Circular 01/2013/TT-NHNN of the State Bank of Vietnam on the transactions between credit institutions
The transaction payments in Vietnam dong between credit institutions that are members of the inter-bank electronic payment system may not be made through e-Payment system in the following cases:
– The transactions out of the working hours of the system
– The transactions transfer to pay principal and interest
– The transactions that do not transfer the principal of the loan
– Transfer money to purchase term bonds
Previously, all transactions between credit institutions must be conducted through inter-bank electronic payment.
Contents specified in Circular 01/2013/TT-NHNN, with effect from January 7th 2013.
Circular also provides update on the application in Circular 21/2012/TT-NHNN for the loans of financial leasing companies, consumer finance companies until June 30th 2013.
Our professional consultants and lawyers always follow the changes in regulations to update our clients in Vietnam.
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