Decision No. 309/2002/QD-NHNN dated April 09th, 2002 of the State Bank of Vietnam on the issuance of the regulation on inter-bank electronic payment
STATE BANK OF VIETNAM
SOCIALIST REPUBLIC OF VIET NAM
Independence - Freedom – Happiness
Hanoi, April 09th, 2002
ON THE ISSUANCE OF THE REGULATION ON INTER-BANK ELECTRONIC PAYMENT
THE GOVERNOR OF THE STATE BANK
Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH10 and the Law on Credit Institutions No.02/1997/QH10 dated 12 December, 1997;
Pursuant to the Decree No. 15/CP dated 2 March, 1993 of the Government providing for the assignment, authority and responsibility for the State management of the Ministries and ministerial-level agencies;
Pursuant to the Decree No. 64/2001/ND-CP dated 20 September, 2001 of the Government on the payment activities through payment service suppliers;
Pursuant to the Decision No. 44/2002/QD-TTg dated 21 March, 2002 of the Prime Minister on the use of electronic vouchers as accounting vouchers for the accounting and payment of funds by payment service suppliers;
Upon proposals of the Director of the Banking Information Technology Department,
Article 1. To issue in conjunction with this Decision "the Regulation on inter-bank electronic payment".
Article 2. This Decision shall be effective after 15 days from the date of signing.
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Article 3. The Head of the Administration Department, Heads of units of the State Bank, General Manager of the State Bank branches in provinces and cities under the central Government's management, General Director (Directors) of payment service suppliers shall be responsible for the implementation of this Decision.
ON INTER-BANK ELECTRONIC PAYMENT
(issued in conjunction with the Decision No. 309/2002/QD-NHNN dated 9 April, 2002 of the Governor of the State Bank)
Article 1. Subject and scope of application
The Regulation on inter-bank electronic payment shall provide for issues relating to the management, operation and use of the inter-bank electronic payment system to carry out the payment and settlement between units participating in this payment system.
Article 2. Interpretation
In this Regulation, following terms shall be construed as follows:
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1. Inter-bank electronic payment (abbreviated as IBP) shall be the process of treatment of inter-bank payment operations from the initiation of the payment order until the completion of payment to the payee, which is performed through the computer network.
FOR THE GOVERNOR OF THE STATE BANK
Nguyen Van Giau
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