THE STATE BANK OF VIETNAM
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SOCIALIST REPUBLIC OF VIETNAM
Independence Freedom Happiness
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No. 38/2007/QD-NHNN
Hanoi, October 30, 2007
 
DECISION
ON THE ISSUANCE OF REGULATION ON THE GRANT, USE AND MANAGEMENT OF BANK CARD ISSUERS CODE
THE GOVERNOR OF THE STATE BANK OF VIETNAM
- Pursuant to the Law on the State Bank of Vietnam in 1997 and the Law on the amendment, supplement of several articles of the Law on the State Bank of Vietnam in 2003;
- Pursuant to the Law on Credit Institutions in 2007 and the Law on the amendment, supplement of several articles of the Law on Credit Institutions in 2004;
- Pursuant to the Decree No. 64/2001/ND-CP dated September 20th, 2001 of the Government on payment activity through payment service suppliers;
- Pursuant to the Decree No. 52/2003/ND-CP dated May 19th, 2003 of the Government providing for the function, assignment, authority and organizational structure of the State Bank of Vietnam;
Upon the proposal of Chief of Payment Board,
DECIDES:
Article 1. To issue in conjunction with this Decision Regulation on the grant, use and management of bank card issuers code.

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Article 2. This Decision shall be effective after 15 days since its publication on Official Gazette.
Article 3. The Director of the Administrative Department, Chief of Payment Board, Head of units of the State Bank, General Manager of the State Bank branch in provinces, cities under the Central Governments management; Chairperson of the Board of Directors, General Director (Director) of card issuers shall be responsible for the implementation of this Decision./.
 
FOR THE GOVERNOR OF THE STATE BANK OF VIETNAM
DEPUTY GOVERNOR




Phung Khac Ke
 
REGULATION
ON THE GRANT, USE AND MANAGEMENT OF BANK CARD ISSUERS CODE
Issued in conjunction with the Decision No. 38/2007/QD-NHNN dated October 30th, 2007 of the Governor of the State bank of Vietnam.
Chapter I
GENERAL PROVISIONS
Article 1. Governing scope
1. This regulation shall adjust activities of grant, use and management of bank card issuers code (hereinafter referred to as PIN code) of card issuers in Vietnam.
2. The grant, use and management of PIN code of international card issuers for Vietnamese card issuers entitled to issue cards with international card issuers trademark are out of governing scope of this Regulation.

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Article 2. Subjects of application
This Regulation shall be applied to organizations, individuals relating to the grant, use and management of PIN code.
Article 3. Use of PIN code.
The State Bank of Vietnam shall manage the grant of PIN code in respect of following types of card in accordance with this Regulation:
1. Cards issued by Vietnamese card issuers for the transaction within the territory of the Socialist Republic of Vietnam.
2. Cards issued by Vietnamese card issuers (except for cards with international card issuers trademark) for the transaction inside and outside of the Socialist Republic of Vietnam.
Chapter II
SPECIFIC PROVISIONS
Article 4. Subjects entitled to be granted PIN code
Subjects entitled to be granted PIN code are banks, non-banking credit institutions, cooperative credit institutions and other organizations that are not credit institutions permitted to issue bank cards (hereinafter referred to as card issuers) in accordance with provisions at Article 9 of the Regulation On the issuance of the Regulation on the issuance, payment, use and supply of supporting service to bank card activity issued in conjunction with the Decision No. 20/2007/QD-NHNN dated May 15th, 2007 of the Governor of the State bank of Vietnam.

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