On September 6th, 2017, the State Bank of Vietnam issued Decision No.1886/QD-NHNN on to revise License of The Bank of Tokyo-Mitsubishi UFJ, Ltd. – Ho Chi Minh branch.
Accordingly, the SBV Governor approved the revision of Item II of Article III of License No.24/NH-GP dated February 17th, 1996 for THE BANK OF TOKYO, LTD – HO CHI MINH BRANCH (now known as THE BANK OF TOKYO-MITSUBISHI UFJ, LTD. – HO CHI MINH BRANCH) as follows: “trading and providing foreign exchange services in the domestic and international market within the scope stipulated by the SBV”.
Bank Of Tokyo - Mitsubishi UFJ, Ltd. – Ho Chi Minh branch is responsible for: (i) Providing the mentioned-above services in compliance with applicable laws and other relevant regulations; (ii) Implementing procedures in line with Item 3 of Article 18 of Circular No. 40/2011/TT-NHNN dated December 15th, 2011 on granting license to commercial banks, foreign bank branches and representative offices of foreign credit institutions and other foreign credit institutions with banking operations in Vietnam (as revised by Circular No. 08/2015/TT-NHNN dated June 30th, 2015).
This Decision took effect from the date of signing and is an integral part of License No.24/NH-GP dated February 17th, 1996 for Bank of Tokyo - Mitsubishi UFJ, Ltd. – Ho Chi Minh branch.
Business License No. 26/1998/GP-QLNH5 dated February 11th, 1998 and other documents on approving foreign exchange services of Bank of Tokyo - Mitsubishi UFJ, Ltd. – Ho Chi Minh branch ceased to be effective from the date of signing this Decision.
VA