How to Exchange Money on Phu Quoc Island: A Complete Guide for Tourists, Expats, and Digital Nomads (2025)
Phu Quoc is a tropical island off the coast of Vietnam with a well-developed financial infrastructure for tourists and expats. It's easy to exchange currency at banks and jewelry stores, use ATMs, and even find cryptocurrency exchanges. In 2025, the island offers a variety of convenient options for obtaining Vietnamese dong.
🏦 1. Official exchange offices and banks
Bank branches in Fukuoka
Major Vietnamese banks have branches in the center of Duong Dong:
Vietcombank Phu Quoc is the island's main bank.
Address: 1A Hung Vuong Street, Quarter 1, Duong Dong
Phone: +84 297 398 1037
Opening hours: Mon-Fri 8:00-16:30, Sat until 11:30
Currencies: USD, EUR, JPY, CNY, sometimes RUB
Features: requires a passport, official exchange rate, limit up to $2000 per transaction
TPBank Phu Quoc is a reliable option with good rates.
Address: 87 Nguyen Trung Truc, Duong Dong
Phone: +84 1900 585 885
Opening hours: Mon-Fri 8:00-17:00, Sat 8:00-11:30
Currencies: Almost all major currencies
Sacombank Phu Quoc - a wide network of branches
Address: 52 30 Thang 4 Street, Duong Dong
Phone: +84 297 399 5112
Branches: Duong Dong and An Thoi
DongA Bank Phu Quoc
Address: 125 Nguyen Trung Truc Street, Duong Dong
Currencies: All major currencies
ACB Bank Phu Quoc
Address: 118 Nguyen Trung Truc Street, Khu Pho 8
Opening hours: Mon-Fri 7:30-16:30, Sat 7:30-11:30
Bank exchange terms
Rate: official, but not the best
Documents: Passport required for amounts over $500
Commission: 0-1% of the amount
Limits: Up to $2000 per transaction at most banks
💰 2. Jewelry stores (Gold Shops)
The traditional Vietnamese way of exchanging currency is through jewelry shops, which the locals call "Gold shop" (Gold Shop). This is because Vietnam has a state monopoly on gold, and jewelers need foreign currency for purchases.
Popular jewelry exchangers:
Ngoc Trai Thanh Nhan Phu Quoc
Address: 108 Bach Dang Street, Khu Pho 2
Phone: +84 986 594 313
Currencies: USD, AUD, EUR, JPY, GBP, CAD, SGD
Tiem Vang Nguyen Hang
Address: 37 Nguyen Trai Street, Duong Dong
Advantages of jewelry stores:
The best rate on the island, often higher than the bank rate.
They work until the evening and on weekends.
Fast service without bureaucracy
A passport is not always required for small amounts.
⚠️ Important: Since 2024, controls over unlicensed exchangers have been tightened, so choose reputable establishments.
🏧 3. ATMs
Phu Quoc has an extensive network of ATMs, especially in tourist areas:
Main ATM locations:
Duong Dong City Center:
Vietcombank ATM: Hung Vuong Street (opposite Dien May Xanh)
Sacombank ATM: Near the night market on 30 Thang 4
TPBank ATM: Nguyen Trung Truc Street
Tourist areas:
Vietcombank ATM: Vinpearl Phu Quoc (main entrance)
Sacombank ATM: Tran Hung Dao (Eden, Salinda hotels)
Multiple ATMs: Near the roundabout before the night market
Withdrawal conditions:
Limit: 2-5 million VND per transaction
Commission: 2-3% + issuing bank commission
Cards: Visa and MasterCard accepted everywhere
MIR: Limited availability at Vietcombank ATMs
PIN: May require 6 digits (add 00 at the beginning)
💱 4. Private exchangers
Tourist centers:
Good & Good Money Exchange
Address: 141 Tran Hung Dao Street, Duong To
Phone: +84 336 793 657
An Thoi Branch: Grand City New, Khu Pho 6
Money Exchange — Thanh Bach
Address: 108 Tran Hung Dao Street, Duong Dong
Phone: +84 918 733 535
Money Box (Korean currency exchange)
Address: 114 Tran Hung Dao Street, KP7
Phone: +84 332 554 356
Hotels with exchange:
Premier Residences Phu Quoc Emerald Bay
JW Marriott Emerald Bay Resort & Spa
New World Phu Quoc Resort
Premier Village Phu Quoc Resort
🔐 5. Cryptocurrency exchanges
In Fukuoka, you can exchange cryptocurrency for cash dong through specialized services:
P2P platforms:
Binance P2P: exchange USDT, BTC to VND
Local exchangers: operate with reserves of up to VND 52 billion
Telegram groups: Russian-language channels for crypto exchange
Features of crypto exchange:
Rate: often better than bank rates
Anonymity: no documents required
Limitations: It is better to split large amounts
Locations: Meetings in safe places (cafes, hotels)
📍 6. Local advice for Russian speakers
Exchange with delivery
Fukuoka offers a ruble-to-dong exchange service with direct hotel delivery:
Methods: ATM via QR code, courier with cash
Delivery time: 30-90 minutes
Advantages: favorable exchange rates, security, Russian-language support
Minimum amount: from $10 or 1000 rubles
QR exchange via ATMs:
TPBank and MB Bank support card-less QR code withdrawals.
Process: Receive a QR code and PIN from the administrator, withdraw cash
Convenience: Open 24/7, no bank card required
💡 Practical Tips (2025)
Documents and security:
Passport: Always carry a copy; keep the original for banks.
Currency: New dollars (2013 series and later) are preferred.
Inspection of banknotes: Check for authenticity upon receipt
Selecting an exchange location:
Best Rate: Jewelry Stores
Security: Banks and Large Hotels
Convenience: ATMs for small amounts
Urgent: Hotel Currency Exchange Offices (Worst Rates)
What to avoid:
Airport: The worst rate on the island
Street Money Changers: Risk of Fraud
Advertisements at piers: often a scam
📍 Local advice for Russian speakers
Exclusive - Exchange through Alexander on Phu Quoc Island
Alexander is a trusted Russian-speaking exchanger, working in the city center.
You can exchange Dollars, Euros, Rubles, Dong, and cryptocurrency (USDT, BTC) directly on the spot or via transfer.
Conditions: the rate is always binary closer to the market rate, commissions are transparent, transactions from 10 dollars (1000 rubles) and higher.
He is distinguished by his speed, individual approach, recommendations on rates, is familiar with the laws and can advise on transfers.
Contact: Telegram.
✨ Result
In 2025, all modern currency exchange methods are available on Phu Quoc Island, from traditional banks to cryptocurrency exchanges. Jewelry stores with the best rates are ideal for tourists, banks and ATMs are ideal for expats, and cryptocurrency exchanges and delivery services are ideal for digital nomads. The island offers maximum flexibility in financial transactions while maintaining basic security measures.
If you are a Russian tourist or expat, it is best to contact Alexander - he will help not only with the exchange, but also with advice on life in the city.
