The agency competent to certify the registration and registration of changes to foreign loans (hereinafter referred to as the competent authority in this Circular) is: a) The State Bank (Foreign Exchange Management Department): for loans with loan amount over 10 million USD (or other currency of equivalent value); b) State Bank branch in the province or city where the borrower's head office is located: for loans with a loan amount of up to USD 10 million (or other currency of equivalent value) minus loans foreign currency in Vietnam dong must be considered and approved by the Governor of the State Bank. 2. In case the change increases or decreases the loan amount, changes the loan currency, changes the head office of the borrower, changes the borrower to an enterprise whose head office is located in another province or city make changes Competent authority to confirm registration of loan changes: a) The borrower sends the application file for registration of change of foreign loan to the agency confirming registration and registration for change of foreign loan for the latest time. b) The agency confirming the most recent loan change registration or registration shall act as the focal point to receive the borrower's application for loan change registration. Within 07 working days from the date of receipt of the application for registration of changes, the agency confirming the most recent loan change registration and registration shall transfer all the original documents of the application for registration of loan changes. and a copy of the application for registration and registration of changes (if any) already made of the loan to the competent authority as prescribed in Clause 1 of this Article for the competent authority to continue processing. 3. In case foreign loans in Vietnam dong must be considered and approved by the Governor of the State Bank, the Foreign Exchange Management Department shall act as the focal point and coordinate with relevant units of the State Bank to report. The Governor of the State Bank shall consider and decide according to his/her competence. 4. The exchange rate used to determine the agency competent to confirm the registration and registration of changes in foreign loans is the accounting rate announced by the Ministry of Finance and applied at the time of signing foreign loan agreements. or change agreement of the foreign loan in relation to the loan amount.