Hanoi, March 30 -- All payment account names in Vietnam must correspond exactly with the information shown on citizens' identification cards starting April 1, in a move aimed at enhancing the security and safety of financial transactions. The requirement is stipulated in Circular No. 30/2025/TT-NHNN, issued by the State Bank of Vietnam, which amends and supplements a number of provisions under Circular No. 15/2024/TT-NHNN governing non-cash payment services. Under the new regulation, banks will discontinue services that allow customers to assign nicknames, or "iNick", to their accounts. Such nicknames, chosen by customers alongside their official account numbers, have been used to personalise account details, making them easier to remembe...
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