Updated October 16, 2026 · VaultCue Editorial Team
Cathay United digital accounts vs MoMo
Cathay United digital accounts
MoMo
Higher score in this comparison
Where Cathay United digital accounts and MoMo differ
| Compare | Cathay United digital accountsReviewSee alternativesSee alternatives | MoMoReviewSee alternativesSee alternatives |
|---|---|---|
| Transfer fee | Interbank transfer/remittance NTD 30 per item up to NTD 2,000,000, plus NTD 10 per each additional NTD 1,000,000; interbank card transfer NTD 0 for the first NTD 500 item per account per day, then NTD 10 (NTD 501-1,000), NTD 15 (above NTD 1,001) | Bank cash-out free up to 30,000,000 VND per month, then 0.5% of transaction value; 1% of transaction value once the monthly total exceeds 100,000,000 VND |
| Monthly fee | Not confirmed | ₫0 |
| Currency conversion fee | Not confirmed | 2% |
| Currencies | Not confirmed | 1 |
| Free ATM withdrawals | Not confirmed | ₫30,000,000 |
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Key differences
- Founded is lower at Cathay United digital accounts: 1975 vs 2007.
- Support channels: only MoMo offers Help centre.
- Audience: only Cathay United digital accounts offers Expats.
- Audience: only MoMo offers Teen, Student, Business.
Our verdict on each
Cathay United digital accounts
The FAQ defines the digital deposit account as a Taiwan-dollar or foreign-currency demand savings account opened through an automated channel.
MoMo
MoMo is a digital wallet for people living in Vietnam who want everyday payments handled from a phone rather than a branch. It charges a monthly fee of VND 0 and holds a State Bank of Vietnam licence, and it covers 1 currency, which points to a local account.
Score breakdown
| Area | Cathay United digital accounts | MoMo |
|---|---|---|
| Cost | Not confirmed | 8.6The monthly fee is VND 0 and the transfer fee is VND 0, but conversion at 2% sits above the site median of 0.5%. |
| Offer | 9.2Higher | 9.0 |
| Trust | 9.5Higher | 8.8 |
How they place
| Ranking | Cathay United digital accounts | MoMo |
|---|---|---|
| Money transfer services | 831 of 1564 | 352 of 1564 |
Every fact side by side
| Fact | Cathay United digital accounts | MoMo |
|---|---|---|
| Audience | Expats | Teen, Student, Business |
| Pricing model | Not confirmed | No monthly fee |
| Features | Not confirmed | Digital only |
| Legal entity | Cathay United Bank Co., Ltd. | Mobile Services Joint Stock Company (M_Service JSC) |
| Headquarters | Taiwan | Vietnam |
| Founded | 1975Lower | 2007 |
| Support channels | Email, Chat, Phone | Phone, Email, Help centre, ChatCovers more |
Money transfer
| Fact | Cathay United digital accounts | MoMo |
|---|---|---|
| Delivery time | Not confirmed | Instant |
| Payout methods | Bank | Bank, Cash pickup, WalletCovers more |
| Fee to send 1,000 | NT$300 | ₫0 |
Where each stands against the rest
| Fact | Cathay United digital accounts | MoMo | Median |
|---|---|---|---|
| Monthly fee | Not confirmed | ₫0at the median | ₫0 |
| Currency conversion fee | Not confirmed | 2%above the median | 0.5% |
| Currencies | Not confirmed | 1lowest quarter | 5 |
Median across 536 listed accounts.
Pros and cons
Cathay United digital accounts
Pros
- The FAQ defines the digital deposit account as a Taiwan-dollar or foreign-currency demand savings account opened through an automated channel.
- Applicants receive the review result by email and text message after submitting details.
MoMo
Pros
- No monthly charge, listed at VND 0 for the everyday account
- Transfers land Instant, so payments and payouts clear quickly
- Cash-out reaches banks, pick-up points and wallets through bank, cash pickup and wallet
Cons
- Currency conversion costs 2%, above the site median of 0.5%
- Only 1 currency is covered, against a site median of 5
- The account is digital only, so there is no branch to visit
Who each suits
Cathay United digital accounts
Who it suits
- Taiwan applicants checking Cathay United digital deposit accounts
MoMo
Who it suits
- Teenagers and students who pay and receive money by phone
- Small businesses in Vietnam taking daily payments from customers
- Anyone who wants money to move instantly inside the country
Who should look elsewhere
- Skrill or Plazo ES, euro wallets at a €0 monthly fee for another market
- PayPal Colombia, whose cross-border reach suits international payments more than local ones
- Anyone who wants a branch to visit, since the account is digital only
Current offers
MoMo
Current offer
Country by country
| Country | Cathay United digital accounts | MoMo |
|---|---|---|
| Taiwan | Yes | No |
| Vietnam | No | Yes |
Questions about each
MoMo
Does MoMo charge a monthly fee?+
No. The monthly fee is VND 0, and the service runs on a no-monthly-fee model. The transfer fee is also listed at VND 0, with charges applying only once cash-out allowances are passed. The free tier is what most everyday users rely on.
What does it cost to change currency?+
Currency conversion costs 2%. That is above the 0.5% median across the brands on the site, and MoMo sits at 214 of 312 on this measure, so conversion is the weak point of an otherwise free service.
How many currencies can I hold?+
MoMo covers 1 currency. The median across the site is 5 and the widest accounts reach 350, so this sits at the bottom of the range for anyone holding or sending foreign money.
Is the money safe and who regulates MoMo?+
MoMo runs under Mobile Services Joint Stock Company (M_Service JSC) and holds a State Bank of Vietnam licence, listed as 16/GP-NHNN. The account is digital only and support runs on phone, email and help centre, so help is reachable from the app.
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Cathay United digital accounts
MoMo