Pursuant to the Law on the State bank of Vietnam No. 46/2010/QH12, of June 16, 2010;Pursuant to the Law on credit institutions No. 47/2010/QH12, of June 16, 2010;Pursuant to the Law on negotiable instruments No. 49/2005/QH11, of November 29, 2005;Pursuant to the Government’s Decree No. 96/2008/ND-CP, of August 26, 2008, defining the functions, tasks, powers and organizational structure of the State bank of Vietnam; At the proposal of the Director of the Monetary policy department;The Governor of the State bank of Vietnam promulgates the Circular providing on discount activities of negotiable instruments and other valuable papers of credit institutions, foreign banks’ branches for their customers,
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