The State Bank of Vietnam provides treasury services through money collection and payment for account holders, and transportation, counting, classification and disposal of currency in circulation.
Treasury services provision includes:
• Providing treasury services through money collection and payment: the State Bank of Vietnam issues and collects currencies from circulation by cash collection and payment and other professional operations in accordance with Circular No.23/2012/TT-NHNN of the State Bank of Vietnam dated September 8, 2012 on stipulating regime of cash regulations and cash transactions.
• Identifying genuine or counterfeit banknotes: the State Bank of Vietnam identifies counterfeit or suspicious banknotes upon the demand from institutions and individuals in accordance with Circular No. 28/2013/TT – NHNN of the State Bank of Vietnam dated December 5, 2013 on dealing with counterfeit and suspicious banknotes.
• Collecting and exchanging damaged banknotes: the State Bank of Vietnam collects and exchanges damaged banknotes; publicizes specimen banknotes and stipulates regulations on collecting and exchanging damaged banknotes; selects, classifies and assesses damaged banknotes in accordance with Circular No.25/2013/TT – NHNN dated December 2, 2013 on collecting and exchanging damaged banknotes.