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2026-06-05 10:34:33 · pthandapani@vixio.com
Meta Id
3212149
Content ID
3220631
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6dd91c25bf98edcce7106832cd733dc0

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⏱ 45s total
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Metadata 10:33:49
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S3 Content 10:33:51
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Extracted 10:34:21
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LLM Gen 10:34:27
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TITLE: Vietnam's State Bank Amends Cheque Supply and Usage Regulations BODY: On May 19, 2026, Vietnam's State Bank (Ngân hàng Nhà nước Cộng Hòa Xã Hội Chủ Nghĩa Việt Nam) issued Circular 20/2026/TT-NHNN, which amends and supplements Circular 22/2015/TT-NHNN governing cheque supply and usage activities. The circular introduces streamlined procedures for blank cheque registration and modernises terminology relating to cheque processing. The circular establishes a revised blank cheque registration procedure requiring commercial banks, policy banks, cooperative banks, and foreign bank branches to register blank cheque designs with the State Bank's Payments Department before printing and supplying cheques to customers. Organisations may submit registration documents through three channels: the National Public Service Portal, postal services, or in-person at the State Bank's one-stop service desk. The State Bank must issue written confirmation or rejection within three business days of receiving complete documentation. The circular also replaces the term "tạm khóa" (temporary freeze) with "phong tỏa" (freeze) and updates identity documentation references from "CMND" (identity card number) to "số định danh cá nhân hoặc số hộ chiếu" (personal identification number or passport number) across all annexes. Additionally, the circular permits cash payments for cheques lacking the phrase "pay to account" at specified locations, provided payees provide their full names and valid identification numbers on the cheque's reverse side, except where law prohibits cash settlement. The circular takes effect on July 4, 2026. Organisations that have already printed blank cheques may continue using existing designs until they require a cheque format change.
  • Scraped:2026-06-05 10:34:33
  • Created:2026-06-05 10:34:33
  • By:pthandapani@vixio.com (6)