Approved by the Resolution of Board of the Central bank of the Republic of Uzbekistan from 24 yanvalya 1998 No. 376 (the protocol No. 1/16)

Rules of conducting cash transactions in the national economy

I. General provisions

1. All legal entities, irrespective of pattern of ownership, shall store the money in organizations of banks.

2. Calculations between legal entities, and also the calculations with participation of citizens connected with implementation of business activity by them are made via bank transfer through organizations of banks except as specified, stipulated by the legislation.

3. The cash received from organizations of banks by the organizations is spent only for those purposes on which they are received.

4. The organizations can have in the cash desk cash within limits of remaining balance of cash in cash desk and use them from revenue within regulations. Limits of remaining balance of cash in cash desks and regulations of use of revenue are established by banks in coordination with heads of these organizations, except bodies of the Ministry of Internal Affairs, the Ministry of Defence, Service of homeland security, the Ministry of Emergency Situations and the State Customs Committee of the Republic of Uzbekistan in case of observance of the regulating documents established by the Central bank.

If necessary the specified limits can be reviewed

5. Use of revenue by the organizations of the sphere of trade and household services, irrespective of pattern of ownership, on salary payment, pensions and benefits is forbidden.

6. The right of expenditure of money from the arrived revenue is granted only to those organizations to which it is provided by separate resolutions of the Cabinet of Ministers.

7. All cash liquidity over the set limits of remaining balance of cash in cash desk of the organization shall be handed over for transfer into accounts according to the procedure and in the terms coordinated with organization of bank. Cash can be handed over:

a) in day and evening cash desks of organizations of banks;

b) to collectors for the subsequent delivery in organizations of banks;

c) the joint cash desks under the organizations for the subsequent delivery in organizations of banks;

d) to telecommunications agencies for transfer to accounts in organizations of banks.

8. The organizations have the right to store in the cash desks cash over the limits set by it only for compensation, awards, allowance payment on social insurance, grants, pensions and only for the term of not over 3 working days (for the organizations located at considerable distance from organizations of banks up to 5 working days), including day of receipt of money in organization of bank.

For procurement organizations the limit of cash desk does not join the amounts received from bank for payments with cash with deliverers of agricultural products.

9. Cash disbursement of money on receipt for the expenses connected with official journeys is made within the amounts which are due to the sent persons on these purposes according to the procedure operating in this territory.

The unspent cash issued on receipt shall be returned in cash desk the organization no later than 3 days after the term for which they were issued.

Persons who received cash on receipt shall show the report on the spent amounts of accounts department of the organization or centralized accounts department. Cash disbursement of money is on receipt made on condition of the complete report on the amounts which are earlier issued on receipt.

10. Cash transactions on receiving and delivery of cash are drawn up by the forms of primary accounting documentation approved according to the legislation of the Republic of Uzbekistan.

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