The State Bank of Vietnam (SBV) issued Document No.3961/NHNN-TT on May 31, 2016 to acknowledge the registration of bank card for the Nam A commercial joint stock bank.
Accordingly, the SBV acknowledges that the NamABank has registered to issue one type of domestic prepaid card (domestic prepaid card associated with co-branded Real Estate Brokers Association of Khanh Hoa) at the SBV in accordance with the form, functions and utilities mentioned in the bank card registration certificate 468/2016/NHNA-16 dated May 26, 2016.
The SBV requires NamABank to comply with the SBV regulations on issuance, payment, utilization and provision of supporting services promulgated with Decision No. 20/2007/QĐ-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.
Nguyen Giang