VIE CB Electronic Payment Margin Ratio

Published on: Nov 27, 2024

On Nov. 22, VIE CB specified minimum margin ratios for 2025-2030.

  • VIE CB issued decision on the minimum margin ratio to establish net debt limit when using low-value payment services in national interbank electronic payment system.
  • Plus the minimum margin ratio to establish the electronic clearing limit when participating in the electronic clearing system, decision issued on Nov. 15, 2024.
  • Tabulates and specifies the target margin ratio from 15% in 2025 to 100% in 2030.
  • Tee margin ratios will be periodically adjusted from Jan. 1 every year from 2026-2030.
  • Effectiveness
  • The decision shall be applied from Jul. 1, 2025.
  • Decision no. 1660/QD-NHNN dated Aug. 2, 2024 shall expire from Jul. 1, 2025.
Regulators
VIE CB
Entity Types
Bank; MSB
Reference
PR 11/22/2024, Dec 2522/QD-NHNN, 11/15/2024;
Functions
Compliance; Financial; Risk; Technology; Treasury
Countries
Vietnam
Category
State
N/A
Products
Banking; Clearing; Payments
Rule Type
Final
Regions
AP
Rule Date
Nov 22, 2024
Effective Date
Jul 1, 2025
Rule ID
234580
Linked to
N/A
Reg. Last Update
Nov 22, 2024
Report Section
International