Circular No. 17/2015/TT-NHNN stipulates on the banking code system used in banking operations and activities.

✦ Tóm lược thông minh

This Circular stipulates on the banking code system used in banking operations and activities, applicable to the State Bank of Vietnam, credit organizations, foreign bank branches, National Treasury, and other related organizations. The purpose is to ensure the stability and uniqueness of the banking code and publicize information.

Đối tượng áp dụng

Units of the State Bank of Vietnam, credit organizations, foreign bank branches, National Treasury, and other organizations involved in reporting and electronic data exchange related to the State Bank of Vietnam.

Các điểm cốt lõi

include units of the State Bank of Vietnam, credit organizations, foreign bank branches, National Treasury, and other organizations involved in reporting and electronic data exchange related to the State Bank of Vietnam.
Each entity is assigned a unique banking code that does not change throughout the actual existence of the unit.
The structure of the banking code consists of 8 characters divided into 3 groups: province/city code symbol, credit organization system code, and unit sequence number within the area.
The procedure for issuing a banking code includes submitting the application form according to Appendix 01 within 10 working days, after which the Information Technology Department will process and notify the result through the network.
The procedures and processes for canceling a banking code and adjusting banking information are also detailed.

🌐 Tác động xã hội từ văn bản này

Positive impact: Helps ensure the stability and uniqueness of the banking code, avoiding confusion in banking operations.
Negative impact: May cause difficulties for organizations when changing banking information or canceling the banking code.

❓ Câu hỏi thường gặp

How many entities are eligible to be issued a banking code?

Entities eligible to be issued a banking code include units of the State Bank of Vietnam, credit organizations, foreign bank branches, National Treasury, and other organizations involved in reporting and electronic data exchange related to the State Bank of Vietnam.

For how long is each entity assigned a unique banking code?

Each unit within the eligible entities is assigned a unique banking code that does not change throughout the actual existence period of the unit.

What does the structure of the banking code consist of?

The structure of the banking code consists of 8 characters divided into 3 groups: province/city code symbol (2 characters), credit organization system code (3 characters), and unit sequence number within the area (3 characters).

What is the procedure for issuing a banking code?

For units of the State Bank of Vietnam, when there is a need to issue a banking code, the unit submits a request letter according to Appendix 01 to the email of the Information Technology Department. For credit organizations (excluding people's credit funds), foreign bank branches, within 10 working days from the date of issuance of the establishment and operation license, the organization submits the application package for issuing a banking code.

What is the procedure for canceling a banking code?

For units of the State Bank of Vietnam, within 10 working days from the date of cessation of operations, the Cadre and Civil Servant Department issues a request to cancel the banking code according to Appendix 02 sent to the Information Technology Department via the network. For credit organizations (excluding people's credit funds), foreign bank branches, within 10 working days from the date of the Dissolution Decision or Bankruptcy Decision, the Banking Inspection and Supervision Authority issues a request to cancel the banking code according to Appendix 02 sent to the Information Technology Department via the network.

Toàn văn

STATE BANK OF VIETNAM VIETNAM -------	SOCIALIST REPUBLIC OF VIET NAM Independence - Freedom - Happiness ---------------
Number: 17/2015/TT-NHNN	Hanoi, October 21, 2015

CIRCULAR

Regulations on the banking code system used in

banking operations and transactions

On the basis of Law on the State Bank of Vietnam No. 46/2010/QH12 dated June 16, 2010;

On the basis of Law on Credit Institutions No. 47/2010/QH12 dated June 16, 2010;

On the basis of Law on Electronic Transactions No. 51/2005/QH11 dated November 29, 2005;

On the basis of Law on Information Technology No. 67/2006/QH11 dated June 29, 2006;

Decree No. Decision No. 156/2013/NĐ-CP dated November 11, 2013 stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;

At the proposal of the Director of the Information Technology Department;

The Governor of the State Bank of Vietnam issues this Circular stipulating the banking code system used in banking operations and transactions.

PART I
GENERAL PROVISIONS

Article 1. Scope of Regulation

This Circular stipulates the banking codes applicable to:

1. Internal activities of the State Bank;

2. Activities and transactions through the State Bank;

3. Reporting and electronic data exchange activities with the State Bank of Vietnam (hereinafter referred to as the State Bank).

Article 2. Applicability

1. Entities eligible for banking codes include:

a) Units of the State Bank;

b) Credit organizations and affiliated units, foreign bank branches, Treasury Departments at all levels;

c) Other organizations engaged in reporting and exchanging electronic data related to the State Bank.

