THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
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No. 02/2006/QD-NHNN
Hanoi, January 18, 2006
 
DECISION
ON THE ISSUANCE OF THE REGULATION ON THE SYSTEM OF BANKING CODES USED IN THE PAYMENT TRANSACTIONS THROUGH THE STATE BANK
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the State Bank of Vietnam issued in 1997 and the Law on the amendment, supplement of several articles of the Law on the State Bank of Vietnam issued in 2003;
- Pursuant to the Law on Credit Institutions issued in 1997 and the Law on the amendment, supplement of several articles of the Law on Credit Institutions issued in 2004;
- Pursuant to the Decree No.52/2003/ND-CP dated 19/5/2003 of the Government providing for the function, assignment, authority and organizational structure of the State Bank of Vietnam;
Upon the proposal of the Head of the Payment Board,
 
DECIDES:
Article 1. To issue in conjunction with this Decision the “Regulation on the system of banking codes used in payment transactions through the State Bank”.
Article 2. This Decision shall be effective after 15 days since its publication in the Official Gazette and replace the Decision No.1247/2003/QD-NHNN dated 20/10/2003 of the Governor of the State Bank on the issuance of the Regulation on the system of banking codes used in payment transaction through the State Bank, the Decision No.1677/2003/QD-NHNN dated 31/12/2003 on the amendment of the Article 2 of the Decision No.1247/2003/QD-NHNN dated 20/10/2003 of the Governor of the State Bank.
Decisions on the amendment, supplement, cancel of the banking codes issued in conjunction with the Decision 1247/2003/QD-NHNN dated 20/10/2003 providing for the banking codes used in payment transactions through the State Bank shall cease their effectiveness.
Article 3. The Director of the Administrative Department, the Head of the Payment Board, Director of the Banking Informatics Technology Department, Heads of units of the State Bank, Director of the Banking Operation Department, General Manager of the State Bank branches in provinces, cities under the Central Government’s management; Chairperson of the Board of Directors and General Director (Director) of payment services suppliers shall be responsible for the implementation of this Decision.
 
 
FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM
DEPUTY GOVERNOR



Nguyen Dong Tien
 
REGULATION
ON THE SYSTEM OF BANKING CODES USED IN PAYMENT TRANSACTIONS THROUGH THE STATE BANK
(Issued in conjunction with the Decision No.02/2006/QD-NHNN dated 18/01/2006 of the Governor of the State Bank)
Chapter I
GENERAL PROVISIONS
Article 1. Scope of application
1. Banking code is a symbol of series of digits, which is stipulated under a unified principle and determined to be unique for each payment services supplier, which is a subject to be granted a banking code in accordance with the provisions in Article 2 of this Decision.
2. Banking code is used to identify payment services suppliers (hereinafter referred to as banks), used for the application of information technology to electronic money transfer (EMT) of the State Bank and inter - bank electronic payment (IBEP) organized by the State Bank.
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