Circular 13/2021/TT-NHNN amending the State Bank’s Payment Services Fee Schedule

  • Summary
  • Content
  • Status
  • Vietnamese
  • Download
Save

Please log in to use this function

Send link to email

Please log in to use this function

Error message
Font size:

ATTRIBUTE

Circular No. 13/2021/TT-NHNN dated August 23, 2021 of the State Bank of Vietnam on amending and supplementing a number of articles of the Circular No. 26/2013/TT-NHNN dated December 05, 2013 of the State Bank of Vietnam on promulgating the State Bank of Vietnam’s Payment Services Fee Schedule
Issuing body: State Bank of VietnamEffective date:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Official number:13/2021/TT-NHNNSigner:Nguyen Kim Anh
Type:CircularExpiry date:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Issuing date:23/08/2021Effect status:
Known

Please log in to a subscriber account to use this function.

Don’t have an account? Register here

Fields:Finance - Banking , Tax - Fee - Charge

SUMMARY

To reduce 50% of interbank payment fees until the end of June 30, 2022

On August 23, 2021, the State Bank of Vietnam issues the Circular No. 13/2021/TT-NHNN on amending and supplementing a number of articles of the Circular No. 26/2013/TT-NHNN dated December 05, 2013 of the State Bank of Vietnam on promulgating the State Bank of Vietnam’s Payment Services Fee Schedule.

Accordingly, the State Bank of Vietnam shall reduce 50% of the payment fees for 2 services of the State Bank of Vietnam’s Payment Services Fee Schedule, including “Transaction fees via the Interbank Electronic Payment System” and “Domestic payment service fees” from September 01, 2021 to the end of June 30, 2022. To be specific:

Transaction fees for the IBPS’s high value payment sub-system for payment orders received before 15:30 of the working day shall be reduced from 0.01% of the transaction value to 0.005% of the transaction value; transaction fees for the IBPS’s high value payment sub-system for payment orders received during the period from 15:30 to the time when the system stops receiving payment orders of the working day shall be 0.01%.

Transaction fees for the IBPS’s low value payment sub-system shall be reduced from VND 2,000 per transaction to VND 1,000 per transaction.

This Circular takes effect on September 01, 2021.

For more details, click here.
Download files here.
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency
Effect status: Known

THE STATE BANK OF VIETNAM

__________

No. 13/2021/TT-NHNN

THE SOCIALIST REPUBLIC OF VIETNAM

Independence - Freedom - Happiness

________________________

Hanoi, August 23, 2021

 

 

 

CIRCULAR

On amending and supplementing a number of articles of the Circular No. 26/2013/TT-NHNN dated December 05, 2013 of the State Bank of Vietnam on promulgating the State Bank of Vietnam’s Payment Services Fee Schedule

_______________

 

Pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to the Law on Credit Institutions dated June 16, 2010; the Law on Amending and Supplementing a number of Articles of the Law on Credit Institutions dated November 20, 2017;

Pursuant to the Government's Decree No. 101/2012/ND-CP dated November 22, 2012, on non-cash payment; the Government's Decree No. 80/2016/ND-CP dated July 01, 2016, on amending and supplementing a number of articles of the Government's Decree No. 101/2012/ND-CP dated November 22, 2012, on non-cash payment;

Pursuant to the Government's Decree No. 16/2017/ND-CP dated February 17, 2017, defining the functions, tasks, powers and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Payment Department;

The Governor of the State Bank of Vietnam hereby promulgates the Circular on amending and supplementing a number of articles of the Circular No. 26/2013/TT-NHNN dated December 05, 2013, of the State Bank of Vietnam on promulgating the State Bank of Vietnam’s Payment Services Fee Schedule (hereinafter referred to as the Circular No. 26/2013/TT-NHNN).

 

Article 1. To amend and supplement a number of articles of the Circular No. 26/2013/TT-NHNN

To add Article 1a as follows:

Article 1a: To reduce 50% of the payment fees at Points 1.1 and 1.2, Section 1 “Transaction fees via the Interbank Electronic Payment System” in Part III “Domestic payment service fees” of the State Bank of Vietnam’s Payment Services Fee Schedule attached to this Circular for the period of from September 01, 2021, to the end of June 30, 2022.".

Article 2. Responsibility of implementation

The Chief of Office, Director of the Payment Department, Director General of the Information Technology Department, Heads of Divisions/Departments of the State Bank; foreign banks, foreign bank branches, State Treasury and other organizations using the State Bank of Vietnam's payment services shall be responsible for the implementation of this Circular.

Article 3. Implementation provisions

1. This Circular takes effect on September 01, 2021.

2. This Circular annuls the Circular No. 19/2020/TT-NHNN dated December 30, 2020, of the State Bank of Vietnam on amending and supplementing a number of articles of the Circular No. 26/2013/TT-NHNN dated December 05, 2013 of the State Bank of Vietnam on promulgating the State Bank of Vietnam’s Payment Services Fee Schedule./.

 

For the Governor

The Deputy Governor

Nguyen Kim Anh

Please log in to a subscriber account to see the full text. Don’t have an account? Register here
Please log in to a subscriber account to see the full text. Don’t have an account? Register here
Processing, please wait...
LuatVietnam.vn is the SOLE distributor of English translations of Official Gazette published by the Vietnam News Agency

ENGLISH DOCUMENTS

LuatVietnam's translation
Circular 13/2021/TT-NHNN DOC (Word)

This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here

Circular 13/2021/TT-NHNN PDF

This utility is available to subscribers only. Please log in to a subscriber account to download. Don’t have an account? Register here

* Note: To view documents downloaded from LuatVietnam.vn, please install DOC, DOCX and PDF file readers
For further support, please call 19006192

SAME CATEGORY

loading