Document from CIS Legislation database © 2003-2019 SojuzPravoInform LLC

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of August 31, 2016 No. 223

About approval of indicators in case of which the payment service provider treats significant payment service providers

According to the laws of the Republic of Kazakhstan of March 30, 1995 "About National Bank of the Republic of Kazakhstan", of July 26, 2016 "About payments and payment systems" for the purpose of measure definition in case of which the payment service provider treats significant payment service providers the Board of National Bank of the Republic of Kazakhstan DECIDES:

Approve the following indicators in case of which the payment service provider treats significant payment service providers:

1) when ensuring with the payment service provider of implementation of payments and (or) money transfers in systemically significant or significant payment system which operators are residents of the Republic of Kazakhstan, within year of at least twenty five percent from the total amount of the payments and (or) money transfers which are carried out through this payment system in the territory of the Republic of Kazakhstan and abroad;

2) when ensuring with the payment service provider of rendering services in release of payment cards of at least twenty five percent from total amount issued by banks of the Republic of Kazakhstan and Kazpochta joint-stock company of payment cards and on processing of transactions with use of payment cards in the territory of the Republic of Kazakhstan and abroad within year of at least twenty five percent from the total amount of payments and (or) money transfers (transactions) made with use of payment cards within year in the territory of the Republic of Kazakhstan and abroad;

3) when ensuring with the payment service provider of rendering services in release, repayment of electronic money of at least twenty five percent from the total amount of these transactions performed by issuers of electronic money and on processing of the transactions performed with use of electronic money within year of at least twenty five percent from the total amount of the transactions made with use of electronic money within year;

4) when ensuring with the payment service provider of rendering services in implementation of payments via electronic terminals and systems of remote access without use of payment cards within year of at least twenty five percent from the total amount of the payments performed via electronic terminals and systems of remote access without use of payment cards;

5) when ensuring with the payment service provider of rendering services in money transfer through money transfer system in the territory of the Republic of Kazakhstan and abroad within year of at least twenty five percent from the total amount of payments and (or) money transfers through money transfer systems;

6) when ensuring with the payment service provider of rendering services in implementation of payments and (or) money transfers through the correspondent accounts opened between banks in the territory of the Republic of Kazakhstan and abroad within year of at least twenty five percent from the total amount of payments and (or) money transfers through the specified correspondent accounts.

2. To department of payment systems (Ashykbekov E. T.) in the procedure established by the legislation of the Republic of Kazakhstan to provide:

1) together with Legal department (Sarsenov N. V.) state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) the direction of this resolution in the republican state company on the right of economic maintaining "The republican center of legal information of the Ministry of Justice of the Republic of Kazakhstan":

on official publication in information system of law of Ad_let within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan;

for inclusion in the State register of regulatory legal acts of the Republic of Kazakhstan, Reference control bank of regulatory legal acts of the Republic of Kazakhstan within ten calendar days from the date of its state registration in the Ministry of Justice of the Republic of Kazakhstan;

Full text available with active License only!

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info

Effectively work with search system

Database include more 38000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.