Payment rail · Vietnam
Payment rail · VietnamWhat is CITAD?
CITAD is Vietnam’s interbank electronic payment rail: the State Bank of Vietnam’s online Inter-bank Electronic Payment System, whose member application and bank codes carry the CITAD name, settling dong payments between banks at the central bank. Poplin pays out to Vietnam over CITAD, settling within three business days at the latest.
Source: State Bank of Vietnam (opens in a new tab)
Updated · Reviewed by Joyce Chin, Chief Operating Officer & Compliance Officer
Which rail reaches…
Which rail reaches your recipient?
No destinations match that search.
A payout to Vietnam clears fastest over
NAPAS 247
settles in real time · 1% + $1.00 on a business account
Also reaches VND accounts over
Also reaches USD accounts over
Set from your location — change it above.The recipient’s account details decide the rail — the fee is always shown before you send.
// at a glance
What the rail sets for a payout over CITAD — and what Poplin charges to send.
Settlement
3 days
a ceiling, not the typical time
Reaches
1
country — Vietnam
Paid out in
VND
Vietnamese dong
Business fee
1%
plus a $1.00 fixed fee
Clearing
Local
domestic clearing
Days are business days — a Saturday delays a same-day or next-day payout. These are ceilings, not typical times: within the window, how fast the money lands depends on the receiving bank.
// how it moves
How CITAD payouts move.
From your US-dollar balance to an account in Vietnam — four steps.
You send from USD
Enter an amount in your Poplin US-dollar account and confirm the payout — the full fee shows before you send.
Converted at mid-market
Dollars become Vietnamese dong at the mid-market rate — no markup added.
Cleared over CITAD
Poplin clears the payout over CITAD, Vietnam’s interbank payment system.
Arrives inside the window
CITAD settles within three business days — a ceiling, not the typical time; how fast it lands depends on the receiving bank.
// coverage
Where CITAD reaches.
Sending somewhere else?
Each destination clears over its own set of rails. See the rail, speed, and fee for any destination — or the fee for every rail on one page.
CITAD — FAQ
Basics
What is CITAD?
CITAD is Vietnam’s interbank electronic payment rail: the State Bank of Vietnam’s online Inter-bank Electronic Payment System, whose member application and bank codes carry the CITAD name, settling dong payments between banks at the central bank. Poplin pays out to Vietnam over CITAD, settling within three business days at the latest.
Speed
How long do CITAD payouts take?
Over CITAD, Poplin payouts settle within three business days. Payments leave your account in seconds; CITAD then clears the payout to the recipient’s bank.
Cost
How much does it cost to send money over CITAD with Poplin?
A percentage of the amount plus a $1.00 fixed fee — 1% on a business account and 1% on a personal account, shown in full before you send. Conversion, where the payout currency isn’t US dollars, is at the mid-market rate with no markup.
Coverage
Which countries does Poplin reach over CITAD?
CITAD is how Poplin pays out to Vietnam, in VND. Poplin also reaches Vietnam over NAPAS 247 (VND) and SWIFT (USD) — which one a payout uses depends on the bank details your recipient has.
Send US dollars to Vietnam over CITAD.
Open a US-dollar account in minutes. No monthly fees.