Money exchange in Phu Quoc: 6 best places

Trying to find the best places for money exchange in Phu Quoc? Here is the list of the most recommended places where you can get best rates, easy to access or good service in the most visited island of Vietnam.
Money exchange in Phu Quoc - 6 best places
Table of Contents

Best places for money exchange in Phu Quoc

TPBank Phu Quoc

TPBank, or Tien Phong Commercial Joint Stock Bank, is a commercial bank in Vietnam that offers a wide range of banking and financial services to individual and corporate customers. Established in 2008, TPBank has quickly grown to become one of the leading banks in Vietnam, known for its innovative approach to banking and finance. If you are looking for a trustworthy place for money exchange in Phu Quoc with a good rate, this is the one to go to.

TPBank Phu Quoc - best places for money exchange in Phu Quoc
TPBank Phu Quoc - best places for money exchange in Phu Quoc

Sacombank Phu Quoc

Sacombank is a prominent Vietnamese commercial bank offering a wide range of financial services, including currency exchange. It’s a reliable option for money exchange in Phu Quoc due to its competitive rates and extensive network.

Sacombank Phu Quoc - best places for money exchange in Phu Quoc
Sacombank Phu Quoc - best places for money exchange in Phu Quoc

Dong A Bank Phu Quoc

Dong A Bank is a significant Vietnamese bank, recognized for its comprehensive banking services catering to both individual and corporate clients. It operates a broad network across Vietnam, facilitating services like deposits, loans, and currency exchange. Known for its customer-focused approach, Dong A Bank is a solid choice for money exchange in Phu Quoc, including transactions in tourist areas.

Dong A Bank Phu Quoc - best places for money exchange in Phu Quoc
Dong A Bank Phu Quoc - best places for money exchange in Phu Quoc

ACB Phu Quoc

ACB (Asia Commercial Bank) in Phu Quoc is part of a well-established Vietnamese banking institution, offering a suite of financial services tailored to both individuals and businesses. With a focus on customer service and technological integration, ACB provides reliable service for money exchange in Phu Quoc.

ACB Phu Quoc - best places for money exchange in Phu Quoc
ACB Phu Quoc - best places for money exchange in Phu Quoc

Ngoc Trai Thanh Nhan Phu Quoc

Ngoc Trai Thanh Nhan is a jewelry shop, that sells pearls, gems, and other souvenirs in Phu Quoc. However, they are also well-known for currency exchange services. Besides the banks above, this place is the most recommended individual shop for money exchange in Phu Quoc.

  • Address: 108 Bach Dang, Khu Pho 2, Phu Quoc Island
  • Opening time: 9:00 to 23:30 (Monday to Sunday)
  • Currency accepted: Accept the common currencies (VND, USD, AUD, INR, JPY, GBP, CAD, SGD,…)
  • Phone: 0986594313
Ngoc Trai Thanh Nhan - front side
Ngoc Trai Thanh Nhan - front side

Good & Good

Located in the center of Phu Quoc Island, Good & Good is a tourist center that also offers great money exchange services.

Good & Good front side
Good & Good front side

Some currency exchange tips

Here are some tips for your smooth money exchange in Phu Quoc:

  1. Airport Currency Exchange: Upon arrival, you may find currency exchange counters at Phu Quoc International Airport. While convenient, these counters often offer less favorable rates. That is why we don’t put it in the list of best places to exchange money above. It’s advisable to exchange a small amount here if necessary, then look for better rates elsewhere on the island.

  2. Bank Branches Over Independent Exchangers: Phu Quoc has several bank branches, including those of major Vietnamese banks. Banks usually provide more reliable and competitive exchange rates compared to independent exchange services found in tourist areas. Given the island’s developing infrastructure, relying on established banks is a safer bet.

  3. ATM Withdrawals: For many travelers, withdrawing VND (Vietnamese Dong) directly from ATMs can be practical. The island is equipped with a network of ATMs. However, be mindful of withdrawal fees and daily limits, which may vary significantly between banks.

  4. Carry Some Cash: While digital payments are gaining traction, cash transactions remain prevalent, especially in remote areas of the island or for small purchases. Having VND on hand is essential for seamless transactions across Phu Quoc.

  5. Exchange Rates and Fees: Be aware of current exchange rates and potential service fees. Check this article, which will help you assess whether you’re getting a fair exchange rate.

  6. Beware of Counterfeit Bills: While not a common issue, it’s wise to exchange money at reputable locations to avoid the risk of receiving counterfeit currency. You can also read our guide to spot fake Vietnam Dong for more information.

  7. Negotiate for Better Rates: In some places, especially if exchanging a significant amount of money, you may have room to negotiate for better rates.

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