RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of September 6, 2017 No. 369

About modification and amendments in the Instruction about procedure for forming by banks and non-bank credit and financial organizations of the fund of required reserves placed in National Bank of the Republic of Belarus

Based on the paragraph of the fifty eighth of Article 26, the Board of National Bank of the Republic of Belarus DECIDES: parts one of Article 32 and part one of article 39 of the Bank code of the Republic of Belarus

1. Bring in the Instruction about procedure for forming by banks and non-bank credit and financial organizations of the fund of required reserves placed in National Bank of the Republic of Belarus approved by the resolution of Board of National Bank of the Republic of Belarus of December 30, 2015 No. 781 (The national legal Internet portal of the Republic of Belarus, 20.02. 2016, 8/30659), following changes and amendments:

1.1. in Item 6:

in subitem 6.1:

the fifth to state the paragraph in the following edition:

"passive account balances on accounting of the means received as ensuring obligation fulfillment (account group 315 "The means received as ensuring obligation fulfillment"), join without passive remaining balance of separate personal accounts of the specified account group:";

after the paragraph of the fifth to add the subitem with paragraphs of the following content:

"on accounting of the amounts of currency coverings provided by clients according to bank guarantees within active remaining balance of the corresponding separate personal accounts of the balance sheet account 1516 "The Means Provided to Nonresident Banks as Ensuring Obligation Fulfillment" on accounting of the amounts of the currency coverings according to bank guarantees translated by bank for benefit of the banks issuing or confirming bank guarantees according to its order;

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