06/12/2025 | News release | Distributed by Public on 06/11/2025 22:48
Dear Valued Customers,
Pursuant to Circular 03/2025/TT-NHNN issued by the State Bank of Vietnam on April 29th 2025, Shinhan Bank Vietnam Limited ("Shinhan Bank") would like to notify you of important changes related to Indirect Investment Account for foreigners, effective from June 16th, 2025, as follows:
In order to conduct transactions related indirect investment activities in Vietnam, the use of Indirect Investment Account/Demand Deposit Account shall be determined according to your resident status.
Resident Status |
Types of Account |
Resident |
Demand Deposit Account (Vietnam dong) |
Non-resident |
Indirect Investment Account (Vietnam dong) |
Accordingly, we kindly request that you proactively change your linked account (*) with your securities company as soon as possible to avoid any disruptions in securities transactions.
Furthermore, in case of change resident status from non-resident to resident and you are using linking service with securities company, please change the linked account (*) with your securities company.
(*) To change your linked account, please contact your securities company directly to update your change the linked account.
For further assistance, please contact our Contact Center at 19001577 or (028) 3866 8830 (if calling from abroad).
Sincerely,
Shinhan Bank Viet Nam Ltd.