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Reader H.: "I've also checked other bank websites to see if they are carrying the currency. Here's the result."

Posted By: hobie
Date: Friday, 26-Jan-2018 00:00:53
www.rumormillnews.com

In Response To: Reader: "If true it means that bank is flush in dong and doesn't want to accept them until their stockpile goes down." (hobie)

(Thanks, H. :)

Reader H. responds:

***************************************************************************

Re: Reader: 'If true it means that bank is flu....

I can assure you it's true. I've also checked other bank websites to see if they are carrying the currency. Here's the result.

Australian Banks

Vietnamese Dong
Beyond Bank (formerly a CPS Building Society) https://www.beyondbank.com.au/personal-banking/accounts/foreign-exchange/foreign-cash.html
No longer listed

Vietnamese Dong


Bankwest (parent Bank of Scotland) https://www.bankwest.com.au/personal/international/foreign-exchange/foreign-exchange-rates
No longer listed

Vietnamese Dong
Travelex/National Australia Bank https://www.partners.travelex.com.au/nab/Basket
No longer listed

Vietnamese Dong
ANZ
https://www.anz.com.au/personal/travel-international/foreign-exchange-rates/
No longer listed

Vietnamese Dong Westpac/ St George https://www.stgeorge.com.au/help/foreign-exchange-rates
No longer listed

I can assure you that it blew my socks off. It's public holiday Australia Day here in Oz and a Friday so I can't do much more checking until Monday, but I'll be right on it then.

I've emailed my own bank (not CBA) to ask whether they still exchange VND and I'm waiting for a response. I'll publish it when it comes in.

I, and quite a few of my friends hold millions, perhaps a billion dong collectively so there'd be quite a loss going forward.

It may be that the foreign currency desks at the major bank head offices will still deal in dong. I'll find that out from CBA on Monday as well, but, based on the advice of the CBA and checking the forex bank websites above, the currency has been removed.

I agree that it is bizarre information and that the ramification are mind blowing - lets hope that the bank is simply holding too much paper as suggested. Thanks for the response.

***************************************************************************





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