Transaction fees for cash payments collected and spent from State Budget at the State Treasury

The relevant fees related to cash transactions for collecting and disbursing the state budget in cash at the State Treasury are listed in Article 10 of Circular 13/2017/TT-BTC and Clause 6, Article 1 of Circular 136/2018/TT-BTC, specifically as follows:

Illustrative image (source: the internet)

- Transaction units are not obligated to pay fees related to cash transactions for collecting and disbursing the state budget at the State Treasury; depositing or withdrawing cash from the transaction unit’s deposit account at the State Treasury.- Fees related to the use of non-cash payment services by banks will be paid by the transaction unit according to the agreement with the bank providing the service, in compliance with legal regulations.- The fees for opening and maintaining the transaction unit's payment account at commercial banks (if any); fees for transferring funds from the transaction unit's payment account to each beneficiary’s payment account; fees for issuing and annual fees of the transaction unit's credit cards (if any) are accounted for and settled in other expenses, minor expenses for fees and charges of the units using the state budget. Expenses that the public service provider has to pay to banks or intermediary payment service providers for revenue collection from public service activities are regular expenses of the public service provider, carried out under the regulations of Decree 16/2015/ND-CP dated February 14, 2015, from the Government of Vietnam stipulating the autonomy mechanism of public service providers.- Expenses arising due to the transaction unit’s fault in using credit cards, such as late payment fees due to delays in sending payment documents as specified in Clause 6, Article 6 of Circular 13/2017/TT-BTC or sending incomplete payment documents, causing the State Treasury to make late payments to the bank; interest due to non-payment of the full balance on the statement payment date, and other costs arising from the transaction unit’s subjective errors in managing, using, and preserving credit cards (due to loss or damage of cards), will be determined by the transaction unit without using funds sourced from the state budget. The head of the transaction unit will determine the specific responsibilities of each officer related to arising expenses (if any) to be paid to the commercial bank where the credit card is opened.

See detailed regulations at Circular 136/2018/TT-BTC, effective from April 1, 2019.

Thu Ba

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