Withdrawing money from ATMs using chip-embedded national ID cards

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Step-by-step guide to withdrawing money from ATMs with chip-embedded national ID cards

Recently, the Research Center for Population Data Applications and National ID Cards experimented with using chip-embedded cards as an alternative to ATMs at branches in Hanoi and Quang Ninh. Vietinbank and BIDV are the first banks to implement this service.

National ID cards are integrated with fingerprint biometric authentication technology to connect with national citizen data. This will reduce the risk of card fraud and enhance the security of financial transactions.

Customers scan their national ID cards at ATMs, and the system checks and verifies the information on the cards. Additionally, the system verifies information by scanning faces and fingerprints.

The time taken to verify customer information is only 6 to 8 seconds, extremely fast. Customers who have transitioned from ID cards to national ID cards but have not updated their information with the bank can still perform transactions. In the future, this cash withdrawal method is expected to expand across the entire banking system and other regions.

According to information from the Ministry of Public Security, the National Database System and the Production and Management System of Citizen ID Cards have managed to assign identification numbers to 98,713,820 residents nationwide; received 69,918,619 applications and issued 63,422,126 citizen ID cards across the country.

As of April 21, 2022, the Ministry of Public Security has received 392,369 applications for issuing electronic identification accounts nationwide at locations where procedures for issuing or renewing chip-embedded citizen ID cards are accepted.

Priority for electronic identification accounts is given to 03 groups: (i) Students participating in the national high school graduation exam; (ii) Policy beneficiaries (the poor and near-poor, individuals with meritorious service, and those entitled under Resolution No. 11); (iii) Individuals within the prioritized age range employed in the fields of Information Technology, Telecommunications, civil servants, officials, workers of agencies, organizations, and enterprises.

You can withdraw money at ATMs following the steps below:

Step 1: At the ATM, select the option for cardless cash withdrawal

Step 2: Press the option for withdrawing money using the chip-embedded citizen ID card

Step 3: Place your national ID card on the card reader. Then, look into the ATM transaction camera. The interface screen will display various authentications such as facial recognition, fingerprint scanning... to identify and proceed with the transactions.

Step 4: Enter the corresponding card PIN after the authentication process is completed.

Step 5: Input the amount of money to withdraw and wait for the ATM to dispense cash and provide a receipt.

Above is the guide on how to withdraw money at ATM using the chip-embedded national ID card. Remember to follow Mytour for timely updates on the most useful information.

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Frequently Asked Questions

What steps should I follow to withdraw money from ATMs using a national ID card?

To withdraw money using a national ID card, follow these steps: 1) Select the option for cardless cash withdrawal on the ATM screen. 2) Choose the option for withdrawing money using your chip-embedded ID card. 3) Place your national ID card on the reader and look into the camera for facial recognition. 4) Enter your card PIN once authenticated. 5) Input the desired withdrawal amount and wait for the cash and receipt.

How does the chip-embedded national ID card enhance transaction security?

The chip-embedded national ID card enhances security by integrating fingerprint biometric authentication and facial recognition technology. This combination significantly reduces the risk of card fraud during financial transactions, ensuring that only authorized users can access their accounts. Additionally, the system verifies customer information quickly, typically within 6 to 8 seconds, providing a fast and secure withdrawal process.

Can I use my old ID card to withdraw money from ATMs?

Yes, you can still perform transactions using your old ID card. If you have transitioned to a national ID card but haven’t updated your information with the bank, you are still able to withdraw cash from ATMs. However, it’s recommended to update your details to utilize the latest security features associated with chip-embedded ID cards.

What benefits do students and policy beneficiaries receive from electronic identification accounts?

Students participating in national exams and policy beneficiaries such as the poor or those with meritorious service are prioritized for electronic identification accounts. These accounts simplify access to services and enhance their ability to perform transactions securely using their chip-embedded national ID cards, ensuring they benefit from the advancements in banking technology.