Ho Chi Minh City police have arrested two Bulgarian men suspected of using fake bank cards to withdraw money from local ATMs.

Kolin Karasimirov Kolev, 29, and Dimitar Tsankov Hristov, 25, were caught trying to withdraw money from an ATM on Do Quang Dau Street in District 1 on Sunday but their cards were rejected, police said.

At the police station, the duo admitted they used fake cards, adding they had successfully withdrawn money from other ATMs in the city three times.

Investigations are ongoing.

Earlier last month HCMC police arrested three Bulgarian men suspected of using fake ATM cards to withdraw money from local banks.

Police found 20 ATM cards in one of the men's bag, which they suspected to be fake, together with more than VND80 million (US$3,700) and some foreign money.