Foreign credit institutions to gain broader access to foreign currency accounts Vietnam’s new rules on foreign credit institutions’ accounts are set to ease cross-border payments and deepen the country’s integration into global financial and e-commerce networks.
The State Bank of Vietnam has issued Circular No.39/2026/TT-NHNN, amending and supplementing regulations on the use of foreign currency and VND accounts by residents and non-residents at authorised banks. The circular will take effect on September 19.
The circular adds provisions on accounts held by non-resident foreign credit institutions at authorised banks. Under the new rules, these institutions may use foreign currency and VND accounts to make payments and international money transfers for their customers, subject to written agreements with authorised banks, as well as carry out collection and payment transactions in accordance with regulations.
The new provisions are expected to provide a stronger legal basis for payment and international money transfer activities between foreign credit institutions and banks in Vietnam, helping facilitate cross-border financial transactions. https://vir.com.vn/foreign-credit-institutions-to-gain-broader-access-to-foreign-currency-accounts-160342.html
Vietnam Investment Review - VIR
Foreign credit institutions to gain broader access to foreign currency accounts
Vietnam’s new rules on foreign credit institutions’ accounts are set to ease cross-border payments and deepen the country’s integration into global financial and e-commerce networks.
4September 9, 2026 952 2
