STATE BANK OF VIETNAM’S PAYMENT SERVICES FEE SCHEDULE
(Issued in conjunction with the Circular No. 26/2013/TT-NHNN
dated 05/12/2013 by the Governor of the State Bank of Vietnam)
I. Access fee for participating into payment systems: One-off charging for each member, member unit directly participating into payment systems
No. |
Types of fees |
Fee collectors |
Fee payers |
Fee amount |
1. |
Access fee for the Interbank Payment System (IBPS for abbreviations) |
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1.1 |
Access fee applicable to members |
Central Banking Department |
IBPS’s members |
4 million VND per member |
1.2 |
Access fee applicable to member units |
SBV’s municipal and provincial branches |
Members or member units of the IBPS |
No charging |
2. |
Access fee for participating into SBV’s municipal and provincial clearing systems |
SBV’s municipal and provincial branches in charge of operating clearing systems |
Members of the clearing system in their locality |
No charging |
Note:
- Members of the IBPS are institutions approved by Executive Board of the IBPS for their direct connection to the IBPS;
- Member units of the IBPS are entities within the IBPS’s members approved by Executive Board of the IBPS for their direct connection to the IBPS;
- Members of the clearing system in their locality are entities approved by SBV’s municipal and provincial branches for their participation into the clearing system for the same province or city on which members are based.
II. Annual fees:
Charged and collected on the December of every year. If member’s (member unit’s) participation duration is less than one year, fees are charged in accordance with the number of months during which the member takes the participation. The number of months is counted as follows: if a member (or member unit) joins the system before 15th of the month, fees shall be calculated based on the duration starting right from that month; and vice versa, if joining the system after 15th of the month, fees shall be calculated based on the duration starting from the next month to the month in which the member joins the system.
No. |
Types of fees |
Fee collectors |
Fee payers |
Fee amount |
1. |
Annual fee applicable to IBPS’s members, member units |
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1.1 |
Annual fee applicable to IBPS’s members |
Central Banking Department |
IBPS’s members |
18 million VND per member per year |
1.2 |
Annual fee applicable to IBPS’s member units |
SBV’s municipal and provincial branches |
Members or member units of IBPS |
1.5 million VND per member unit per year |
2. |
Annual fee applicable to member banks in their locality participating into SBV’s municipal and provincial clearing systems |
SBV’s municipal and provincial branches in charge of operating clearing systems |
Members of SBV’s municipal and provincial clearing systems in their locality |
1.5 million VND per member bank per year |
III. Fees for domestic payment services
No. |
Types of fees |
Fee collectors |
Fee payers |
Fee amount |
1. |
Transaction fees for the IBPS |
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1.1 |
Transaction fees for the IBPS’s high value payment sub-system |
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a) |
For payment orders received before 15:30 of the working day |
Central Banking Department, SBV’s municipal and provincial branches |
Sending member or member unit |
0.01% of transaction value (2 thousand VND per transaction at the minimum; 50 thousand VND per transaction at the maximum) |
b) |
For payment oders received during the period from 15:30 to the time when the system stops receiving payment orders of the working day. |
Central Banking Department, SBV’s municipal and provincial branches |
Sending member or member unit |
0.02% of transaction value (4 thousand VND per transaction at the minimum; 100 thousand VND per transaction at the maximum) |
1.2 |
Transaction fees for the IBPS’s low value payment sub-system |
Central Banking Department, SBV’s municipal and provincial branches |
Sending member or member unit |
2 thousand VND per transaction |
2. |
Transaction fees for SBV’s municipal and provincial clearing systems |
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2.1 |
Paper-based clearing payment transactions |
SBV’s municipal and provincial branches in charge of operating clearing systems |
Sending member bank |
5 thousand VND per transaction |
2.2 |
Electronic clearing payment transactions |
SBV’s municipal and provincial branches in charge of operating clearing systems |
Sending member bank |
2 thousand VND per transaction |
3. |
Fees applicable to payment transactions undertaken via current accounts opened at SBV |
Central Banking Department, SBV’s municipal and provincial branches serving the paying (sending) clients |
Sending (paying) clients having current accounts with the SBV |
0.02% transaction value (10 thousand per transaction at the minimum; 100 thousand VND per transaction at the maximum) |
IV. Fees for international payment services
No. |
Types of fees |
Fee collectors |
Fee payers |
Fee amount |
1. |
Outward overseas money remittance fee |
Central Banking Department, SBV’s municipal and provincial branches serving the sending clients |
Sending (paying) clients |
0.15% remitted amount (2 USD per transaction at the minimum; 200 USD per transaction at the maximum) |
2. |
Inward overseas money remittance fee |
Central Banking Department, SBV’s municipal and provincial branches serving the receiving clients. |
Clients receiving the inward money remittance |
0.05% remitted amount (1 USD per transaction at the minimum; 100 USD per transaction at the maximum) |
