ANNOUCEMENT OF VAT EXEMPTION FOR CREDIT CARD SERVICE
Pursuant to Circular 06/2012/TT-BTC guidance on Value Added Tax (VAT) under Decree 121/2011/ND-CP on 11 January 2012, Shinhan Bank
Vietnam would like to inform that we stop to charge the VAT (Value Added Tax) on all fees of Credit Card service from 01 April 2012.
Since the Circular is applied from 1 March 2012, therefore, Shinhan Bank
Vietnam will refund the charged VAT amount from 1 March 2012 to 31 March 2012 to each customer accounts.
Should you have any enquiry, please contact our branches or Hotline number 1900565680.
Yours faithfully,
Shinhan Bank Vietnam Limited
Announcement on BIN change
Ho Chi Minh City, 22 Feb, 2012
Dear our valued customers,
In an attempt to standardize the BIN for the card issuing institutes in
Vietnam, on 30 October 2007, the State Bank of
Vietnam issued the Decision No. 38/2007/Q Đ-NHNN, regulating that the card issuing institutes must finish converting all the ATM cards with the old BIN to the new BIN granted by the State Bank of
Vietnam.
The dead-line of card converting is June 30th, 2012. After the deadline, all the ATM cards with the old BIN will be not valid and can not be used at ATM machines.
For the above reason, you are kindly requested to promptly contact with the branches of Shinhan Bank
Vietnam to ask for the ATM card changing before June 30th, 2012 free of charge.
Thank you & Best regards,
Shinhan Bank
Vietnam