| THE STATE BANK OF VIETNAM ------- No. 35/2012/TT-NHNN | SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom – Happiness --------- Hanoi, December 28, 2012 |
CIRCULAR
STIPULATING ON CHARGES OF THE INLAND DEBIT CARD SERVICE
Pursuant to the Law on the State bank of Vietnam No. 46/2010/QH12, of June 16, 2010;
Pursuant to the Law on credit institutions No. 47/2010/QH12, of June 16, 2010;
Pursuant to the Civil Code No. 33/2005/QH11, of June 14, 2005;
Pursuant to the Ordinance of charges and fees No. 38/2001/PL-UBTVQH10, of August 28, 2001;
Pursuant to the Government’s Decree No. 96/2008/ND-CP, of August 26, 2008, stipulating functions, tasks, powers and original structure of the State bank of Vietnam;
At the proposal of Director of the Payment Department;
The Governor of the State bank of Vietnam stipulates Circular stipulating on charges of the inland debit card service,
Article 1. Scope of regulation
This Circular stipulates on charges of the inland debit card service applied to card holders.
Article 2. Subjects of application
Subjects of application include: Organizations of card issuance, organizations of card payment, organizations of card commutation, units of card acceptance, card holders and organizations, individuals relating to supply and use of the inland debit card service in Vietnam’s territory.
Article 3. Interpretation of terms
In this Circular, the following terms are construed as follows:
1. The inland debit card means card being issued by organizations of card issuance in Vietnam in order to perform domestic card transactions, that permits a card holder to perform card transaction within amount on his/her account of payment deposit opened at an organization of card (hereinafter referred to as card).
2. Charges of card service mean amounts that a card holder must pay upon being supplied the card services.
3. Card transactions mean use of card for remittance, withdrawal in cash, transfer, payment for goods, services, request for account or use of other services which are supplied by organizations of provision of card services.
4. ATM transactions mean card transactions conducted at automatic transaction machines.
5. Internal-network ATM transactions mean card transactions performed at ATM of organizations issued cards for card holders.
6. External-network ATM transactions mean card transactions performed at ATM of organizations that not being organizations issued cards for card holders.
7. POS transaction means card transaction performed through equipment reading card at a unit of card acceptance (abbreviated as POS – Point of Sale) in order to pay for goods, services, request for balance of account, returning money at the request of card holders, cash withdrawal and other card transactions at POS.
