[Updated Notification] Change of the time of Circular 16/2014/SBV application to May 31st , 2020 regarding the use of account services andVND-denominated payments by Resident and Non-Resident foreign customers in Vietnam

Dear Valued Customers,

According to our previous notification, Circular 16/2014/SBV of the State Bank of Vietnam prescribes the conditions and purposes of using account services and VND-denominated payment for resident and non-resident foreign customers in Vietnam and Vietnamese nationals who do not reside in Vietnam. Accordingly, you are subjected to:

• Present documents justifying the sources of money (for incoming transfer) and purposes of using money (for outgoing transfer): When transfer money or use balances on your accounts to make bank transfer to and from Vietnam.

Given the spead of novel covid-19 pandemic and to provide you the support that might need for your VND-denominated payments and transactions, Techcombank will continue to render remittance online  services through May 31^st, 2020 instead of March 22^nd, 2020 as previously announced. As from May 31^st, 2020, your transactions will be served at the counter as regulated by Circular 16/2014/SBV.

Specific guidelines and FAQs on the implementation of Circular 16/2014/SBV  will be updated to you soon.
Should you have any questions, please contact the nearest branch, or  our Hotline : 1800 588 822 for support.