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RE: A little banking tip for people trying to live in Vietnam

in ASEAN HIVE COMMUNITY2 months ago

They seem to have a lot of options but if there are credit unions I am unaware of them. I feel the way that you do about big banks and the only bank I still have in the USA is a local credit union. I've always been very happy with credit unions and wish I had been more involved with them when I was still living there. I had a long stint with BOA but they are just awful and one day I rage-closed all my accounts with them.

All the banks here are crypto friendly in a way because crypto isn't so heavily monitored here as it is elsewhere. Crypto has a strange legality here in that it is legal, it just can't be accepted directly as a point of sale currency. There are a bunch of BTC and ETH ATM machines in the larger cities. I have not investigated if there are any of them here though.

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That is cool that they are at least a little more welcoming of crypto than we are here. Hopefully one day we get there. We used to do the majority of our banking through a local bank chain called Chemical Bank. They then got purchased by a chain called PNC, then shortly after that they got bought by Huntington. At that point I was like forget it and I moved all our money to the credit union. Much better loan rates and so many other benefits.