Circular 23/2014/tt-Nhnn: Guide The Opening And Use The Payment Account In The Institutions Providing Payment Services

Original Language Title: Thông tư 23/2014/TT-NHNN: Hướng dẫn việc mở và sử dụng tài khoản thanh toán tại tổ chức cung ứng dịch vụ thanh toán

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Circular opening and use the payment account in the institutions providing payment services _ _ _ _ _ _ _ _ _ _ _ _ _ _ pursuant to the law the State Bank of Vietnam the number 46/2010/QH12 16 June 2010;
Pursuant to the law on credit institutions the number 47/2010/QH12 16 June 2010;
Bases of the Civil Code No. 33/2005/QH11 on June 14, 2005;
Pursuant to Decree No. 101/2012/ND-CP on November 22, 2012 of the Government on non-cash payments;
Pursuant to Decree No. 154/2013/ND-CP DATED 11 November 2013 of government functions, tasks, powers and structure of the State Bank of Vietnam;
At the suggestion of Director pay, the Governor of the State Bank of Vietnam issued the circular opening and use the payment account in the institutions providing payment services.
Chapter I GENERAL PROVISIONS article 1. Scope 1. This circular guide the opening and use the payment account of the Organization, individuals in the organization provides payment services.
2. The opening of the account and use of State Treasury payment made under the provisions of this circular and the direction of the State Bank of Vietnam (hereinafter the Bank).
3. The opening and use the payment account in foreign currency by residents and non-residents, Vietnam denominated accounts of non-residents and resident alien individuals is carried out according to the provisions of the law on Foreign Exchange Management and regulation in this circular.
Article 2. Application object 1. The organization provides payment services including: a) State Bank;
b) commercial banks, policy banks, cooperative bank (hereafter referred to as the Bank);
c) foreign bank branches.
2. organizations and individuals open a payment account in the institutions providing payment services (hereinafter referred to as the customer).
3. The organizations and individuals related to the opening and use the payment account in the institutions providing payment services.
Article 3. The account opening form and the payment of interest for the balance on the current account 1. Account opening forms of payment include: personal payment account, the Organization's payment account and your payment account.
2. personal payment account is the account by client is individual in the organization provides payment services.
3. the Organization's payment account is the account by client is held open in the organization provides payment services. The account holder the payment of the Organization's legal representative or authorized representative of the Organization to open the account and on behalf of organizations that perform transactions related to your payment account.
4. General payment account is the account specified in paragraph 3 article 10, Decree 101/2012/ND-CP on 22/11/2012 on-payments not cash.
5. The balance on the current account was influenced by interest rate non-term deposits interest rates. The interest rate offered by a fixed payment and services listed under the provisions of the law.
Article 4. Authorized use of accounts in payment 1. In the process of using the payment account, the account holder paid accountant or person in charge of accounting (if any) be delegated to others.
2. The authorized use of accounts in payment must be in writing and made under the provisions of the authorization legislation. The authorization of use of the Organization's payment account must be agreed in writing by the Organization to open the account.
3. Authorization To use in your payment account, the account holder must send the organization provides payment services where open text accounts with authorized signature form registration and paper copy of identity card or passport of the authorized time limit (no copy case attest the need to present a key to collate).
Article 5. The rights and obligations of payment account holders 1. Payment account holders have the following rights: a) use the money on your billing account to make the payment order legal, valid. Billing account owners held services payment (where the opening of the account) to use your payment account is convenient and safe;
b) selected using the means of payment, and payment of utility service by providing payment services provision;
c) authorize others to use your payment account as defined in article 4 of this circular;
d) requires that the organization provide payment services where open account payment orders made lawful, valid and provided information about the payment transaction, the balance on your billing account upon agreement with the organizing the provision of payment services;
DD) organization is required the provision of payment services where temporary account locking, close your payment account when necessary; sent to notify the Organization of the provision of services for payment of the resulting dispute over the General payment account between payment account holders collectively;
e) other rights prescribed by law or according to prior agreement in writing between the account holder with the organization providing the payment services are not contrary to the provisions of the current law.
