Hanoi, April 1 -- Beginning April 1, payment account names at commercial banks must fully match information on citizens' identity cards, in line with Circular No. 30/2025/TT-NHNN amending regulations on non-cash payment services.

Under the updated rules, payment service providers are required to review payment orders to ensure their legality and validity. Account numbers and account holder names must align with registered account details and be clearly displayed on all transaction records.

The regulation effectively eliminates the use of account nicknames or aliases (Alias/Nickname/iNick), a feature previously introduced by many banks to help customers personalise accounts and simplify transfers.

Regulators note that maintaining both o...