The State Bank of Vietnam has officially issued Circular 30/2025/TT-NHNN, amending and supplementing several regulations related to non-cash payment services. Effective from November 18, 2025, this circular marks a significant adjustment to align with the digital transformation and standardization of identity documents in financial transactions.
According to the new document, the list of valid identity papers has undergone notable changes compared to Circular 15/2024/TT-NHNN. Notably, Citizen Identity Cards (CMND) and Residence Cards are no longer considered valid documents for Vietnamese citizens when conducting non-cash payment transactions. This adjustment aims to unify and synchronize the citizen identification system according to new standards.
Instead, Vietnamese citizens can only use valid documents such as Citizen Identification Cards, identity cards, or electronic identification accounts for transactions. These documents must remain valid throughout the entire transaction process to prevent risks, information discrepancies, and ensure payment security.
The circular also introduces provisions for individuals of Vietnamese origin with undetermined nationality. Accordingly, the valid document for non-cash payment transactions is the Certificate of Vietnamese Origin issued by competent authorities. This is a significant update, providing a clearer legal basis for this group when accessing domestic financial services.
For foreigners residing in Vietnam, the State Bank allows the use of various identity verification documents, including: passports, documents issued by foreign authorities, documents related to entry visas, visa substitutes, documents proving visa exemption, or electronic identities through level 2 electronic identification accounts (if available).
Thus, Circular 30/2025/TT-NHNN not only eliminates outdated documents like CMND or Residence Cards for Vietnamese citizens but also expands and clarifies the list of valid documents for individuals of Vietnamese origin with undetermined nationality and foreigners.
Additionally, the circular emphasizes that all identity documents must remain valid throughout the use of non-cash payment services, ensuring legality and transaction security.
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