When traveling to Phu Quoc, having cash on hand is essential. While credit cards and e-wallets are becoming more common, many small restaurants, night markets, taxis, and local tour operators still prefer cash payments. A reputable currency exchange point will give you a good rate, avoid hidden fees, and ensure safety. This guide compiles the most trusted banks, gold shops, and private exchange points in Phu Quoc, along with important tips for a worry-free trip.
Commercial banks are always the top priority when exchanging foreign currency in Phu Quoc. Transactions at banks ensure transparent rates, no hidden fees, and complete legal safety. Here are the most reputable banks on the island:
193 Nguyen Trung Truc, Ward 5 (branch)
199 Nguyen Van Cu, Ward 8, An Thoi
88 Tran Hung Dao
Most competitive rates
Professional service, accepts international cards
182 Nguyen Trung Truc, Ward 5
Major bank, reliable service
Accepts multiple currencies
Professional service, competitive rates
Lot AT102, Grand City New Urban Area, An Thoi
Pioneer in digital payments for international tourists
Besides banks, Phu Quoc has many private exchange shops highly rated by travelers for their rates and convenience. Here are some trusted addresses:
Unit AT102, Grand City New Urban Area, An Thoi
+84 336 793 657 / +84 962 271 135
Most mentioned on travel forums
+84 332 554 356
Sells SIM cards, very convenient
10 Nguyen Trai, Duong Dong (Night Market)
0964 614 838
Night market location is very convenient
+84 918 733 535
+84 986 594 313
+84 397 529 413
In Phu Quoc, gold shops often offer more competitive exchange rates than banks due to lower operating costs. However, you should prioritize gold shops with a long-standing reputation to ensure safety.
Most mentioned gold shop in Phu Quoc
Trusted address
0919 800 253
Quality and reliable
Prioritize Banks
Safest option – transparent rates, no risk of counterfeit money.
Compare Rates
Ask 2-3 places before exchanging to get the best deal.
Bring Your Passport
You may need to present it when exchanging at banks.
Reference exchange rate (July 2026): 1 USD ≈ 26,250 – 26,333 VND. Rates may vary depending on each bank or exchange point's policy.
Important notes:
- Avoid exchanging at the airport – rates are usually worse than in the city center.
- Prepare small bills – many small shops and taxis don't have change for large bills (500,000 VND or 100 USD).
- Avoid unknown exchange points – to avoid counterfeit money or scams.
- Use rate-tracking apps – like XE.com or Google to check real-time rates.
- Exchange a moderate amount – enough for the first few days; you can withdraw more from ATMs if needed.
Phu Quoc offers many trusted currency exchange options, from major banks like Vietcombank, TPBank, and Agribank to private exchange points highly rated by travelers such as Good and Good Money Exchange, EXMoney, and reputable gold shops like Phuong Duy and Kim Nga 2.
Final tips:
- Exchange enough cash for the first few days at a bank or trusted exchange point.
- You can withdraw cash from ATMs if you need more (most ATMs in Phu Quoc accept international cards).
- Always keep your transaction receipt and double-check the amount you receive.
By choosing the right place to exchange money, you'll save on costs and have a safe, memorable vacation on Phu Quoc's Pearl Island.