Banks strictly control the exchange of small change and new money during Tet holiday

The Governor requested to inspect foreign currency and gold trading activities, new money exchange services, and illegal small denomination cash trading.

To ensure the safety of banking operations during the 2016 Lunar New Year, the Governor of the State Bank has just issued an official dispatch requesting units to strengthen inspection and supervision of banking operations before, during and after the 2016 Lunar New Year to ensure the safety of banking operations.

Banks have increased inspections of new money exchange services and illegal small-denomination cash trading during Tet. (Illustration photo: KT)

Specifically, the units direct, inspect and supervise credit institutions and foreign bank branches in ensuring sufficient cash supply for the economy before and after the Lunar New Year. Ensure the ATM system operates safely and smoothly; provide timely and complete cash payment and financial services to serve production, business, import and export activities and ensure foreign exchange services to serve customers.

In addition, the units also strengthen inspection, examination and supervision of the operations of credit institutions and foreign bank branches to ensure safety of liquidity, treasury, transaction offices, assets and banking operations.

In particular, the units coordinate with the authorities to strengthen inspection and promptly handle violations in foreign currency and gold trading activities, new money exchange services, and illegal trading of small denomination cash.

According to VOV.VN