Starting from November 15, 2026, Vietnam's banking sector will implement new regulations concerning money transfers that exceed 10 million VND for individuals and 50 million VND for organizations. These regulations are part of a broader effort to integrate artificial intelligence (AI) into banking operations, particularly for transactions classified as high-risk.

The new guidelines, issued by the State Bank of Vietnam, aim to enhance the safety and management of risks associated with AI applications in banking. This initiative follows the signing of Circular No. 53/2026/TT-NHNN, which outlines the requirements for implementing AI systems in financial transactions.

Under the new rules, AI systems will automatically process transactions above the specified thresholds, which are categorized as high-risk. For individual customers, transactions exceeding 10 million VND per transaction or a total of 20 million VND per day will fall under this category. For organizations, the limits are set at 50 million VND per transaction or a total of 100 million VND per day.

The introduction of these regulations reflects the growing reliance on AI technologies within the banking sector, which has already seen AI being utilized for credit scoring, loan assessments, fraud detection, and automated customer service. However, the use of AI also brings new risks related to cybersecurity, data safety, and third-party dependencies.

To mitigate these risks, the circular mandates that AI systems undergo thorough cybersecurity assessments before they can be officially deployed. Additionally, banks must adhere to strict data safety protocols and risk management practices to protect the rights and interests of customers.

The regulations also emphasize the importance of human oversight in banking operations involving AI, ensuring that technology does not replace human judgment in critical decision-making processes.

As the banking sector prepares for these changes, stakeholders are encouraged to align their operations with the new requirements, which aim to promote safe and responsible AI use in financial services.