50% low cost on interbank digital fee transaction charges from September 1

This can be a new regulation issued by the State Financial institution of Vietnam within the context of the Covid-19 epidemic affecting many individuals and companies.

Accordingly, the State Financial institution of Vietnam diminished 50% of the price for fee of two companies within the price schedule for fee transactions by means of the inter-bank digital fee system. This discount shall be carried out from September 1 and can final till June 30, 2022.

50% discount on interbank electronic payment transaction fees from September 1 - Photo 1.

50% low cost on inter-bank digital fee transaction charges

Thus, based on the brand new laws of the State Financial institution, the transaction price paid by means of the fee sub-system has a excessive worth when the system receives the transaction earlier than 3:30 p.m. on the day, from 0.01% of the fee quantity to the remaining steadiness. 0.005% of the fee quantity (with a minimal of 1,000 VND/merchandise and a most of 25,000 VND/merchandise).

For fee orders, the time the system receives the transaction within the interval from 15:30 till the system stops receiving fee orders throughout the day, the discount from 0.02% of the fee quantity to 0.01% of the fee quantity (with the minimal worth is 2,000 VND/ dish and the utmost quantity is 50,000 VND/ dish).

As well as, the transaction price paid by means of the low-value fee sub-system shall be diminished from 2,000 VND/merchandise to 1,000 VND/merchandise.

Beforehand, the State Financial institution additionally prolonged the time to scale back 50% of fee transaction charges by way of the Interbank Digital Fee System, utilized from January 1 to June 30.

Based on Duy Vu