On September 212, 2023, the Governor of the State Bank of Vietnam (SBV) issued Decision No. 1805/QD-NHNN announcing a number of amendments, supplementations, and abolitions of administrative procedures regarding the establishment and operations in the banking sector, which are performed at the Single Window Service under the SBV’s jurisdiction.
Accordingly, the amended and supplemented administrative procedures performed at the SBV provincial branches are the procedures for the confirmation of the eligibility for operations at a new address of a post transaction office when changing its address; and the procedures for the voluntary termination of operations of a post transaction office.
The abolished administrative procedures performed at the SBV central level and the SBV provincial branches are the procedures for the confirmation of the eligibility for the inauguration of a post transaction office; and the procedures for approval of upgrading a post transaction office into a transaction office.
These amended, supplemented and abolished administrative procedures regarding the establishment and operations in the banking sector are performed in accordance with Circular No. 11/2023/TT-NHNN dated August 31, 2023 amending and supplementing Circular No. 43/2015/TT-NHNN dated December 31, 2015 stipulating the organization and operations of post transaction offices under LienVietPostBank.
This Decision takes effect from October 15, 2023. At the same time, this Decision shall amend and supplement the existing administrative procedures under the following codes: 1.001300 as announced in Decision No.319/QD-NHNN dated March 15, 2016; 1.001201 as announced in Decision No.175/QD-NHNN dated February 8, 2023; abolish the administrative procedures under the following codes: 1.001508 and 2.000625 as announced in Decision No.319/QD-NHNN dated March 15, 2016.
Le Hang