Penalties for small change exchange services
In 2015, the State Bank will coordinate with ministries and branches to implement more drastically.
The Ministry of Culture, Sports and Tourism has just issued a document requesting the Department of Culture, Sports and Tourism of provinces and cities to review and prevent money exchange services with different fees from existing in relic and festival grounds.
Accordingly, the Ministry of Culture, Sports and Tourism requests: Review and prevent the existence of money exchange services with different fees within the premises of relics and festivals. Mobilize and guide tourists to practice a civilized lifestyle, use money reasonably, for cultural purposes, and overcome the situation of indiscriminate use of Vietnamese currency (especially small denominations) and international currency (if any) in religious activities and festivals. Conduct inspections, checks and strictly handle violations.
Mobilize and guide tourists to overcome the situation of indiscriminate use of Vietnamese currency (especially small denominations) and international currency (if any) in religious activities and festivals.
A representative of the State Bank said that over the past year, the implementation and service of exchanging small change in the grounds, relics and festivals has been rectified; the use of small denomination money has had positive changes: the phenomenon of installing, dropping money, and throwing small change at relics and festivals has decreased, but not completely.
In 2015, the State Bank will coordinate with ministries and branches to implement the policy more vigorously. If the police discover the exchange of small change and collect fees, violators will be punished according to Decree 96 on penalties in the monetary sector./.
According to VOV
