Issuance of Circular 07 on trực tiếp bóng đá hôm nay euro activities in Vietnam
What regulations are included in the Circular 07 on trực tiếp bóng đá hôm nay euro activities in Vietnam? What is trực tiếp bóng đá hôm nay euro activity in Vietnam? What are the principles for carrying out trực tiếp bóng đá hôm nay euro activities in Vietnam?
Issuance of Circular 07 on trực tiếp bóng đá hôm nay euro activities in Vietnam
On June 21, 2024, the Governor of the State Bank of Vietnam issued Circular 07/2024/TT-NHNN, which regulates trực tiếp bóng đá hôm nay euro activities.
According to Circular 07/2024/TT-NHNN, the regulation applies to trực tiếp bóng đá hôm nay euro activities conducted in Vietnamese dong within the territory of Vietnam.
The entities subject to this regulation include:
- Commercial banks.
- Cooperative banks.
- Branches of foreign banks.
- People's credit funds.
- Microfinance institutions.
- Other non-credit organizations and branches of foreign banks involved in trực tiếp bóng đá hôm nay euro activities.
Issuance of Circular 07 on trực tiếp bóng đá hôm nay euro activities in Vietnam - image from internet
What is trực tiếp bóng đá hôm nay euro activity in Vietnam?
According to Article 3 of Circular 07/2024/TT-NHNN, the regulation on trực tiếp bóng đá hôm nay euro activities is explained as follows:
Explanation of terms:
In this Circular, the following terms are understood as follows:
1. trực tiếp bóng đá hôm nay euro activity refers to the act of the principal authorizing the trực tiếp bóng đá hôm nay euro to carry out part of the procedure for opening payment accounts, issuing bank cards, and providing payment services to customers.
2. Principal refers to commercial banks, cooperative banks, branches of foreign banks (referred to as the principal).
3. trực tiếp bóng đá hôm nay euro refers to commercial banks, cooperative banks, branches of foreign banks, people's credit funds, microfinance institutions, and other organizations (referred to as the trực tiếp bóng đá hôm nay euro).
4. trực tiếp bóng đá hôm nay euro location refers to the place where the trực tiếp bóng đá hôm nay euro activities of the trực tiếp bóng đá hôm nay euro are conducted.
The trực tiếp bóng đá hôm nay euro location of another organization must be the business location of the trực tiếp bóng đá hôm nay euro or a branch of the trực tiếp bóng đá hôm nay euro.
5. trực tiếp bóng đá hôm nay euro contract refers to the agreement between the principal and the trực tiếp bóng đá hôm nay euro regarding the implementation of part of the procedure for opening payment accounts, issuing bank cards, and providing payment services to customers.
6. trực tiếp bóng đá hôm nay euro fee refers to the amount of money that the principal pays to the trực tiếp bóng đá hôm nay euro for carrying out the assigned activities, agreed upon by both parties and in accordance with the provisions of the law.
Therefore, trực tiếp bóng đá hôm nay euro activity is the act of the principal authorizing the trực tiếp bóng đá hôm nay euro to carry out part of the procedure for opening payment accounts, issuing bank cards, and providing payment services to customers.
What are the principles for carrying out trực tiếp bóng đá hôm nay euro activities in Vietnam?
According to Article 7 of Circular 07/2024/TT-NHNN, the principles for implementing trực tiếp bóng đá hôm nay euro activities are regulated as follows:
- trực tiếp bóng đá hôm nay euro activities must be established through a written contract between the principal and the trực tiếp bóng đá hôm nay euro, in accordance with the provisions of this Circular and other relevant laws.
- The principal assigns the trực tiếp bóng đá hôm nay euro to carry out transactions according to the regulations and in accordance with the content stated in the Establishment and Operation License or the Establishment License or the Decision on organization and operation issued by the competent authority, as well as any amendments or supplements to the License or Decision (if applicable). If the trực tiếp bóng đá hôm nay euro is a credit institution or a branch of a foreign bank.
- The trực tiếp bóng đá hôm nay euro is not allowed to further delegate the agency to a third party.
- When carrying out the transactions specified in Clause 3, Article 4 of this Circular, a trực tiếp bóng đá hôm nay euro that is a different organization must open and maintain a payment account at the principal to carry out the assigned transactions within the balance agreed upon by the principal and the trực tiếp bóng đá hôm nay euro. This payment account must be separate from other accounts serving the trực tiếp bóng đá hôm nay euro's other activities or purposes opened at the principal.
- The principal collects fees from customers through the trực tiếp bóng đá hôm nay euro based on the fee rates determined by the principal for each period. The principal and the trực tiếp bóng đá hôm nay euro are not allowed to collect any additional fees outside of the prescribed fees determined and publicly announced by the principal.
- The fee schedule of the principal must clearly state the types of fees, the applicable fee rates for each type of service, in compliance with the provisions of the law, and be publicly posted at the trực tiếp bóng đá hôm nay euro locations and on the trực tiếp bóng đá hôm nay euro's website (if available).
The principal and the trực tiếp bóng đá hôm nay euro must commit to ensuring the confidentiality of customer information in accordance with the provisions of the Law on Credit Institutions, guiding documents, and relevant laws and regulations.
- The principal is allowed to enter into trực tiếp bóng đá hôm nay euro contracts with other organizations nationwide.
The number of trực tiếp bóng đá hôm nay euro locations of other organizations must ensure that the number of trực tiếp bóng đá hôm nay euro locations in district-level areas (excluding districts, towns, and cities under provincial administration, and cities under central authority) in provinces and centrally-administered cities accounts for over 70% of the total number of trực tiếp bóng đá hôm nay euro locations of the principal.
- The number of trực tiếp bóng đá hôm nay euro locations as credit institutions or branches of foreign banks is determined by the principal based on the management capacity of the principal. The number of trực tiếp bóng đá hôm nay euro locations of credit institutions or branches of foreign banks is decided by the credit institution or branch of the foreign bank based on their network operations.