2. the payment account holders have the following obligations: a) ensure there are enough funds on the account to execute the payment order was created. Case of overdraft agreement with hosted payment service provision where open accounts must then perform the relevant obligations when pay exceeds the balance available on your account;
b) observance of the rules on open and use your payment account in this circular;
c) promptly notify the organization provides payment services where to open an account when the detected errors, confusion on his account or suspect your account taken advantage of;
d) refunded or coordinated with the organization providing complete payment service to pay the sums due to errors, confusion has been credited to your payment account;
DD) provides full, clear, correct the relevant information about the open and use your payment account. Timely notice and send the documents to the organization providing the payment services where to open an account when there is a change in the information in the payment account opening records;
e) maintain a minimum balance on account of payments under the rules of the organization providing the payment services;
g) liable for the damage caused by errors or taken advantage of, phishing when using payment services through the account of his fault;
h) is not for rent, lend your payment account;
I) do not use your account to make payment for the transaction for the purpose of money laundering, terrorist financing, fraud, fraud or violations of other laws.
Article 6. Rights and obligations of the organization providing the service of payment 1. Hosted payment service provision where open accounts for payment the customer has the right to: a) the organization provides payment services are actively extracted (debited) to the payment account of the client in case of:-To collect the debts due, overdue, interest and other costs incurred in the process of managing your account and provide payment services under the agreement before in writing with the customer accordingly to the provisions of the law;
-At the request of the competent State organs in the coercive enforcement of a decision on sanctioning administrative violations, enforcement of court decisions, tax decisions or make other payment obligations in accordance with the law;
-To adjust the items being false accounting, improper accounting of the nature or content does not conform with use of payment account in accordance with the law and notify the account holder knows;
-When found to have mistakenly credited to the customer's account or at the request of order cancellation organization providing money transfer payment services by providing money transfer payment services have detected errors in comparison to remittance of payment orders;
-To pay the regular payments, as the agreement between the account holder with the organization providing payment services.
b) refused to make payment orders of account holders in the case:-the account holder does not fulfill the requirements of the procedure of payment, the payment order is not valid, do not match the registered factors in account opening records of payments or not in accordance with the agreement between the account holder with the organization providing payment services;
-Payment account does not have sufficient balance or exceeding overdraft limit to execute payments;
-When required in writing by the competent State agencies or have proof of payment transactions to money laundering, terrorist financing prescribed by the law on the prevention of money laundering;
-Payment account is temporarily locked, are being blockaded the entire or payment account is closed, your payment account is temporarily locked or partially blockade that part not suspend the blockade does not have enough balance (except overdraft) or exceeding overdraft limit to make the payment order.
c) refused the request to temporarily lock, close the payment account of the account holder or not yet blockaded the General payment account as defined in point d article 17 paragraph 1 this circular when the account holder has not completed the payment obligation under the coercive decisions of competent State agencies or have not finished paying the debt to pay for the supply of the service organization of bar Math where open account;
d) rules about minimum balance on the current account and public notices, instructions specific to customer;
DD) specified and applied measures to ensure safety, security in the process of opening and using the appropriate payment account of the provisions of the law;
e) other rights prescribed by law or according to prior agreement in writing between the account holder with the organization providing the payment services are not contrary to the provisions of the current law.
2. Organize the provision of payment services are obliged to: a) the payment order execution of the account owner after the inspection, control of legality, of the payment order;

b) sample of signature retention account holders, chief accountant or person in charge of accounting (customers are held in subjects required to layout the Chief Accountant) and who is authorized to examine, during the use your payment account;
c) credited to the payment account of the timely remittance payment orders to cash, payment on account; timely repayment of monies due to errors, confusion has been debited to the customer's payment account;
d) full, timely information about the balance and transactions incurred on account of payments under the agreement with the owner account (specified in the contract to open, use your payment account) and is responsible for the accuracy of the information provided;
DD) timely update the information when there is content change notification on file open accounts for payment of the account holder. Preserved account opening records and transaction vouchers through accounts in accordance with the provisions of the law;
e) ensure confidentiality of the information related to the payment transaction and the account on the payment account of the account holder as prescribed by law;
g) liable for the damage caused by errors or taken advantage of, fraud on the customer's payment account of their fault;
h) in compliance with legal provisions against money laundering and terrorist financing;
I) building internal processes of open, use your payment account and maintain a minimum balance on account of payment. Guide and public notice for customers to know and answer, timely processing of enquiries, complaints in the process of opening and use your payment account.
Chapter II OPEN and USE YOUR PAYMENT ACCOUNT at the STATE BANK article 7. Payment account open object 1. Transaction State Bank open account payment for the following organizations: a) credit organization (Headquarters);
b) foreign bank branches in Vietnam;
c) Central State coffers.
2. State Bank of India branch of the province, central cities (hereafter referred to as the State Bank branch in the province, City) open account payment for credit institutions, branches of foreign banks, the State Treasury on the area.
