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RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of September 14, 2021 No. 24/1

About approval "Procedure for making of cash transactions, storage and collection of cash and other values in credit institutions"

The board of the Central Bank of the Azerbaijan Republic according to article 22.0.17 of the Law of the Azerbaijan Republic "About the Central Bank of the Azerbaijan Republic" DECIDES:

1. Approve "Procedure for making of cash transactions, storages and collections of cash and other values in credit institutions" it (is applied).

2. Approved by part of 1 this Resolution "Procedure for Making of Cash Transactions, Storages and Collections of Cash and Other Values in Credit Institutions" becomes effective in month after its publication, and from this date of "The rule of making of cash transactions and the organization of collection of values in credit institutions of the Azerbaijan Republic", the Boards of the Central Bank of the Azerbaijan Republic approved by the resolution of April 10, 2002 (the protocol No. 7) and the certificates registered on state registration with issue of April 29, 2002 No. 2825 (the changes approved by the resolution of Board of the Central Bank of the Azerbaijan Republic of May 10, 2005 (the protocol No. 11) and registered on state registration with issue of the certificate of May 23, 2005 No. 3150; the changes approved by the resolution of Board of the Central Bank of the Azerbaijan Republic of July 18, 2006 (the protocol No. 21) and 2 resolutions of Board of the Central Bank of the Azerbaijan Republic registered on state registration with issue of the certificate of August 04, 2006 No. 3234) and part "About modification and amendments in some regulations of the Central Bank of the Azerbaijan Republic in connection with execution of the Order of the President of the Azerbaijan Republic "About ensuring execution of the Law of the Azerbaijan Republic "About implementation of denomination of the manat in the laws and other regulatory legal acts of the Azerbaijan Republic approved on December 23, 2005 and registered on state registration with issue of the certificate of December 30, 2005 No. 3211 (the protocol No. 38) are cancelled.

3. Charge to Legal department (R. Melikov) to provide in three-day time submission of this Resolution to the Ministry of Justice of the Azerbaijan Republic for entering into the State register of legal acts of the Azerbaijan Republic.

Approved by the Resolution of the Central bank of the Azerbaijan Republic of September 14, 2021, No. 24/1

Procedure for making of cash transactions, storages and collections of cash and other values in credit institutions

1. General provisions

1.1. This Procedure is developed according to the Laws of the Azerbaijan Republic "About the Central Bank of the Azerbaijan Republic" and "About banks" and determines rules of making of cash transactions, storages and collections of cash and other values (except for transactions of storage of values in safe boxes).

1.2. In case of absence in credit institution of positions with the names specified in this Procedure, the powers determined by this Procedure are performed by the workers performing these functions.

1.3. Taking into account requirements of this Procedure in each credit institution internal regulations of making of cash transactions, storages of cash and other values, and also the organizations of collection work are accepted.

1.4. When making cash transactions in credit institution requirements of the Law of the Azerbaijan Republic "About counteraction of legalization of the money received in the criminal way or other property and to terrorism financing" shall be observed.

2. Concepts

2.1. The concepts used in this Procedure designate the following:

2.1.1. evening cash desk - the cash desk making cash transactions in the working days after the termination of operational day, and in non-working days - within the set operating mode without opening of dengokhranilishch;

2.1.2. the automated bank information systems (ABIS) - the system of provision of the relevant information of financial, analytical and managerial nature on paper and (or) electronic media providing automation of accounting and operational processes in credit institution;

2.1.3. sheaf - packaging of paper bank notes from 10 (ten) packs (1000 sheets) of the same nominal value;

2.1.4. parcel post - paper tape for bandaging of roll of money;

2.1.5. pack - the paper money from 100 (hundred) sheets of one nominal value wrapped in parcel post;

2.1.6. other values - documentary securities, payment cards, forms of the strict reporting, precious metals, gemstones, jewelry, reserve keys from dengokhranilishch and payment terminals;

2.1.7. operational day - holding time of clients during the working day according to internal regulations of credit institution;

2.1.8. the operator - the employee of credit institution making transactions with clients within the powers, except for cash transactions;

2.1.9. the cash desk operator - the employee of credit institution making cash transactions along with other transactions on customer service within powers;

2.1.10. forming - set of processes of sheet or piece recalculation of paper and metal bank notes, sortings and their packagings face value, to quality parameters (money, suitable and unusable for the address);

2.1.11. cash documents of day - the documents processed during the day on the cash operations performed in credit institution;

2.1.12. day cash desk - cash desk in which cash transactions in operational day are made;

2.1.13. special packing unit - the packing unit providing safe storage and transportation of bank notes in cartridges of payment terminals, special containers and other packing units and also automatic reduction in worthlessness of bank notes special means (special paints, the chemical, gluing means, etc.) in attempts of illegal intervention;

2.1.14. collection - transportation of cash and other values from the location to the destination;

2.1.15. the collector - the employee of credit institution performing collection of cash and other values;

2.1.16. cash transactions - set of transactions by cash on acceptance, issue, storage of cash and other values, and also currency exchange and money transfers;

2.1.17. cash node - specially equipped place intended for making of cash transactions and complying technical requirements and safety requirements;

2.1.18. the treasurer - the leading person responsible for cash transactions as one of administrators of dengokhranilishch;

2.1.19. the cashier - the employee of credit institution making cash transactions with clients, and also participating in processes of collection of payment terminals;

2.1.20. cliche - the printing form established on the vacuum device reflecting the name of credit institution and (or) division of credit institution;

2.1.21. division of credit institution - head office, branch, department of credit institution;

2.1.22. packing unit - container, box, plastic bag, sack, the cartridge, envelope, etc. the closed means, intended for transportation and storage of cash and other values;

2.1.23. the payment terminal - the equipment allowing to make payment transaction by cash tools, including by means of cash, and confirming payment transaction of the payer, including ATMs and self-service terminals;

2.1.24. seal - the means of binding with number and (or) bar code intended for closing of rooms in which transactions with cash and other values, packing units and storage which reuse is impossible are made;

2.1.25. the cash check - the check consisting of the written order on receipt of cash from customer account in bank;

2.1.26. dengokhranilishche - the special room in credit institution intended for storage of cash and other values and not intended for customer service;

2.1.27. the administrator of dengokhranilishch - the employee of credit institution who is responsible for accounting of keys from dengokhranilishch, cash in dengokhranilishche and other values and making of transactions with them;

2.1.28. stamp - the printing form reflecting the name of credit institution and (or) division of credit institution, type of cash desk (day or evening), activity date.

2.2. Other concepts used in this Procedure have the values provided by regulatory legal acts and acts of normative nature of the Central Bank of the Azerbaijan Republic (further - the Central Bank).

3. Organization of cash work and accounting of cash transactions

3.1. In divisions of credit institution the cash node for making of cash transactions is created. The following rooms belong to cash node:

3.1.1. dengokhranilishche for storage of cash and other values (further in case of the use together - values);

3.1.2. forward room of dengokhranilishch;

3.1.3. the room of day (vespers) cash desk - the place allocated for making of cash transactions with clients;

3.1.4. the place for forming and recalculation of cash;

3.1.5. the place for calculation of the money received by the client.

3.2. In case of absence in cash node of the forward room of dengokhranilishch, provided by subitem 3.1.2 of this Procedure, acceptance removed from dengokhranilishch and brought in dengokhranilishche values is performed in the room of day cash desk.

3.3. In case of absence in cash node of the certain place provided by subitem 3.1.4 of this Procedure, forming and recalculation of cash is performed in the room of day (vespers) cash desk.

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