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SBV requires safe banking for Tet
Saturday,  Feb 3, 2018,00:01 (GMT+7)

SBV requires safe banking for Tet

HCMC – The State Bank of Vietnam (SBV) has issued Official Dispatch No.726 asking SBV branches, commercial banks, foreign bank branches and National Payment Corporation of Vietnam (Napas) to ensure safe and secure banking for the upcoming Lunar New Year (Tet), Tien Phong newspaper reports.

SBV Deputy Governor Dao Minh Tu in the official dispatch asked SBV agencies like the Issue and Vault Department to ensure sufficient cash supply for Tet.

SBV’s Information Technology Department, Payment Department and Transaction Center were assigned to ensure smooth operations of the interbank electronic payment system, cooperate with other agencies and banks to provide convenient transaction services for individuals and organizations, detect and timely repair technical errors and ensure network security.

SBV asked Napas to ensure sufficient staff for the bank card switching, clearing and settlement system during the nation’s biggest holiday and cooperate with other SBV agencies and credit institutions to timely solve any problems that arise and customers’ complaints.

Inspection agencies are responsible for inspecting credit institutions and foreign bank branches to ensure stable currency and remittance market, and handling violations in the trade of gold and foreign currencies.

The directors of SBV’s provincial branches are responsible for ensuring sufficient cash supply for credit institutions in their provinces and smooth operations of ATM systems, and timely solving problems that may occur when cash withdrawals surge ahead of Tet. Businesses are encouraged to make payments for laborers in cash to avoid ATM overload.

Foreign currency exchange services must be maintained during the holiday to serve international tourists.

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Deputy Editor-in-Chief: Pham Huu Chuong
Managing Editor: Nguyen Van Thang.
Assistant Managing Editor: Pham Dinh Dung.
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