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According to Article 12 of Circular No. 02/2025/TT-NHNN (effective from June 16, 2025), certificates of deposit can be transferred through the following five forms:
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Purchase and sale;
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Donation;
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Exchange;
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Inheritance;
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Other forms in accordance with the law.
Credit institutions and foreign bank branches are permitted to specify detailed procedures for ownership transfer in accordance with their business characteristics, ensuring the legitimate rights of purchasers and the safety of banking operations.
The transfer of ownership of certificates of deposit, as well as the handling of cases where the certificates are crumpled, torn, or lost, will be specifically guided by the issuing credit institutions and foreign bank branches.
Particularly, non-residents (foreign organizations and individuals) and resident foreign individuals are required to complete the ownership transfer procedures directly at the transaction locations of the issuing credit institutions and foreign bank branches.
Consolidated finance companies and specialized finance companies are only permitted to transfer the ownership of certificates of deposit between organizations (not applicable to individuals).
According to Article 11 of Circular No. 02/2025/TT-NHNN, certificates of deposit may be used as collateral to secure civil obligations as guided by the issuing institutions and in accordance with the law on securing the performance of obligations.
