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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of May 24, 2022 No. 198

About identification of nonresidents on remote basis

Based on part one of article 39 of the Bank code of the Republic of Belarus, paragraph two of part two of article 16 of the Law of the Republic of Belarus of June 30, 2014 "About measures for prevention of legalization of income gained in the criminal way of financing of terrorist activities and financing of distribution of weapons of mass destruction" the Board of National Bank of the Republic of Belarus DECIDES: No. 165-Z

1. Determine that in case of carrying out identification, verification and updating (updating) of data on remote basis on the clients who are nonresidents - partners of legal entities - residents of the Republic of Belarus, their representatives (further - nonresidents), when opening by nonresidents of the current (settlement) bank accounts for implementation of payment under agreements in foreign trade with legal entities - residents of the Republic of Belarus in rules of internal control of banks and "Development Bank of the Republic of Belarus" open joint stock company determine procedure for such identification, verification and updating (updating) of data.

For identification of the director, the chief accountant, other authorized person of the nonresident (further - the client's representative) the ID web procedure which represents identification form on remote basis by means of establishment of video conference with the client's representative in the global computer Internet can be used. In the course of such identification the representative of the client needs to hold the identity document, in front of the webcam for confirmation of reliability of the data provided earlier when holding actions for identification of clients, representatives of the clients determined by part three of article 8 of the Law of the Republic of Belarus "About measures for prevention of legalization of income gained in the criminal way, financings of terrorist activities and financing of distribution of weapons of mass destruction" and comparisons of face of the representative of the client with the photo placed in the identity document.

The ID web procedure is applied:

after submission to banks, "Development Bank of the Republic of Belarus" open joint stock company of the agreement in foreign trade and other documents (their copies or images) and (or) the data accompanying its execution;

in case of absence at the time of opening of the current (settlement) bank account to the nonresident of signs of compliance of financial transaction to criteria of identification and signs of suspicious financial transactions, stipulated in Item 67 Instructions about requirements to rules of internal control in the sphere of prevention of legalization of income gained in the criminal way, financings of the terrorist activities and financing of distribution of weapons of mass destruction in case of banking operations approved by the resolution of Board of National Bank of the Republic of Belarus of December 24, 2014 No. 818.

2. This resolution becomes effective after its official publication and is effective till December 31, 2024.

Chairman of the board

P.V.Kallaur

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

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