HOT


I. CONTENTS: 
I. Eligible organizations and conditions for registration
1. Settlement member banks
Settlement member banks are commercial banks who have payment cash deposit accounts at the Banking Operations Center of the State Bank of Vietnam (SBV) and direct members of the inter-bank electronic payment system, performing cash payment for government bond (GB) transactions for indirect paying organizations and (or) for themselves.
2. Rights and obligations of GB settlement member banks
2.1. Rights of GB settlement member banks
- Being appointed to perform the function of a GB settlement member bank;
- Being able to request indirect paying organizations to adhere to the settlement agreement among relevant parties and provide necessary information for payment of GB transactions;
- Being able to collect service fee as stipulated by prevailing laws and regulations.
2.2. Obligations of GB settlement member banks
- Making payment of GB transactions in a sufficient and timely manner for the banks themselves and indirect paying organizations;
- Rendering cash support for payment of GB transactions to indirect paying organizations wherever they are in temporary cash shortage according to the settlement supporting agreement signed between relevant parties in line with prevailing laws and regulations;
- Registering information fully and accurately in line with the guideline of SBV and VSD;
- Connecting with VSD to receive information on payment of GB transactions;
- Fulfilling obligations according to the regulations on payment via the inter-bank electronic payment system of SBV;
- Complying with regulations on payment of GB transactions issued by VSD;
- Complying with mechanism on information disclosure, reporting and security as stipulated in accordance with prevailing laws and regulations.
3. Application for GB settlement member banks
- A written request for participating in provision of cash payment services of GB transactions for indirect paying organizations;
- A copy of the certifying document of membership of the inter-bank electronic payment system of SBV.
References:
- Circular No. 46/2017 / TT-BTC dated May 12th, 2017 by the Minister of Finance guiding settlement of GBs, government guaranteed bonds and municipal bonds transactions.
- Decision No. 136 / QD-VSD dated July 14th, 2017 by the Chief Executive Officer of Vietnam Securities Depository Center issuing Guideline on settlement of GBs, government guaranteed bonds and municipal bonds transactions.


II. LIST OF GB SETTLEMENT MEMBER BANKS AT VSD

No. BANK NAME SHORT NAME CITAD CODE STATUS
1
Joint Stock Commercial Bank for Investment and Development of Viet Nam
BIDV
01202001
Active
2
Bao Viet Bank
BVB
01359001
Active
3 Bac A Bank BAB 01313007 Active
4 Military Commercial Joint Stock Bank MBB 01311001 Active
5 Shinhan Bank Vietnam (Ltd) SHV 79616001 Active
6 Saigon -Hanoi Commercial Joint Stock Bank SHB 01348002 Active
7 JSC Bank for Foreign Trade of Vietnam VCH 01203001 Active
8
Sai Gon Thuong Tin Commercial Joint Stock Bank
SGTT 79303001 Active
9 Techcombank TCB 01310001 Active
10
An Binh Commercial Joint Stock Bank
ABB 79323001 Active