The State Bank of Vietnam (SBV) issued Document No.2244/NHNN-TT on April 4th, 2016 to acknowledge the registration of bank cards for the Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank).
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Accordingly, the SBV acknowledges that the Sacombank has registered to issue one type of prepaid card (international prepaid card with the logo of Sacombank Visa) at the SBV in accordance with the form, functions and utilities mentioned in the bank card registration certificate No.140/CV-Sacombank-TTT dated March 23rd, 2016.
The SBV requires the Sacombank to comply with the SBV regulations on issuance, payment, utilization and provision of supporting services promulgated with Decision No. 20/2007/QD-NHNN of the SBV Governor dated May 15, 2007; and the regulations on risk management in electronic banking operations, safety and security of the information technology system in banking operations and the regulations on safe internet banking services.
Thoa Le