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

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

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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