Article 8. Open account payment profile 1. Account opening records of payment at the Bank, including: a) the paper suggest open a payment account registration form, sign the form signatures (according to annex No 1 and 2 of the annex attached to this circular) by the legal representative of the organization sign the account opening , stamp;
b) The proof of payment account opening organization was established and legitimate activities, including: the Charter, the decision established, operating licence, business registration certificate or a certificate of registration or certificate of investment;
c) The proof of status as representative of the person registered as the account holder and the identity card or passport is also the term of that person;
d) text or appointed and paper identity or passport is also the term of chief accountant or person in charge of accounting, control certificate from the transaction with the State Bank.
2. The papers on file open payment account specified in point b, c, d paragraph 1 this is the original or a copy. If the papers in the payment account opening records in foreign languages must be translated into Vietnamese and are certified in accordance with the law.
Article 9. Order payment account opening procedure 1. When wishing to open an account at the State Bank, held open billing account created 01 (a) the records prescribed in article 8 of this circular sent to State Bank (transaction State Bank or State Bank branch in the province, City) where the suggested payment account.
2. When receiving payment account opening records, State Bank of India, State Bank of India branch of the province, the city must examine the papers in the file and compare with the elements have declared in the paper suggest open account payment, ensure their match exactly.
The case papers on file open account payment is a copy that is not attested copy, copy from the original book, then held open the payment account must present themselves to the collation, the collation must sign a copy and be responsible for the accuracy of the copy than the originals.
3. Within 7 working days from receipt of payment account opening records of payment account open organizations, State Bank to settle the payment account as follows: a) the case of account opening record full payment and valid, the elements declared in the paper suggest open billing account match the related papers in records, State Bank open account payment and informs the customer about number and start date of the payment account activity;
b) where the payment account opening records are incomplete, not valid or the discrepancies between the elements declared in the paper suggest a payment account with the relevant documents in the record, the State Bank notify customers know to complete profile , send the State Bank review, resolve as defined in point a of paragraph 3 of this article;
c the State Banking case) refused to open a payment account, you notice the reason for the customers to know.
Article 10. Use your payment account 1. Payment account opened at the Bank to be used for filing, cash, cheque issuing, accounting, tracking and payment orders made through the payment system by the State Bank of organization and operation, each payment through your account and the other payment services offered by the State Bank.
2. the payment account of the credit institutions, branches of foreign banks to open in the Exchange State Bank were used to perform payment transactions when taking open market operations, the buying and selling tools transfer, government bonds, Treasury bills, bills the State Bank and other operations on the currency market in accordance The State Bank.
Chapter III OPEN and USE YOUR PAYMENT ACCOUNT at the BANK and the FOREIGN BANK BRANCH article 11. Payment account open object 1. Personal payment account opened at the Bank, foreign bank branch include: a) People from 18 and older have the capacity for civil acts fully in accordance with the law of Vietnam;
b) People from enough 15 years to eighteen years are not lost or limited capacity for civil acts, has secured private property service in opening your payment account;
c) Who are not yet 15 years old, enough people from the full 15 years to under 18 years are not subject to the provisions of point b of paragraph 1 of this article, who lost the capacity for civil acts, the limited capacity for civil acts under the provisions of the law of Vietnam open account payment via a guardian or legal representative.
2. The organisation is established, legitimate activities according to the provisions of the law of Vietnam including: organizations are legal entities, private enterprises, individual business households and other organizations be open accounts at the Bank, foreign bank branch under the provisions of the law.
Article 12. Open account payment profile 1. With regard to the payment account of the individual: a) the paper suggest open billing account set up form of bank foreign bank branch where the account open and in accordance with the provisions of article 13 paragraph 1 of this circular;
b) Paper identity or passport, birth certificate (for the individual citizen is not enough Vietnam 14 years), entry visa or proof be visa-free entry (for foreign individuals) of the account holder;
c) individual cases open account payment via guardian representatives under the law then in addition to the documents referred to in points a and b of paragraph 1 of this article, payment account opening records must be added to certificates or passport deadline guardian According to the representative, the law and the evidence as that person's legal representatives for the account holder.
