The State Bank of Vietnam (SBV) issued Document No.4981/NHNN-TT on July 4, 2016 to acknowledge the registration of bank cards for Military Commercial Joint Stock Bank (MB).
Accordingly, the SBV acknowledges that MB has registered to issue two types of domestic prepaid card (domestic debit card issued for organization of classic class and domestic debit card issued for organization of master class) at the SBV in accordance with the form, function and applications specified in MB’s Certification of card registration No. 954/MB-HS on June 24, 2016.
The SBV requires MB to comply with the SBV Regulations on issuance, payment, utilization and provision of supporting services promulgated with Decision No.20/2007/QD-NHNN issued by 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