Circular No. 05/2025/TT-NHNN amends and supplements certain provisions of Circular No. 01/2014/TT-NHNN dated January 6, 2014, issued by the Governor of the State Bank of Vietnam on the transfer, storage, and transportation of cash, precious assets, and securities.

CIRCULAR

Amending and supplementing certain Articles of Circular No. 01/2014/TT-NHNN dated January 6, 2014, issued by the Governor of the State Bank of Vietnam on the handover, storage, and transportation of cash, precious assets, and securities

WHEREAS pursuant to the Law on the State Bank of Vietnam dated June 16, 2010;

Pursuant to the Law on Credit Institutions dated January 18, 2024;

On the basis of Decree No. 40/2012/NĐ-CP dated May 2, 2012, of the Government on currency issuance operations; storage and transportation of precious assets and securities within the State Bank of Vietnam system, credit organizations, and foreign bank branches;

Pursuant to Decree No. 26/2025/NĐ-CP dated February 24, 2025 of the Government stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Issuance and Treasury Department;

The Governor of the State Bank of Vietnam hereby issues this Circular amending and supplementing certain Articles of Circular No. 01/2014/TT-NHNN dated January 6, 2014, issued by the Governor of the State Bank of Vietnam on the handover, storage, and transportation of cash, precious assets, and securities.

Article 1. Amending and supplementing certain Articles of Circular No. 01/2014/TT-NHNN dated January 6, 2014, issued by the Governor of the State Bank of Vietnam on the handover, storage, and transportation of cash, precious assets, and securities

1. Amending and supplementing Clause 5 of Article 4 as follows:

"5. A box of metal money includes 10 (ten) bags of the same denomination.

For the Central Treasury and the Branch Treasury of the State Bank of Vietnam assigned by the Governor of the State Bank of Vietnam to organize the transportation of cash, precious assets, and securities (hereinafter referred to as the State Bank of Vietnam Branch assigned for transportation), a box of metal money includes:
a) 50 (fifty) bags of 5,000 VND denomination;
b) 75 (seventy-five) bags of 2,000 VND; 1,000 VND; 500 VND denominations;

c) 100 (one hundred) bags of 200 VND denomination."

2. Supplementing Points d, đ, e, g into Clause 2 of Article 11 as follows:

"d) Handover of cash of denominations from 20,000 VND downwards according to the transfer order between the Central Treasury and the Trading Department, State Bank of Vietnam Branches, and vice versa; between Central Treasuries; and between State Bank of Vietnam Branches assigned for transportation;
đ) Handover of 50,000 VND denomination cash according to the transfer order between Central Treasuries; and between the Central Treasury and the State Bank of Vietnam Branch assigned for transportation and vice versa;
e) Handover of cash within the Central Treasury;

g) Handover of cash within the State Bank of Vietnam Branch assigned for transportation when implementing the transfer order."

3. Amending and supplementing Clause 1 of Article 12 as follows:

"1. Counting cash handed over according to the transfer order of the State Bank of Vietnam for circulated money:
a) The Trading Department, State Bank of Vietnam Branches (except for State Bank of Vietnam Branches assigned for transportation implementing according to Point b of this Clause) shall organize counting of the received bills (pieces) of money and establish a Counting Committee according to Clause 3 of Article 62 of this Circular. The counting period is 30 working days from the date of receiving the money. The transferring unit must send a witness; if no witness is sent, the transferring unit must notify the receiving unit in writing.

The Director of the Currency Issuance and Treasury Management Department may consider and decide to extend the time for counting cash according to the transfer order in cases due to objective reasons as proposed by the Trading Department, State Bank of Vietnam Branches;
b) State Bank of Vietnam Branches assigned for transportation shall organize counting of bills (pieces) of money used for disbursing to credit organizations and foreign bank branches within their jurisdiction. The Counting Committee shall be established according to Clause 3 of Article 62 of this Circular and shall be responsible for supervising asset safety;

c) For money not organized for counting bills (pieces), the Trading Department, State Bank of Vietnam Branches may hand over sealed bags (bags) of money to credit organizations and foreign bank branches within their jurisdiction and must send a witness when the receiving unit organizes counting of bills (pieces) or arrange for another credit organization or foreign bank branch within their jurisdiction to witness the counting of money by the receiving unit, regardless of which credit organization or foreign bank branch the money belongs to."