2. With regard to the Organization's payment account: a) the paper suggest open billing account set up form of bank foreign bank branch where the account open and in accordance with the provisions in paragraph 2 article 13 this circular;
b) The proof of the organize open billing accounts are established and the legal activity: decided to set up, license to operate the business registration certificate or other documents prescribed by law;
c) The proof of status as legal representative or authorized agent of the person registered as the account holder with paper identity card or passport is also the term of that person;
d) case held open billing account objects must have the signature of chief accountant or person in charge of accounting on accounting of transactions with the Bank in accordance with the law, then in addition to the documents referred to in points a, b and c of paragraph 2 of this article, payment account opening records must have decided to appoint the people's identification with or the Passport is also the term of Chief Accountant (or the person in charge of accounting) of the organization open account payment.
3. for the General payment account: a) the paper suggest open billing account set up form of bank foreign bank branch where the account open and in accordance with the provisions in paragraph 3 article 13 this circular;
b) papers of the payment account name correctly:-where the subject name to open the General payment account is personal, payment account opening records include documents as prescribed in paragraph 1 of this article;
-Where the subject name to open the General payment account is held, the payment account opening records include those papers as specified in paragraph 2 of this Article.
c) Agreement (or contract) management and use of shared payment accounts of the account holder.

4. The papers on file open payment account specified in point b, c paragraph 1 of this article and points b, c, d paragraph 2 this is the original or a copy. If the papers in the payment account opening records in foreign languages must be translated into Vietnamese and are certified in accordance with the law.
Article 13. The paper suggested the payment account 1. The paper suggested the opening of personal payment account must have enough the following principal contents: a) information about the account holder, including:-for individuals is the Vietnam: full name, date of birth, nationality; occupation, position; phone number; identity card number or passport number also on period level, where level; the address where the registration of permanent residence and place of stay current; subject to residents or non-residents;
-For individuals is: full name, date of birth, nationality; occupation, position; phone number; identity card number or passport number also on period level, where level entry visa; registered place of residence address abroad and registered place of residence in Vietnam; subject to resident or non-resident.
b) information about guardian or legal representative of the account holder (for individual cases opened the account through the guardian, legal representative), including:-the case of the guardian, legal representative of the account holder is the individual, the information about the guardian the legal representative, is made in accordance with art. 1 of this article;
-The case of the guardian of the account owner's organization, the information includes: full name and abbreviation; headquarters address, address, telephone number, fax number; field operations, business; the legal representative of the organization.
c) Sample signature of the account owner or guardian, legal representative of the account holder and other persons concerned (if any) on the certificate from the transaction with a Bank, foreign bank branch.
2. The paper proposed the opening of the Organization's payment account must have enough the following principal contents: a) the full name and abbreviation; headquarters address, address, telephone number, fax number; field operations, business;
b) information about the legal representative sign as the Organization's payment account as defined in point a of paragraph 1 of this article;
c) information about chief accountant or person in charge of accounting (Organization for open account subject to layout chief accountant under the provisions of the law) as defined in art. 1 of this article;
d) form signed by the account holder, the chief accountant or person in charge of accounting (Organization for open account subject to layout, chief accountant under the provisions of the law) and seal (if any) on the certificate from the transaction with a Bank, foreign bank branch;
DD) signature, name of the legal representative and stamped (if any) of the open organization accounts.
3. The paper proposed the General payment account must have enough content primarily about the subject of the payment account name in common, in particular: a) cases subject to the payment account name stand as individuals, the information prescribed in paragraph 1 of this article;
b) cases subject to the payment account name as the Organization, the information as specified in paragraph 2 of this Article.
4. In addition to the principal content specified in paragraph 1, 2, 3 this, banks, foreign bank branches are adding more content on the paper form to suggest opening your payment account in his unit to cater for requirements management and match each customer object but to notice the clear and specific instructions to the customer.
Article 14. Order payment account opening procedure 1. When wishing to open accounts for payment, the customer set 01 (a) the records prescribed in article 12 of this circular filed directly or sent by mail or electronic means to the Bank, foreign bank branch where the suggested payment account.
2. When receiving payment account opening records of customers, banks, foreign bank branch must check the documents in the record, against the elements has declared in the paper suggest open account billing and processing: a) case filed directly or sent by mail :-If the papers in the payment account opening records are incomplete, or the elements declared in the paper suggest opening an account match the papers on file open account payment, Bank, foreign bank branch to notify the customer to complete, submit again;
-If the papers in an open account payment has been full, the elements declared in the paper suggest open account totally match the paper in the billing account profile but the papers on file open account payment is a copy that is not authenticated copies , copy from the original book, the Bank, foreign bank branch to notify the customer submits certificate copies, copy from the original book or present a key to compare. For cases present a political perspective, the Bank, foreign bank branch must endorse on the copy and is responsible for the accuracy of the copy than the originals;
-If the papers in the open account payment profile has full, legally valid, as a rule, the elements declared in the paper suggest open account totally match the papers on file open account payment, banks, foreign bank branches conducting open contract , use your payment account with the customer as stipulated in paragraph 3 of this article.
