Stop transactions with businesses that have not verified biometrics from July 1

Circular 17/2024 of the State Bank regulating the mandatory verification of identification documents and biometrics of legal representatives when conducting transactions by electronic means will take effect from July 1, 2025. However, in order to be prepared and avoid service interruptions, many banks have proactively requested customers to conduct verification before this time.

Businesses that do not use biometrics will stop bank account transactions from July 1.

To avoid interruptions in the use of electronic payment accounts, banks have sent notices to corporate and organizational customers opening payment accounts; requiring corporate and organizational customers to verify the identity documents and biometric information of the legal representative before July 1.

After this period, if the customer has not completed the above content, the bank will temporarily suspend the provision of payment/withdrawal services from payment accounts by electronic means to ensure compliance with the regulations of the State Bank.

The legal representative can perform biometric and identity document verification directly on the banking application. After logging in, the system will display a request to synchronize saved information.

In case the legal representative is an individual customer whose biometrics have been compared, the system will display a request to synchronize information.

After clicking “agree”, the representative needs to authenticate the OTP and authenticate the transaction, completing the reconciliation.

In case the legal representative has never had biometric authentication and matched the identity document and biometrics, it is necessary to take additional steps to take photos of the front and back of the citizen identification card; take a photo of the face according to the instructions; place the citizen identification card on the phone camera according to the instructions.

After the above steps, the system will check the identity document information and biometrics to synchronize the information; the user needs to do the final step of authenticating the transaction.

In addition, the legal representative of the enterprise or organization can collect biometric information at the nearest bank transaction office.

tienphong.vn

Source: https://baolaocai.vn/dung-giao-dich-voi-doanh-nghiep-chua-xac-thuc-sinh-trac-hoc-tu-17-post402256.html