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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of December 19, 2018 No. 612

About some questions of carrying out currency transactions

Based on the paragraph of the ninth 26, of paragraphs of the third or seventh Articles 33, parts one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES: Articles

1. Make changes and additions to the following resolutions of Board of National Bank of the Republic of Belarus:

1.1. in Rules of carrying out the currency transactions approved by the resolution of Board of National Bank of the Republic of Belarus of April 30, 2004 No. 72 (The national register of legal acts of the Republic of Belarus, 2004, No. 76, 8/10973; 2005, No. 19, 8/12037; 2007, No. 82, 8/16051; 2008, No. 30, 8/18077; No. 174, 8/19109; 2009, No. 237, 8/21450; No. 292, 8/21667; 2010, No. 157, 8/22466; National legal Internet portal of the Republic of Belarus, 15.09. 2015, 8/30230):

the second or fourth Item 2 to state parts in the following edition:

"For the purposes of use of foreign currency when carrying out with participation of physical persons of the currency transactions provided by Chapter 6 of these rules the currency transactions performed in the territory of the Republic of Belarus are understood as the currency transactions providing calculations, on which:

transfer of cash is performed in the territory of the Republic of Belarus;

transfer of the cash received in the territory of the Republic of Belarus is performed into the accounts opened in banks;

money transfer is performed from accounts into the accounts opened in banks.

The currency transactions performed outside the Republic of Belarus are understood as all other currency transactions which are not referred to the currency transactions performed in the territory of the Republic of Belarus.

In case of argumentativeness of the place of transfer of cash it is considered that the place of their transfer is the territory of the Republic of Belarus.";

second and third Item 15 to exclude part Item 13-2,;

state Item 14 in the following edition:

"14. Collection of remuneration (payment) by bank from subjects of currency transactions - residents, and also from physical persons when implementing banking and other activities is made in the Belarusian rubles, except as specified, provided by part two of this Item.

Collection, payment by bank in foreign currency is allowed:

interests on credit, provided (received) in foreign currency;

percent on the money which is on the current (settlement) bank accounts (further - the current (settlement) account) in foreign currency, in deposits (deposits) in foreign currency;

rewards (discount) according to the letter of credit, guarantee (counterguarantee), the collection, the bank payment obligation, financing under concession of monetary claim (factoring), the bill of exchange on condition of implementation of the specified foreign currency transactions;

remunerations (payment) on transfers in foreign currency for benefit of nonresidents.";

state Item 17 in the following edition:

"17. Subjects of currency transactions (except banks) perform the currency transactions connected with capital movement:

in registration procedure - the currency transactions specified in Item 18 of these rules;

without the permission of National Bank, observance of registration or notifying procedure - the currency transactions specified in paragraphs the second or ninth, eleventh and twelfth to part five of article 10 of the Law of the Republic of Belarus "About currency control and currency exchange control";

in notifying procedure - the currency transactions which are not specified in Item 18 of these rules, and also not specified in paragraphs the second or ninth, eleventh and twelfth to part five of article 10 of the Law of the Republic of Belarus "About currency control and currency exchange control".";

in Item 18:

the paragraph one to state in the following edition:

"18. Subjects of currency transactions - residents (except banks) in registration procedure perform the currency transactions connected with capital movement, providing:";

add subitem 18.3 with words ", the property equated to immovable things according to legal acts except for moved";

state subitem 18.8 in the following edition:

"18.8. receipt of the credits and (or) loans;";

exclude subitem 18.11;

exclude Item 20;

state Item 21 in the following edition:

"21. Banks perform the currency transactions connected with capital movement:

based on special permissions (licenses) for implementation of banking activity issued by National Bank - the currency transactions which are bank;

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