11/18/2025 | News release | Distributed by Public on 11/17/2025 22:28
Dear Valued Customers,
Shinhan Bank Vietnam Limited ("Shinhan Bank") would like to sincerely thank you for choosing to use our products and services over the past time.
Due to recent regulatory updates and compliance requirements, important changes now apply to banking transactions for foreign customers.
Please review the following information carefully and cooperate accordingly to ensure smooth and convenient banking services.
Please ensure that your passport and valid proof of residence in Vietnam are regularly updated with the Bank.
If these documents are expired or not submitted in a timely manner, certain services such as auto-renewal of term deposits & interest payments, and withdrawal/payment transactions may be temporarily suspended.
※ Proofs of valid residence in Vietnam include: Resident Card/ Visa or alternative documents/ Documents proving visa exemption
As stipulated by Circular 48/2018/TT-NHNN, foreign individuals are not permitted to maintain term deposits in Vietnam Dong cash.
If you currently hold such a deposit, please visit your nearest branch as soon as possible to receive consultation and assistance with account closure.
For indirect investment transactions such as securities trading, foreign customers must use the appropriate account type according to their length of stay in Vietnam.
Especially, long-term residents with existing securities trading accounts must update their linked account type.
For your security, Shinhan Bank has discontinued all transactions using magnetic stripe cards (including magnetic stripe-only cards and hybrid chip cards). We recommend the following best practices:
If you need further information, please contact:
Sincerely,
Shinhan Bank Vietnam Ltd.