Vietnam CLOSES 86,000,000 Bank Accounts, Submits to OECD's Power Grab!
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Vietnam to close 86 million inactive bank accounts by September
Vietnam will close tens of millions of unverifiable bank accounts by September 2025 under new digital payment regulations.
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That's a lot of 'inactive' accounts!! Looks as if they're more interested in total control... er... real efficiency!
from link above
"Vietnam will close tens of millions of unverifiable bank accounts by September 2025 under new digital payment regulations."
“This is a data-cleansing revolution,” said Tuan. “While the total number of bank accounts remains 200 million, by September 2025, once the legal framework is complete, all accounts without biometric data will be closed to prevent scams and fraud. After seven years of promoting non-cash payments, we are moving toward real efficiency.”
from link above
"Vietnam will close tens of millions of unverifiable bank accounts by September 2025 under new digital payment regulations."
“This is a data-cleansing revolution,” said Tuan. “While the total number of bank accounts remains 200 million, by September 2025, once the legal framework is complete, all accounts without biometric data will be closed to prevent scams and fraud. After seven years of promoting non-cash payments, we are moving toward real efficiency.”