b) for customers sent via electronic means:-If the papers in the payment account opening records are incomplete, or the elements declared in the paper suggest opening an account match the papers on file open account payment, Bank, foreign bank branch to notify the client to complete the profile;
-If the papers in the open account payment profile has full, the elements declared in the paper suggest open account totally match the papers on file open account payment, Bank, foreign bank branch to notify the customer submits certificate copies , copy from the original book or present a key to compare. For cases present a political perspective, the Bank, foreign bank branch must endorse on the copy and is responsible for the accuracy of the copy than the originals.
c) where a Bank, foreign bank branch refused to open a payment account, you notice the reason for the customers to know.
3. After completing the test, compare, make sure the papers on file open account payment has a full, legally valid, as a rule, banks, foreign bank branches conducting open contract, use your payment account with the client as follows: a) for the payment of personal account : Bank, foreign bank branch must meet directly the account holder (or guardian, legal representative of the account holder) when contracts open, use your payment account;
b) with respect to the payment account of the institutions: banks, foreign bank branches are not face-to-face when the account owner signed a contract to open a payment account, but be collated, ensure the correct match between the seal (if any), the account holder's signature on the contract with seal , sample signatures of the account holder on file open account payment;
c) for General billing account:-where the owner or one of the payment account name stand as individuals, the Bank, foreign bank branch must meet directly the account holder (or guardian, legal representative of the account holder) when contracts open , use your payment account;
-Where the subject name to open the General payment account is held, the Bank, foreign bank branch not face-to-face when the account owner signed a contract to open a payment account, but be collated, ensure the correct match between the seal (if any), the account holder's signature on the contract with seal , sample signatures of the account holder on file open account payment.
4. open contract, use your payment account with the client must specify the number of operation start date, your payment account and send to the client a (01).
5. The Bank, foreign bank branch customer instructions about the order and procedures of receiving, handling billing account profile and place the open contract, use the payment account match conditions and availability of the unit.
Article 15. Use your payment account 1. The account holder to the payment account used to submit, withdraw cash and require organizations providing payment services provides payment services through your account, such as: the provision of means of payment, payment service implementation checks, order, payment, collection, commissioned currency, bank cards , letters of credit, money transfers, currency households, households and services increased more in line with the provisions of the current law.
Bank, foreign bank branch guiding principles and conditions of use your payment account in the case of transactions under the traditional method or electronic transactions consistent with the provisions of the current law, ensure there is sufficient information needed to test, compare and identify the customer , during the use your payment account.
2. The use of personal payment account is not enough people 15 years, enough people from 15 years to eighteen years old with no private property, restricted or lost the capacity for civil acts must be done through a guardian or legal representative. Guardian, legal representative made the payment transaction through a payment account of the person to be guardian or whom do representatives under the provisions of the law on guardianship and representative.

3. The account holder is the individual payments from enough 15 years to eighteen years of age when using payment account must be private property to ensure the implementation of obligations under the rules of civil law.
4. The use of common payment account must be done properly according to the contents in the text of the agreement (or contract) management and use of shared payment accounts of the account holder and must adhere to the following principles: a) General payment account holders have equal rights and duties with respect to the payment account and the use of common payment account must the consent of all owners of the account. Each account owner is responsible for payment of the entire debt obligations arising from the use of common payment account;
b) notifications related to the use of common payment account shall be sent to all account holders, except between the organization providing the payment services and payment account holders collectively have other agreements;
c) Each billing account owners can authorize other persons on behalf of themselves using the common payment but must be agreed in writing by all the joint account holders remain;
d) When one of the servers can't stand the name General payment account is personal death, being declared dead, was declared missing, lost the capacity for civil acts; subject to the payment account name as the Organization was dissolved, insolvency or cessation of the activity in accordance with the law, the right to use the account and obligations arising from the use of common payment account be settled according to the provisions of the law.
Chapter IV suspend BLOCKADE and CLOSE YOUR PAYMENT ACCOUNT article 16. Suspend the account of payment 1. The organization provides payment services made to temporarily lock the customer's billing account (trading pause) a part or the full amount of the payment on the account when the text requested by the account holder (or the legal representative of the account holder) or according to prior agreement in writing between the account holder with the organization providing the payment services , except in cases specified in point c of paragraph 1 article 6 of this circular.
