Circular No. 43/2026/TT-NHNN Guiding Payment and Money Transfer Activities Related to Re-Export Goods Business

STATE BANK OF VIETNAM VIETNAM

Number: 43/2026/TT-NHNN

SOCIALIST REPUBLIC OF VIETNAM Independence - Freedom - Happiness

Hanoi, August 27, 2026

CIRCULAR Guiding payment and money transfer activities related to re-export goods business

Pursuant to the Law on the State Bank of Vietnam No. 46/2010/QH12; Pursuant to the Law on Credit Institutions No. 32/2024/QH15 amended and supplemented by Law No. 96/2025/QH15; Pursuant to the Ordinance on Foreign Exchange No. 28/2005/PL-UBTVQH11 amended and supplemented by Ordinance No. 06/2013/UBTVQH13; Pursuant to Decree No. 70/2014/ND-CP of the Government detailing the implementation of some articles of the Ordinance on Foreign Exchange and the Ordinance amending and supplementing some articles of the Ordinance on Foreign Exchange; Pursuant to Decree No. 292/2026/ND-CP of the Government detailing some articles and measures to organize and guide the implementation of the Law on Foreign Trade Management; Pursuant to Decree No. 26/2025/ND-CP of the Government regulating functions, tasks, powers and organizational structure of the State Bank of Vietnam amended and supplemented by Decree No. 198/2026/ND-CP; At the proposal of the Head of the Foreign Exchange Management Department; The Governor of the State Bank of Vietnam promulgates the Circular guiding payment and money transfer activities related to re-export goods business.

Article 1. Scope of regulation This Circular guides payment and money transfer activities related to re-export goods business of traders.

Article 2. Applicable subjects

1. Banks, branches of foreign banks permitted to engage in business and provide foreign exchange services (hereinafter referred to as authorized banks).
2. Traders engaging in re-export goods business (hereinafter referred to as traders).
3. Other organizations and individuals related to payment and money transfer activities for re-export goods business transactions.

Article 3. Principles of payment and money transfer related to re-export goods business

1. Payment and money transfer related to re-export goods business shall be conducted on the basis of two separate payment and money transfer transactions for the two goods purchase contracts and goods sales contracts signed by the trader with foreign traders: Money transfer transaction for payment for the goods purchase contract and money receipt transaction from the goods sales contract.
2. The payment money transfer transaction may be conducted before or after the money receipt transaction.
3. All payment and money transfer activities related to re-export goods business must be conducted through authorized banks.
4. Traders may only make payment and money transfer within the same re-export business transaction under the goods purchase contract and the goods sales contract for that same goods at the same authorized bank. In case that authorized bank is not permitted to conduct international payment and money transfer according to legal regulations, the trader may make payment and money transfer within the same re-export business transaction at another authorized bank.

Article 4. Foreign currency sources for payment Traders may use the following foreign currency sources to transfer abroad for payment for goods purchase contracts:

1. Foreign currency in the foreign currency payment account of that trader.
2. Foreign currency purchased from the authorized bank.

Article 5. Responsibilities of authorized banks

1. Develop internal regulations, including regulations on simultaneous inspection of both the goods purchase contract and the goods sales contract in the same re-export business transaction when conducting money transfer abroad; monitor foreign currency flows transferred out - into the territory of Vietnam in re-export goods business through statistical compilation; track data on money transfer out and money receipt in the same re-export transaction.
2. When conducting foreign currency sale, payment and money transfer transactions related to re-export goods business for customers, authorized banks are responsible for examining, checking, and storing documents and vouchers suitable with actual transactions to ensure the provision of foreign exchange services is conducted for the correct purpose and conforms to the regulations in this Circular and relevant legal regulations.
3. Comply with legal regulations on prevention and combat of money laundering and terrorist financing, financing of proliferation of weapons of mass destruction; regularly monitor money transfer transactions related to re-export goods business to ensure transactions are conducted in conformity with actual transactions.
4. Seriously implement and guide customers to implement the regulations in this Circular.

Article 6. Responsibilities of traders

1. Present types of documents and vouchers according to regulations of the authorized bank when purchasing foreign currency, making payment and money transfer related to re-export goods business and bear legal responsibility for the accuracy and honesty of the types of documents and vouchers presented to the authorized bank.
2. Provide information on money sources received from the goods sales contract for the authorized bank to compile statistics and track data on money transfer out and money receipt in the same re-export business transaction and bear legal responsibility for the accuracy and honesty of the information provided to the authorized bank.
3. Seriously implement regulations in this Circular and relevant legal regulations.
4. Must not use the set of documents and vouchers of a re-export goods business transaction to purchase foreign currency, make payment and money transfer at multiple authorized banks, except for the permitted case regulated at Clause 4 Article 3 of this Circular.

Article 7. Effectiveness

1. This Circular takes effect from September 5, 2026.
2. Repeals Circular No. 02/2020/TT-NHNN guiding payment and money transfer activities related to re-export goods business.

Article 8. Organization of implementation Heads of relevant units belonging to the State Bank of Vietnam, authorized banks are responsible for organizing the implementation of this Circular./.

Recipients:

• As Article 8;
• Leadership of the State Bank of Vietnam;
• Government Office;
• Ministry of Justice (for review);
• Official Gazette;
• State Bank of Vietnam Electronic Information Portal;
• File: Office, Legal Department, Foreign Exchange Management Department (03 copies).

FOR THE GOVERNOR DEPUTY GOVERNOR (Signed and sealed) Pham Thanh Ha