Regulatory Alerts2025-08-31 | 25/2025/TT-NHNNAdded · Updated
Circular 25/2025/TT-NHNN Amending Certain Provisions of Circular 17/2024/TT-NHNN on Opening and Using Payment Accounts
The State Bank of Vietnam issued Circular 25/2025/TT-NHNN to amend Circular 17/2024/TT-NHNN regarding the opening and use of payment accounts. The circular introduces updated requirements for customer identification, digital account opening procedures, and enhanced anti-money laundering due diligence for foreign banks operating in Vietnam. It also establishes specific regulations for payment accounts of foreign investors conducting indirect investment and sets effective dates for the various amended provisions.