- 1Law No. 20/2004/QH11 of June 15, 2004 amending and supplementing a number of articles of The Law on credit institutions
- 2Law No. 10/2003/QH11 of June 17, 2003, amending and supplementing a number of articles of the Vietnam State Bank Law
- 3Law No. 06/1997/QH10 of December 12, 1997 on The State Bank of Vietnam
- 4Law No. 07/1997/QH10 of December 12, 1997 on credit institutions
- 5Decree No. 96/2008/ND-CP of August 26, 2008, defining the functions, tasks, powers and organizational structure of The State Bank of Vietnam.
THE STATE BANK OF VIETNAM | SOCIALIST REPUBLIC OF VIETNAM |
No. 2635/QD-NHNN | Hanoi, November 6, 2008 |
DECISION
ON THE ISSUANCE OF SOME PROVISIONS RELATING TO FOREIGN CURRENCY TRANSACTION OF CREDIT INSTITUTIONS AUTHORISED TO ENGAGE IN FOREIGN EXCHANGE ACTIVITY
THE GOVERNOR OF THE STATE BANK
- Pursuant to the Law on the State Bank of Vietnam No. 01/1997/QH dated 12/12/1997; the Law on the amendment, supplement of several Articles of the Law on the State Bank of Vietnam No. 10/2003/QH11 dated 17/6/2003;
- Pursuant to the Law on Credit Institutions No. 02/1997/QH10 dated 12/12/1997; the Law on amendment, supplement of several Articles of the Law on Credit Institutions No. 20/2004/QH11 dated 15/6/2004;
- Pursuant to the Decree No. 96/2008/ND-CP dated 26 August 2008 of the Government providing for the functions, duties, authorities and organizational structure of the State Bank of Vietnam;
- Upon the proposal of the Director of the Foreign Exchange Control Department.
DECIDES:
Article 1. General Directors (Directors) of credit institutions authorised to engage in foreign exchange activity shall be permitted to determine the buying and selling rate for spot transaction between Vietnamese Dong and foreign currencies under the following principles:
1. For US$: the maximum exchange rate shall not exceed +3% (three per cent) of the average exchange rate in the inter-bank foreign currency market applicable to the transaction date, announced by the State Bank.
2. For other foreign currencies: The exchange rate shall be determined by the General Directors (Directors) of credit institutions authorised to engage in foreign exchange activity.
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Article 2. This Decision shall be effective from 7 November 2008 and replace the Decision No. 1436/QD-NHNN dated 26 June 2008 of the Governor of the State Bank on the issuance of some provisions relating to foreign currency transaction by credit institutions authorized to engage in foreign exchange activity.
Article 3. Director of the Administrative Department, the Director of the Foreign Exchange Control Department, Heads of related units of the Central State Bank, General Managers of State Bank branches in provinces, cities under the central Governments management, Chairman of the Board of Directors and General Directors (Directors) of credit institutions authorised to engage in foreign exchange activity shall be responsible for the implementation of this Decision.
THE GOVERNOR OF THE STATE BANK OF VIETNAM
Nguyen Van Giau
- 1Decision No. 622/QD-NHNN of March 23, 2009, on the issuance of some provisions relating to foreign currency transaction of credit institutions authorised to engage in foreign exchange activity
- 2Decision No. 622/QD-NHNN of March 23, 2009, on the issuance of some provisions relating to foreign currency transaction of credit institutions authorised to engage in foreign exchange activity
Decision No. 2635/QD-NHNN of November 6, 2008, on the issuance of some provisions relating to foreign currency transaction of credit institutions authorised to engage in foreign exchange activity
- Số hiệu: 2635/QD-NHNN
- Loại văn bản: Quyết định
- Ngày ban hành: 06/11/2008
- Nơi ban hành: Ngân hàng Nhà nước
- Người ký: Nguyễn Văn Giàu
- Ngày công báo: Đang cập nhật
- Số công báo: Đang cập nhật
- Ngày hiệu lực: 07/11/2008
- Tình trạng hiệu lực: Ngưng hiệu lực