THE STATE BANK OF VIETNAM
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THE SOCIALIST REPUBLIC OF VIETNAM
Independence - Freedom - Happiness
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No. 23/2012/TT-NHNN
Hanoi, August 09, 2012
 
CIRCULAR
ON THE CASE REGULATION AND CASH TRANSACTIONS
 
Pursuant to the Law on the State bank of Vietnam No. 46/2010/QH12 on June 16, 2010;
Pursuant to the Government's Decree No. 96/2008/ND-CP on August 26, 2008 defining the functions, tasks, powers and organizational structure of the State bank of Vietnam;
Pursuant to the Government's Decree No. 40/2012/ND-CP on May 02, 2012 on the cash issuance; the preservation and transportations of valuables and valuable papers in the system of  the State bank, branches of foreign banks and credit institutions;
At the proposal of the Director of the Issuance and Fund Department;
The State bank of Vietnam promulgates the Circular on the case regulation and cash transactions,
Chapter 1.
GENERAL PROVISIONS
Article 1. Scope of regulation
This Circular prescribes the cash regulation in the system of the State bank of Vietnam (hereinafter referred to as the State bank); the cash transactions between the State bank and branches of foreign banks, credit institutions, State Treasuries, relevant organizations and individuals.
Article 2. Subjects of application
1. The relevant units belonging to the State bank system.
2. Branches of foreign banks, credit institutions, State Treasuries, relevant organizations and individuals (hereinafter referred to as clients) making cash transactions with the State bank.
Article 3. The cash issuance and regulation in the State bank system
The State bank shall issue money into circulation and withdraw money from circulation via cash collection, cash spending, and other professional activities of the State bank and the clients.
The State bank regulates cash in the State bank system through the activities of the Issuance reserves funds and the Issuance funds.
Article 4. The cash issuance and regulation in the State bank system
1. The State bank establishes the Issuance reserves funds and the Issuance funds to manage the issuance reserves money and issue money for the purpose of satisfying the cash demand of the economy, the issuance reserves demand, the demand for replacing money ineligible for circulation and money suspended from circulation.
2. The Issuance reserves fund includes:
- Money newly printed or minted from money printing and minting facilities;
- Money imported from the Issuance fund including money withdrawn from circulation, including money ineligible for circulation and money suspended from circulation.
The Issuance reserves fund is managed at the Central money vault and the money vaults of branches of the State bank of central-affiliated cities and provinces  (hereinafter referred to as branches of the State bank)
3. The Issuance fund includes:
- Money imported from the Issuance reserves fund;
- Money withdrawn from circulation, including money ineligible for circulation and money suspended from circulation.
- The Issuance funds are managed at the money vaults of branches and transaction centers of the State bank .