Decision No. 50/2007/QD-NHNN of the State Bank of Vietnam stipulates the fee levels for payment services through payment service providers, to be implemented from April 1, 2008, replacing previous decisions. The fee levels are determined based on relevant legal documents.
Scope of application
Payment service providers, State Bank of Vietnam
Key points
- Payment service providers → collect payment service fees according to the levels prescribed in this Decision.
- The State Bank of Vietnam → uses the Statement forms from Appendix No. 01 to No. 07 to collect payment service fees.
🌐 Social impact of this document
- Positive impact: Establishes a legal basis for collecting payment service fees, ensuring fairness and transparency in payment activities.
- Negative impact: May increase costs for payment service providers and users of such services.
❓ Frequently asked questions
How are the payment service fee levels defined?
The payment service fee levels are defined in Decision No. 50/2007/QD-NHNN, but there is no detailed information about specific fee levels in this document.
Which Statement form does the State Bank of Vietnam use to collect fees?
The State Bank of Vietnam uses the Statement forms from Appendix No. 01 to No. 07 as prescribed in this Decision.
When does this Decision take effect?
This Decision takes effect from April 1, 2008, and replaces Decision No. 449/2000/QD-NHNN.
Who is responsible for implementing this Decision?
The Director of the Office, Head of the Payment Department, Director of the Banking Information Technology Department, Director of the State Bank Inspectorate, Heads of units related to the State Bank, Governors of the State Bank Branches in provinces and centrally-administered cities, General Directors (Directors) of payment service providers are responsible for implementing this Decision.
Which decision does this Decision replace?
This Decision replaces Decision No. 449/2000/QD-NHNN of the Governor of the State Bank regarding the issuance of payment service fee levels through banks.
Full text
Pursuant to …;
Issuing the fee schedule for payment services through payment service providers
__________________________
GOVERNOR OF THE STATE BANK OF VIETNAM
Pursuant to the Law on the State Bank of Vietnam 1997 and the Law Amending and Supplementing Certain Provisions of the Law on the State Bank 2003;
Pursuant to the Law on Credit Institutions 1997 and the Law Amending and Supplementing Certain Provisions of the Law on Credit Institutions 2004;
Pursuant to the Decree No. 64/2001/NĐ-CP dated September 20, 2001 of the Government on payment activities through payment service providers;
Pursuant to Decree No. 52/2003/ND-CP dated May 19, 2003, issued by the Government, detailing the functions, tasks, powers, and organizational structure of the State Bank of Vietnam;
Pursuant to the Decree No. 160/2006/NĐ-CP dated December 28, 2006 of the Government detailing the implementation of the Foreign Exchange Ordinance;
At the proposal of the Head of the Payment Department.
DECISION:
Article 1. The fee schedule for payment services through payment service providers is hereby issued together with this Decision.
Article 2. When collecting payment service fees, units of the State Bank shall use the Statement Form according to the Annexes from No. 01 to No. 07 attached to this Decision.
Article 3. This Decision takes effect from April 1, 2008 and replaces Decision No. 449/2000/QĐ-NHNN2 dated October 20, 2000 of the Governor of the State Bank on issuing the fee schedule for payment services through banks.
Article 4. The Heads of the Office, the Head of the Payment Department, the Director of the Banking Technology Information Bureau, the Heads of the Inspection Department of the State Bank, the Heads of relevant units under the State Bank, the Governors of the State Bank Branches in provinces and centrally governed cities, and the General Directors (Directors) of payment service providers are responsible for implementing this Decision./.
DEPUTY DIRECTOR
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