VIE CB Newly Printed Money Series


On Dec. 7, VIE CB drafted circular on its newly printed money series.


  • VIE CB drafted circular regulating the management of the newly printed money series.
  • Overview of Provisions
  • Circular issues guidance on printing and minting facilities and packaging specifications.
  • Secondary stripes are still used to print on banknotes instead of damaged banknotes.
  • Serial numbers issued to the printing/minting facility are shown on the issuance table.
  • Provisions on managing serial numbers during the money printing process at printing and minting establishments, and during the process of delivering and receiving money.
  • In addition, rules on providing data and information on newly printed banknote series.
  • The issuance of the circular replaces decision 28/2007/QD-NHNN dated Jun. 21, 2007.
  • Effectiveness
  • Closing date for comments is not specified; circular scheduled to take effect May 2024.
  • Mar. 2024 Circular Issued
  • On Mar. 29, 2024, VIE CB issued circular regarding the regulation of the management of newly printed banknote series, which will become effective on May 14, 2024.
  • Document dated Mar. 29, 2024, received from VIE CB Apr. 10, summarized on Apr. 12.

Regulators VIE CB
Entity Types Bank; MSB
Reference Cir 01/2024/TT-NHNN, 3/29/2024; CP, 12/7/2023
Functions Compliance; Financial; Operations; Reporting; Treasury
Countries Vietnam
Category
State
Products Banking; Deposits; Payments
Regions AP
Rule Type Final
Rule Date 12/7/2023
Effective Date 5/14/2024
Rule Id 194018
Linked to N/A
Reg. Last Update 3/29/2024
Report Section International

Last substantive update on 04/15/2024