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Home / Market / Vietnam Shuts Down Millions of Bank Accounts Over Biometric Rules
Vietnam Shuts Down Millions of Bank Accounts Over Biometric Rules

Vietnam Shuts Down Millions of Bank Accounts Over Biometric Rules

2025-09-22  Ian Fleming

As of September 1, 2025, banks across Vietnam are closing accounts deemed inactive or non-compliant with new biometric rules. Authorities estimate that more than 86 million accounts out of roughly 200 million are at risk if users fail to update their identity verification.


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