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It is registered

Ministry of Justice

Kyrgyz Republic

On October 4, 2007 No. 88-07

RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of August 22, 2007 No. 38/11

About the Instruction about procedure for carrying out payments in System of package clearing of small retail and regular payments in the Kyrgyz Republic

(as amended on 24-11-2021)

Due to the input in commercial operation of System of package clearing of small retail and regular payments in the Kyrgyz Republic (further joint project company) within implementation of the State program of actions for 2003-2008 for implementation of system of cashless payments, Board of National Bank of the Kyrgyz Republic, having considered "The instruction provided by Management of bank calculations about procedure for carrying out payments in System of package clearing of small retail and regular payments in the Kyrgyz Republic", decides:

1. Approve "The instruction about procedure for carrying out payments in System of package clearing of small retail and regular payments in the Kyrgyz Republic" it (is applied).

2. To management of bank calculations together with Legal department in accordance with the established procedure to make state registration of this resolution in the Ministry of Justice of the Kyrgyz Republic.

3. This resolution becomes effective after state registration in the Ministry of Justice of the Kyrgyz Republic and the subsequent official publication.

4. After official publication of this resolution to Legal department to inform the Ministry of Justice of the Kyrgyz Republic on publication source (the name of the edition, its number and date).

5. To management of bank calculations to bring this resolution to the attention of commercial banks, JSC Settlement and Savings Company, regional managements and representative office of National Bank of the Kyrgyz Republic in Batken Province.

6. To impose control of execution of this resolution on the Board member of National Bank of the Kyrgyz Republic Imankulova Ch. K.

 

Chairman M. Alapayev

 

Approved by the Resolution of Board of National Bank of the Kyrgyz Republic of August 22, 2007 No. 38/11

The instruction about procedure for carrying out payments in System of package clearing of small retail and regular payments in the Kyrgyz Republic

1. General provisions

1.1. Ceased to be valid according to the Resolution of Board of National Bank of the Kyrgyz Republic of 14.06.2017 No. 2017-P-19/24-8-(NPA)

1.2. This Instruction establishes rules, procedure for preparation, transfer and processing of payment documents, and also relations between participants when carrying out payments on System of package clearing of small retail and regular payments in the Kyrgyz Republic (further - system).

1.3. Appointment, the purpose, the tasks, basic provisions regulating functioning of system are established in the Provision "About System of Package Clearing of Small Retail and Regular Payments in the Kyrgyz Republic" approved by the resolution of Board of National Bank of the Kyrgyz Republic of December 15, 2005 No. 37/8 and registered in the Ministry of Justice of the Kyrgyz Republic of January 18, 2006 No. 8-06 (further - Regulations on joint project company).

1.4. The principles and risk management methods in system are given in Policy on risk management in payment system of the Kyrgyz Republic approved by the resolution of Board of National Bank of the Kyrgyz Republic No. of June 15, 2016 No. 25/8, and in Regulations on joint project company. The system allows to exercise control and minimization of the risks connected with payments, by establishment of limits of debit net line items (reserve and settlement limit).

1.5. Formats of electronic payment documents and messages systems are installed in "Rules of filling of formats of electronic payment documents and messages of System of package clearing of the small retail and regular payments in the Kyrgyz Republic" approved by the resolution of Board of National Bank of the Kyrgyz Republic of March 2, 2006 No. 5/10 and registered in the Ministry of Justice of the Kyrgyz Republic of March 23, 2006 No. 25-06 (further - Rules of filling of formats).

1.6. The procedure for carrying out payments in the form of direct debiting in system is given in "Rules of carrying out payments in the form of direct debiting in System of package clearing" (further Governed), approved by the resolution of Board of National Bank of the Kyrgyz Republic of July 30, 2008 No. 30/6, registered in the Ministry of Justice of the Kyrgyz Republic on September 12, 2008, registration number 104-08.

1.7. The functions of clearing center (further - KTs) determined by this instruction are carried out by National Bank of the Kyrgyz Republic (further - National Bank).

2. Terms and determinations

2.1. The terms and determinations used in this Instruction correspond to terms and the definitions given in the Provision "About Clearing Settlements in the Kyrgyz Republic" approved by the order of the Government of the Kyrgyz Republic and National Bank of the Kyrgyz Republic No. 420/21/4 of 09.09.2005 (daleepolozheniye about clearing settlements) and Regulations on joint project company.

2.2. In addition in this Instruction the following terms and determinations are used:

The automated workplaces of KTs (further - KTs automated workplace) the hardware and software intended for accomplishment of tasks of administration, monitoring of system and management of access rights of participants of system of the representative (registered and having certain access rights in system) personnel of clearing center.

Paragraph third ceased to be valid.

The paragraph the fourth ceased to be valid according to the Resolution of Board of National Bank of the Kyrgyz Republic of 24.11.2021 No. 2021-P-14/64-6-(PS)

Paragraph fifth ceased to be valid.

Paragraph of the sixth ceased to be valid.

Request in system - the information electronically created by the participant of system according to Rules of filling of formats and transferred to system for data acquisition about payments (about the status of the sent packets, packets, net line items, etc.).

Communication channel - the system of telecommunications intended for transfer of packets of EPD and messages between participants and their clients, participants and KTs between KTs and "grossovy settlement system in real time (further - GSRRV).

Paragraph ninth ceased to be valid.

Paragraph tenth ceased to be valid.

Paragraph eleventh ceased to be valid.

The answer of system - the information electronically created by system according to Rules of filling of formats and transferred to the participant in response to the requests and packets of EPD received from it.

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