12 TYPES OF TRANSACTIONS REQUIRED TO PAY BY BANK

Numerical order Types of transactions Scope and object of application Legal grounds
I State bank
1 In the activities of organizations using state capital
1.1 Payment transactions Organizations using state capital do not make cash payments in transactions, except for some of the following transactions:
1. To pay money for the purchase of agricultural, forestry, aquatic products, services and other products to people directly engaged in production, fishing or exploiting for sale without a bank account.
2. Payment of per diem, salary and other income for employees who do not have a payment account at a bank.
3. Payments for the performance of defense and security tasks related to State secrets.
4. The payer performs the payment or the payee receives the payment in communes, wards or towns in mountainous, remote, border areas, islands, rural areas where there is no payment service provider.
5. Payments with a value of less than 20 million VND, except for intraday payments with a value of less than 20 million VND for the same purpose, a payer but the total of these payments is greater than 20 million dong.
– Decree 222/2013 / ND-CP dated 31/12/2013.
– Circular 33/2014 / TT-NHNN dated 20/11/2014.
2 Disbursement of loans from credit institutions, foreign bank branches to customers
2.1 Disbursement of the loan to the beneficiary’s checking account – Beneficiary is a legal entity.
– The beneficiary (excluding legal entities) has a checking account at the payment service supplier and the loan amount stated in the loan agreement is worth over VND 100,000,000 (one hundred million dong).
– Customers make payments and payments for loan use purposes that are required by law to be made through the customer’s checking account.
– Decree 222/2013 / ND-CP dated 31/12/2013.
– Circular 21/2017 / TT-NHNN dated December 29, 2017.
2.2 Disbursement of the loan to the borrower’s checking account – Customer is the beneficiary who has a payment account at the payment service supplier who has advanced his / her own capital to pay and pay the costs of the plan, business project or plan, project. serving the life loaned by a credit institution in accordance with law.
– Customers directly pay and pay for the purchase of agricultural products in the agricultural, forestry, salt and fishery sectors from individuals, households, farm owners, business households and cooperative organizations. production and business activities in rural areas for customers to implement production and business plans, in accordance with the loan purposes stated in the loan agreement.
II The financial
1 In the securities sector
1.1 Securities transaction payment – Trading securities on the Stock Exchange;
– Trading securities registered and deposited at the Vietnam Securities Depository.
– Securities law;
– Article 5 of Decree 222/2013 / ND-CP dated 31/12/2013.
1.2 Securities transactions for customers of securities companies Securities transactions for customers of securities companies are done through commercial banks
– Decree No. 222/2013 / ND-CP dated December 31, 2013.
– Article 50 of Circular 210/2012 / TT-BTC dated 30/11/2012.
– Decree No. 222/2013 / ND-CP dated December 31, 2013.
– Article 50 of Circular 210/2012 / TT-BTC dated 30/11/2012.
2 In the field of state budget revenue and expenditure
2.1 Regarding state budget revenue Economic units and organizations that have accounts at commercial banks shall pay the state budget (State budget) in the form of non-cash payments or in cash at commercial banks for remittance. State Treasury (State Treasury) accounts. – Decree No. 222/2013 / ND-CP dated December 31, 2013.
– Article 5 of Circular No. 13/2017 / TT-BTC dated February 15, 2017.
– Clause 1 Article 1 of Circular No. 136/2018 / TT-BTC dated December 28, 2018.
For individuals, units and other organizations, when performing the obligation to pay the State budget, payment must be given priority in the form of non-cash payment.
2.2 Regarding state budget expenditure and other expenses: Expenditures of transaction units with the State Treasury are made by direct transfer from transaction units’ accounts opened at the State Treasury to accounts of goods and service providers. Salary beneficiaries from the state budget and other beneficiaries at the State Treasury or banks, except for the cases where cash payments are allowed as prescribed in Article 6 of Circular No. 13/2017 / TT-BTC and Clause 2 Article 1 of Circular No. 136/2018 / TT-BTC. – Decree No. 222/2013 / ND-CP dated December 31, 2013.
– Article 5 of Circular No. 13/2017 / TT-BTC dated February 15, 2017.
– Clause 1 Article 1 of Circular No. 136/2018 / TT-BTC dated December 28, 2018.
3 In the tax area
3.1 V.a.t tax Purchased goods and services (except for goods and services purchased each time with a value of less than 20 million VND), exported goods and services must have proof of non-cash payment for the value of the taxpayer. VAT is deductible. Clause 6 Article 1 of the Law on Value Added Tax amended in 2013.
3.2 Corporate income tax Goods and services each time with a value of twenty million dong or more (except for cases where non-cash payment vouchers are not required as prescribed by law) must have non-cash payment vouchers cash to get corporate income tax deduction. Clause 5 Article 1 of the Law on corporate income tax amended in 2013
3.3 Special consumption tax – Raw materials purchased directly from a domestic producer must have proof of payment via a bank for special sales tax credit;
– Goods directly exported to foreign countries by production and processing establishments, including goods sold and processed to export processing enterprises (except for cars with less than 24 seats sold to export processing enterprises; goods by establishments production departments sell or authorize export business establishments to export under economic contracts; goods brought abroad for sale at overseas fairs and exhibitions) must have via-bank payment documents for identified as not subject to special consumption tax.
– Clause 3 Article 1 of Decree 14/2019 / ND-CP dated February 1, 2019.
– Article 3 of Circular No. 195/2015 / TT-BTC dated November 24, 2015.
4 In the field of corporate finance
4.1 Capital contribution transactions, sale, purchase, transfer of contributed capital Business enterprises making capital contribution transactions, buying, selling, and transferring contributed capital to other enterprises shall be implemented in forms of non-cash payments. – Decree 222/2013 / ND-CP dated 31/12/2013.
– Circular 09/2015 / TT-BTC dated January 29, 2015.
4.2 Mutual loan, loan and loan repayment transactions Enterprises transacting loan transactions, lending and repaying loans by enterprises other than credit institutions, implementing forms of non-cash payment – Decree 222/2013 / ND-CP dated December 31, 2013.
– Circular 09/2015 / TT-BTC dated January 29, 2015.

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