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VietinBank ensures electronic transactions of institutional customers according to Circular 17

On July 1, 2025, Circular 17/2024/TT-NHNN (Circular 17) stipulates that the legal representative of the organization must complete the verification and matching of identity documents and biometric information.

Báo Quốc TếBáo Quốc Tế04/09/2025

At VietinBank , before Circular 17 took effect, almost all institutional customers (COOs) who regularly transacted online had completed biometric collection. Therefore, as soon as Circular 17 took effect, all electronic transactions of COOs at VietinBank were carried out smoothly and safely, without jostling or waiting to carry out biometric collection and comparison procedures.

To achieve this, since the beginning of 2025, VietinBank has proactively developed a comprehensive implementation plan, developed a variety of early biometric collection implementation plans combined with policy communication to customers. Accordingly, financial customers can easily perform biometrics at VietinBank's transaction points across the country. In particular, financial customers can perform biometrics completely online through a specialized digital banking platform for financial customers - VietinBank eFAST application. This modern technology solution supports customers to easily perform steps to authenticate identity documents and biometrics of legal representatives anytime, anywhere on smartphones; at the same time, reduce manual processes and save time and costs for businesses. Thanks to the convenience, ease and consensus from customers, up to now, most of VietinBank's financial customers have completed biometric collection, meeting and fully complying with legal requirements.

VietinBank ensures electronic transactions of institutional customers according to Circular 17


Not stopping there, VietinBank affirms its pioneering role in anticipating Decree 70/2024/ND-CP by implementing the solution of Opening an online payment account exclusively for corporate customers with an outstanding incentive package (100% free). The integration of electronic identification technology combined with biometrics not only helps businesses shorten the time to complete procedures; but also optimizes financial management activities, increases competitiveness and sustainable development in the context of the digital economy . It takes less than 5 minutes for customers to have a corporate payment account and can make payment transactions, transfer money, pay salaries, pay taxes... on VietinBank eFAST. At the same time, businesses have the opportunity to access a specialized solution set for managing receivables/payables, debt reconciliation... through direct integration from the enterprise management system (ERP) with VietinBank.

With the business philosophy of "Customer-centric", VietinBank continues to affirm its commitment to accompany the business community, promote comprehensive digital transformation, develop a safe and modern digital banking ecosystem, contributing to bringing Vietnam's digital economy to the regional and world level.


Source: https://baoquocte.vn/vietinbank-dam-bao-giao-dich-eien-tu-cua-khach-hang-to-chuc-theo-thong-tu-17-326535.html


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