a list of the top binary options brokers that accept Vietcombank transfers. 

We confirmed every binary platform below supports Vietcombank by logging into their cashier portals or speaking to their customer service teams.

Binary Brokers with Vietcombank

List of Binary Options Brokers that Accept Vietcombank

	Broker		Min Deposit	Expiry Times
	IQ Option		$10	60 seconds - 1 month
	OlympTrade		$10	5 seconds - 23 hours

Best Binary Options Brokers

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How Vietcombank Transfers Works

Vietcombank – the abbreviated brand name used by the Joint Stock Commercial Bank for Foreign Trade of Vietnam – is a large bank in Vietnam that has been operating since 1963.

It launched its IPO raising over $650 million in 2007. After its IPO in 2007, Vietcombank officially converted into a joint-stock commercial bank on 2 June 2008, then swiftly moved on to earn a listing on the Ho Chi Minh City Stock Exchange in 2009.

Vietcombank now provides services for commercial banking, investment banking, and fund management with more than 600 branches and office locations.

The bank’s services, including international/overseas transfers, are mostly aimed at Vietnamese customers. This has made it an attractive fit for binary options brokers who are looking to make themselves a more attractive option to customers in this region.

It is also a good solution for binary options traders from neighbouring areas who have an interest in the country and use local financial products.

Transaction Times

Vietcombank’s online payment services are generally open around the clock, but some rails have cut-off times and are close for maintenance.

However, since transfers are not guaranteed to be instant, processing times can be longer than other binary payment methods, such as PayPal or debit cards.

Traders should also keep in mind that transaction times with brokers might differ from that of the payment provider itself.

Many binary options brokers that accept Vietcombank transfers will process your deposit as soon as the bank is able to, but sometimes it can take several working days before funds will appear in your trading account.

Pricing Review

Because Vietcombank is a bank rather than a virtual payment system like PayPal, fees for international transfers tend to be higher than other payment methods.

This also means that binary options brokers operating outside of Vietnam may be charged fees by the bank for payments that they have to process.

The binary broker may cover this fee themselves or the cost may be reflected in the fees they charge to traders.

There may also be a commission if you transfer funds in Vietnamese dong (VND) and your binary options broker has to convert the currency into USD or EUR, for example.

Safety

Security is one of the key ways in which Vietcombank transfers are a frontrunner for binary options payment methods in Asia. The bank was awarded the Champion Security Award by Visa in 2019.

Because it operates as a traditional bank, Vietcombank is obliged to comply with rigorous safety procedures to ensure that funds are kept secure. In 2021, the bank brought in an upgrade to its 3D secure feature for card transactions.

To open an account, clients generally have to submit ID documents and facial recognition, and from this point onwards, transactions will normally need to be verified by various methods like Smart OTP.

However, it is important to also ensure that you only trade with Vietcombank binary options brokers that are trustworthy and reliable. Look for user reviews, binary options industry awards, plus details of security measures.

Regulation

Vietcombank is a Vietnamese commercial bank and operates under the oversight of the State Bank of Vietnam (SBV). SBV explains its role and goals for banking inspection and supervision, which includes supporting the safe and sound operation of credit institutions and protecting customers’ lawful interests.

Vietcombank also publishes its own licensing details in its annual report materials, including Licence of Establishment and Operation No. 138/GP-NHNN (dated 23 May 2008) issued by the SBV (and amended over time).

Vietnam’s banking rules are set out in national legislation. A key example is the Law No. 32/2024/QH15 on Credit Institutions (Government portal).

For depositors, Vietnam has a deposit insurance framework administered by Deposit Insurance of Vietnam (DIV). The deposit insurance coverage limit was increased to VND 125,000,000 per depositor per insured institution (conditions apply) under Decision No. 32/2021/QD-TTg.

Vietcombank being licensed and supervised as a bank (and deposit insurance existing for eligible deposits) does not mean the
binary options broker you choose is regulated. Broker regulation is separate from the bank/payment method you use.

Pros Of Using Vietcombank For Binary Deposits

• Highly Secure – Security is the biggest benefit binary options traders can expect from using Vietcombank transfers.
• Easy Sign-Up Process – Opening an account is easy and fairly quick, so if you decide that it is the right payment method for you and find binary options brokers that accept Vietcombank transfers, then you will be able to get going promptly.
• Customer Support – If you have problems depositing or withdrawing money from your binary options trading account, Vietcombank makes it easy to get in contact. The bank’s customer service department is available 24/7 at 1900 545413, or 1800 1565 for priority customers. There is also a comprehensive set of FAQs on the Vietcombank website that aims to answer the most common payment questions.
• Tracking Information – The mobile application allows you to see the current status of your transaction, including any deposits and withdrawals to and from binary options accounts.

Cons Of Using Vietcombank For Binary Deposits

• Slow Transaction Times – Deposits made with Vietcombank can take a couple of days due to cut-off times in working days, while most of the best binary options brokers are able to facilitate near-instant deposits via alternative methods, such as Skrill, Neteller, Visa or Mastercard.
• Transfer Limits – Transaction limits vary by account setup and authentication method. For instance, some online-opened accounts have a monthly cap until in-branch verification, while Digibank limits can be set per day or per transaction.
• Transfer Fees – How much you will be charged for using Vietcombank as a payment method depends, but may include Vietcombank fees plus any broker fees, as well as FX conversion charges. Check this before you begin trading to ensure costly fees don’t eat into any profits.
• Regional Restrictions – If you are trading binary options outside Vietnam then this payment method may not be available. It is best suited to traders in Asia that already hold an account with Vietcombank.

How To Make Vietcombank Deposits & Withdrawals To Binary Options Accounts

Keep in mind that not all binary options brokers accept Vietcombank transfers, so the first thing you should do is check for their logo on the broker’s website. Alternatively, use our list of the top Vietcombank binary options brokers in 2025.

Deposits

There will also likely be limits on the deposit size set by the binary broker. This can affect the minimum and maximum amounts you are allowed to deposit and how long it will take for the deposited funds to appear in your trading account, so check this before you sign up.

When you are ready, head to the cashier or similar portal, and select ‘deposit’. Enter the amount, along with your banking details.

Note, you may need to verify the transaction via a code sent to your phone.

Withdrawals

To request a withdrawal, return to the cashier portal and select ‘withdraw’. Then simply follow the on-screen instructions. The best Vietcombank binary brokers save payment method details to speed up transactions. The brand may also need to confirm your identity if it is your first withdrawal.

Funds can be withdrawn to Vietcombank accounts in VND, JPY, USD, and EUR, depending on your broker’s payment and currency processes. Ensure that your binary options broker is operating in the same currency as your bank account to help minimize or avoid fees.

Bottom Line

Vietcombank is a great option for binary options traders based in Vietnam due to its high security and good customer service. However, traders should be sure that this payment solution meets their binary options trading needs before selecting it, including fees and regional limitations. Traders should also note that the bank does not typically allow instant deposits and has transaction limits.

Head to our list of the best Vietcombank binary brokers to start trading.

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