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Which banks make citizen identification cards with chips to withdraw money at ATMs?

There are 5 banks participating in the deployment of chip-integrated citizen identification to withdraw money at the ATM system.

Talking to the press on the afternoon of May 20, Mr. Le Anh Dung – Deputy Director of the Payment Department (SBV) said that this agency is currently coordinating with the Police Department for Administrative Management on Social Order. (C06), Ministry of Public Security in deploying citizen identification with integrated chip to withdraw money at ATM system.

According to Mr. Dung, there are currently 5 banks participating in this pilot program, including BIDV, Vietinbank and Ban Viet Bank, etc. 2 localities in the pilot phase are Hanoi and Quang Ninh. The C06 side said that, after the pilot period to ensure security, safety and practical benefits for the people, it will expand the pilot area and expand the number of banks participating in this project.

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Citizen ID cards with integrated ATM cards will be piloted in Hanoi and Quang Ninh (illustration image)

Technically, a representative of the State Bank said that the form of citizen identification cards with chips for withdrawing money at ATMs has approached the absolute level of safety. Cards used at ATMs are chip cards, and at the same time, demographic and biometric information such as fingerprints are also stored on a secure system. Therefore, if it is difficult for high-tech criminals to interfere with information such as magnetic cards in the past, the risk is now very low.

In addition, even in the unfortunate event that a user forgets his/her citizen ID card when withdrawing money at an ATM, the latter can also get money because it needs an authentication step to match the user’s biometric information. used with information mounted on the card chip.

“The State Bank is working closely with C06 so that citizens’ data can be safely, effectively and responsibly exploited,” Dung emphasized.

Currently, in addition to setting a goal of taking advantage of the chip-based citizen identity in operations, using ATM withdrawals. The SBV wishes to expand the scope of devices accepting chip-based citizen cards at transaction counters of the banking system to reduce transaction waiting time and prevent forgery. Because, even in some cases, old bank cards can be faked, bypassing bank staff.

Tran Chung

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