2. The termination payment account and suspend the processing of the payment orders to go, to suspend the time taken at the request of the holder of the payment account (or guardian, legal representative of the account holder) or according to the text of the agreement between the account holder with the organization providing payment services.
Article 17. Blockade of payment account 1. The organization provides payment services made the blockade a part or the full amount on the customer's billing account in the following cases: a) Has requested in writing by the competent authorities under the provisions of the law;
b) organization providing payment services found to have confusion, errors when credited to the customer's payment account or at the request of the Organization's refund offer money transfer payment services;
c) organization providing payment services detect signs of fraud, violation of laws relating to your payment account;
d) notice in writing of one of the account holders regarding the dispute arises about the General payment account between payment account holders collectively.
2. As soon as the payment account secure, hosted payment service provision must be notified in writing to the holder (or guardian, legal representative of the account holder) to know about the reasons for and scope of the blockade amount, payment accounts being blockaded on the payment account must be conserved and strictly controlled according to the content of the blockade. The case of the account being blockaded part part being blockaded still used normally.
3. in case of payment account blockade as defined in point b of paragraph 1 of this article, the amount of money being blockaded on account of payment cannot exceed the amount on the money order was erroneous, mistaken.
4. organizations providing payment service ended the blockade when a payment account in the following conditions: a) the end of the time limit;
b) have written requests of the competent organs of the termination payment account blockade;
c) organization providing payment service has finished processing errors, confusion about the transfer of funds;
d) after verifying your payment without fraud or violation of law;
DD) Has notified in writing of all common payment account holders regarding the dispute over payment between accounts the General payment account holders have been resolved.
Article 18. Close your payment account 1. The organization provides payment services made to close customer's payment account in the following cases: a) Has written request to close your payment account of the account holder and the account holder has implemented in full the obligations relating to the payment account. The case of the account holder who is not enough 15 years, enough people from 15 years to 18 years with no private property, the limited capacity for civil acts, who lost the capacity for civil acts, then the account is made at the request of the guardian, legal representative of the account holder;
b payment of the account holder) individuals were killed, were declared dead, missing or lost the capacity for civil acts;
c) held an active termination payments under the provisions of the law;
d) account holders breached the commitment or agreement in the contract on the open and use your payment account with the payment service provision;
DD) other circumstances as stipulated by law.
2. The time limit for the payment account by not maintaining the minimum balance and not enough incurring the transaction in a long time; the time limit for notifying the account holder before you close your payment account and the specific issues related to the payment account in this case caused by institutions providing payment services regulations and public notice for customers.
3. After you close your payment account, the organization providing payment services must inform the account owner, guardian or legal successors know in case the account holder the payment of individuals killed, were declared dead or missing.
4. The remaining balance after the close your payment account is processed as follows: a) pay at the request of the account holder, the guardian, legal representative of the account holder (case account holders who have not enough 15 years, enough people from 15 years to 18 years with no private property the capacity restrictions, civil acts, who lost the capacity for civil acts) or inherited, the representative heir in case the account holder the payment of individuals killed, were declared dead, missing;
b) pay according to the decision of the Court;
c) supply organization handling payment services under the provisions of the law with regard to the case of the legal beneficiaries the balance on the account have been informed that not to receive, or by prior agreement in writing with the account holder, in accordance with the provisions of the current law.
5. after closing the account of payment, customers want to use your payment account to make the payment account opening procedures as prescribed in this circular.
Chapter V ENFORCEMENT ORGANIZATION article 19. Effect 1. This circular effect since October 15, 2014.
2. From the date of this circular effect enforcement, decision No 1376/2002/QĐ-NHNN dated Jan. 21, 2002 of the Governor of the State Bank issued a regulation on opening and using the deposit account at the State Bank and credit institutions, and article 4 circular 23/2011/TT-NHNN dated Jan. 31/8/2011 of the Governor of the State Bank on the implementation of the simplified scheme procedures field operations administrative payment and other areas under the Government's resolution on the simplification of administrative procedures in the scope of the management functions of the State Bank of Vietnam off effect.
Article 20. Implementation 1. Inspection Agency, bank supervision is responsible for checking, inspection, monitoring the implementation of this circular and the handling of the case of violation by the authority.
2. The Heads of the units belonging to State Bank; The Director of the Exchange Bank; Director of State Bank branch in the province, central cities; Chairman of the Board, the President of the Council members, the Director-General (Executive Director) Bank, foreign bank branch is responsible for organizing the implementation of this circular.