2. The State Bank encourages credit organizations, foreign bank branches, and Treasury Departments to use the banking codes prescribed in this Circular in their internal business operations or inter-bank transactions.

Article 3. Explanation of Terms

In this Circular, the following terms are understood as follows:

1. A banking code is a series of characters defined according to a unified principle and uniquely assigned to each entity eligible for a code.

2. Banking information consists of basic information about entities eligible for banking codes, linked to the banking code and some attributes of the entity eligible for a banking code.

3. Internal activities of the State Bank refer to activities within the scope of a unit or between units of the State Bank.

4. Activities and transactions through the State Bank include those of credit organizations, foreign bank branches, Treasury Departments, and other entities engaged in activities related to the State Bank, including:

a) Payment activities through settlement accounts;

b) Bill auction transactions, bond auction transactions, and open market operations;

c) Credit information activities;

d) Anti-money laundering information activities;

e) Other activities and transactions as prescribed by the State Bank.

5. Units of the State Bank are units within the organizational structure of the State Bank as stipulated in Article 3 of Decree No. 156/2013/NĐ-CP dated November 11, 2013 stipulating the functions, tasks, powers, and organizational structure of the State Bank of Vietnam.

6. Affiliated units of credit organizations are units within the operational network of credit organizations, including branches, transaction offices, representative offices, public service units within the country; overseas branches and representative offices according to the provisions of the law.

7. Submitting applications for issuance, cancellation, or adjustment of banking codes through the electronic portal of the State Bank involves sending requests for issuance, cancellation, or adjustment of banking codes via the State Bank's electronic portal using secure digital signatures issued by the State Bank in accordance with regulations on the management and use of digital signatures, digital certificates, and digital signature verification services of the State Bank.

Article 4. Principles for Granting and Revoking Bank Codes

1. A bank code shall be granted uniquely to each unit within the scope of entities entitled to a bank code as stipulated in Clause 1, Article 2 of this Circular.

2. Banking codes remain unchanged and stable throughout the existence of the entity that has been assigned the code.

3. A banking code once issued shall not be reused for another entity.

4. The granting of a bank code shall be carried out when the entity entitled to a bank code is established, merged, divided, or split.

5. The cancellation of a banking code shall be carried out when the entity that has been assigned the banking code is dissolved, declared bankrupt, or ceases its operations.

Article 5. Authority to Grant, Revoke Bank Codes and Adjust Banking Information

The Governor of the State Bank assigns the Director of the Department of Information Technology to issue, cancel, or adjust banking codes and banking information.

Article 6. Public Disclosure of Bank Codes and Banking Information

Banking codes and banking information are publicly disclosed on the electronic portal of the State Bank.

Chapter II
REGULATIONS ON THE STRUCTURE OF BANK CODES AND BANKING INFORMATION

Article 7. Structure of Bank Codes

The structure of bank codes consists of 8 characters and is divided into 3 groups as follows:

1. Group 1 consists of the first two characters on the left, which are the province or centrally administered city code or a common code for branches abroad of credit organizations.

2. Group 2 consists of the next three characters following Group 1, which are the system code of the organization assigned the banking code.

3. Group 3: includes the last three characters, which are the serial number of the unit within each system in each province or centrally-administered city, or abroad.

Article 8. Banking Information

1. Banking information of entities entitled to a bank code includes:

a) Trading name including full name in Vietnamese (as prescribed in the competent authority's document), English name, abbreviated name;

b) Address of the entity entitled to a bank code;

c) Contact phone number, fax number, email address;

d) Type of credit institution (for credit institutions);

đ) Unit type (head office, affiliated unit).

2. Banking information is linked to the bank code of the entity entitled to it and ceases to exist when that bank code is revoked.

Chapter III
REGULATIONS ON PROCEDURES FOR GRANTING, REVOKING BANK CODES, AND ADJUSTING BANKING INFORMATION

Article 9. Procedures for Granting Bank Codes

1. For State Bank units, when there is a need to apply for a banking code, the unit submits a request for issuance of a banking code in the format specified in Appendix 01 to the email address of the Department of Information Technology (announced on the State Bank's electronic portal);

2. For credit organizations (excluding people's credit funds), foreign bank branches, within ten working days from the date the credit organization or foreign bank branch is granted a license to establish and operate (new establishment, merger, division, or spin-off), the credit organization or foreign bank branch sends one set of application documents for issuance of a banking code to the email address of the Department of Information Technology (announced on the State Bank's electronic portal), the documents include: