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The document ceased to be valid since  December 15, 2017 according to Item 1 of the Resolution of Board of the Central bank of the Republic of Uzbekistan of  December 2, 2017 No. 33/4

Are registered

Ministry of Justice

Republic of Uzbekistan

On August 17, 2000 No. 957

Approved by Board of the Central bank of the Republic of Uzbekistan on July 5, 2000 No. 474

Rules of making of transactions with cash foreign currency

(as amended on 09-08-2014)

These rules are developed according to the laws of the Republic of Uzbekistan "About currency control", "About the Central bank of the Republic of Uzbekistan" and "About banks and banking activity" and determine procedure for making and accounting by the Central bank of the Republic of Uzbekistan and authorized banks of transactions with cash foreign currency and payment documents in foreign currency.

In these rules the following concepts are used:

The Ledger (L) is group of balance sheet accounts which usually are shown in bank financial statements. Balance sheet accounts of the Ledger are the generalizing accounts as they generalize the detailed information containing in Subsidiary ledgers. The ledger opens on currency types in which accounting of banking activities according to balance sheet accounts is performed.

The subsidiary ledger (personal accounts) are the account group providing with more detailed information in support of balance sheet accounts of the corresponding Ledgers.

I. General provisions

The operating system of financial accounting in banks of the Republic of Uzbekistan is based on multi-currency system. In case of multi-currency system of financial accounting the bank keeps the separate Ledger on each separate currency (bags, US dollars, euro, the English pounds sterling, etc.). For accounting of transactions the bank keeps so many Ledgers how many currency types are available in turnover of its activities. In each Ledger the necessary number of balance sheet accounts is opened.

For accounting of transactions with cash foreign currency and payment documents in foreign currency the following balance sheet accounts are generally used:

- 10101 "Cash of turnover cash desk";

- 10103 "Cash in exchange points"

- 10105 "Checks and other payment documents";

- 10109 "Money in transit";

- 17101 "Accounts of purchase and sale of currency on conditions spot".

1. Accounting of the cash foreign currency which is in cash desk of bank is conducted on the active balance sheet account 10101-"Cash of Turnover Cash Desk".

On this balance sheet account the total amount of cash in the form of the banknotes and coins which are in operational cash desks of bank departments including the sorted and not sorted cash of receipt and account cash desks is considered.

On the debit of the account the amount of cash receipts is carried out and on the credit issue of cash is carried out.

2. 10103 "Cash in exchange points"

On this balance sheet account in the Ledger on the corresponding currency the total amount of the cash which is in cash desks of the exchange points belonging to this bank is considered. At the end of the day this account is closed into account 10101 "Cash in turnover cash desks". At the same time availability of account balance 10103 "Cash in exchange points", except the exchange points functioning round the clock and on the weekend, and also the exchange points which are handing over remaining balance of the amounts of evening cash desks is not allowed.

On the debit of the account receipt of cash liquidity and the cash received by cashiers on receipt battles.

On the credit issue of cash liquidity, and also closing of remaining balance into account 10101 "Cash in turnover cash desks" is reflected.

Analytics are kept on separate personal accounts on each exchange point.

3. 10105-"Checks and other payment documents"

On this balance sheet account in the Ledger on the corresponding currency the total amount of the travel checks and other payment documents accepted by bank according to the existing rules is considered.

On the debit of the account the amount of the arrived checks and other payment documents is carried out.

On the credit of the account the amount of the paid checks and other payment documents is carried out.

Analytics according to this balance sheet account in Ledgers on the corresponding currency are performed in separate subsidiary ledgers (personal accounts) by types of checks and other payment documents. In these books the amount of cost of checks or other payment documents face value is specified.

Remaining balance of cash foreign currency and payment documents in foreign currency on personal accounts are daily verified with the remaining balance removed in books of the storage room of bank.

Personal accounts are grouped in types:

- cash foreign currency in cash desk;

- advance payments in foreign currency in exchange points;

- other advance payments in foreign currency.

The cash foreign currency used as samples, and also checks is considered on the account of contingencies 93609-"Values stored".

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