4. Amending and supplementing Clause 2 and Clause 3 of Article 20 as follows:

"2. The Trading Department, State Bank of Vietnam Branches may allocate some collection teams and payment teams. Each collection team (or payment team) is managed by a deputy treasurer and is responsible for assets within the scope allocated.
3. The Trading Department shall allocate one deputy treasurer兼任保管业务发行基金金库的副金库主任。省级分行应安排一名专门负责保管业务发行基金的金库主任。

如果本条款规定兼任保管业务发行基金的副金库主任，则享有与金库主任相同的权益。

5. 修改第二十六条如下：

a) 补充第一款第二十六条如下：

"a1) 如果省级分行行长无法根据本款第一项的规定将权力委托给副行长，则可以书面委托部门负责人执行管理现金、贵重资产和证券以及金库的任务。"

b) 修改第三款第二十六条如下：

"3. 财务部负责人的授权规定：
a) 财务部负责人可以书面委托副部长在一定时间内代替自己管理现金、贵重资产和证券以及金库（授权书必须得到行长批准）；
b) 如果财务部负责人无法根据本款第一项的规定将权力委托给副部长，则可以委托财务部职员执行管理现金、贵重资产和证券以及金库的任务（授权书必须得到行长批准）；

c) 受托人对部长和行长负责，按照本《通知》和相关法律的规定管理现金、贵重资产和证券以及金库。"

6. 修改第二款第三十一条如下：

"2. 中央金库应将其金库门备用钥匙寄存到最近的省级分行金库。交易部和省级分行应将其备用钥匙寄存到所在地区的中央金库（如有），或者国家金库金库，或者国有商业银行金库。"

7. 修改第一款第四十八条如下：

"1. The Issuance and Treasury Department shall be responsible for organizing the transportation of cash, valuable assets, and securities from printing and minting facilities, airports, ports, railway stations to the Central Treasury; between Central Treasuries; from the Central Treasury to the Branch Transaction Office Treasuries, Regional State Bank Treasuries, and vice versa; and between Regional State Bank Treasuries."

In case of necessity, the Transaction Office and the Regional State Bank may dispatch personnel to escort and hand over cash, valuable assets, and securities at the Central Treasury or another Regional State Bank.

The Regional State Bank assigned to transport shall be responsible for organizing the transportation of cash, valuable assets, and securities between the Regional State Bank assigned to transport and the Central Treasury; and between Regional State Banks.

8. Amend and supplement Clause 1 of Article 63 as follows:

"1. The Council for the Reserve Fund Inventory, valuable assets, and securities at the Central Treasury shall be established periodically on January 1 and July 1 at 00:00 hours by the Governor of the State Bank of Vietnam, consisting of the following members:
a) Chairman of the Council: Head of the State Bank Inspectorate;

b) Members: Director of the Financial and Accounting Department, Director of the Issuance and Treasury Department."

9. Amend and supplement Article 70 as follows:

"1. The Director of the Issuance and Treasury Department shall be responsible for guiding and inspecting the implementation of this Circular.

2. The Head of the State Bank Inspectorate shall be responsible for guiding and supervising the organization and implementation within the State Bank system; inspecting the organization and implementation of this Circular by credit institutions and foreign bank branches."

Article 2. Replace and abolish certain phrases in Circular No. 01/2014/TT-NHNN dated January 6, 2014, issued by the Governor of the State Bank of Vietnam regarding the transfer, storage, and transportation of cash, valuable assets, and securities (amended and supplemented by Circular No. 12/2017/TT-NHNN dated August 31, 2017, and Circular No. 19/2021/TT-NHNN dated November 24, 2021).

1. Replace the phrase "Provincial Branches of the State Bank (hereinafter referred to as Provincial Branches)" with the phrase "Regional Branches of the State Bank (hereinafter referred to as Regional Branches)" as stipulated in Clause 1 of Article 10.

2. Replace the phrase "Provincial Branches" with the phrase "Regional Branches" as stipulated in Clause 1 and Point c of Clause 2 of Article 11, Clause 1 and Points a and b of Clause 2 of Article 13, Article 14, Clause 1 of Article 15, Clause 1 of Article 17, Clause 2 of Article 18, Clauses 1 and 2 of Article 19, Clause 1 of Article 20, Title of Article 21, Clause 1 of Article 24, Clause 1 of Article 31, Clause 2 of Article 37, Clause 4 of Article 39, Clause 2 of Article 45, Clause 4 of Article 50, Article 53, Clause 3 of Article 59, Clause 2 of Article 65, Article 69.

3. Abolish the phrase "(hereinafter referred to as Head of Accounting Department)" as stipulated in Clause 1 of Article 18.

4. Replace the phrase "province, city territory" with the phrase "region territory" as stipulated in Point c of Clause 1 of Article 11 and Clause 4 of Article 39.

5. Replace the phrase "Provincial Branches of the State Bank under the central government" with the phrase "Regional Branches of the State Bank" as stipulated in Article 73.

This Circular takes effect from December 25, 2025/.

Heads of units under the State Bank of Vietnam, credit institutions, and foreign bank branches shall be responsible for implementing this Circular.

Article 4. Implementation provisions

1. This Circular shall take effect from May 19, 2025.

2. Abolish Clause 2, Clause 3, and Clause 5 of Article 1 of Circular No. 19/2021/TT-NHNN dated November 24, 2021, amending and supplementing certain articles of Circular No. 01/2014/TT-NHNN dated January 6, 2014, issued by the Governor of the State Bank of Vietnam regarding the transfer, storage, and transportation of cash, valuable assets, and securities./.