of July 23, 2012 No. 377
About approval of the Instruction about procedure for attraction of money by National Bank in deposits
Based on the paragraph of the fourteenth of Article 26 and part one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES:
1. Approve the Instruction about procedure for attraction of money by National Bank in deposits it (is applied).
2. Recognize invalid:
the resolution of the Board of directors of National Bank of the Republic of Belarus of April 2, 2008 No. 95 "About entering of amendments and changes into the Instruction about procedure for attraction by National Bank of the Republic of Belarus for money of banks and non-bank credit and financial organizations in deposits" (The national register of legal acts of the Republic of Belarus, 2008, No. 97, 8/18627);
the resolution of Board of National Bank of the Republic of Belarus of May 20, 2010 No. 165 "About modification and amendments in the resolution of the Board of directors of National Bank of the Republic of Belarus of January 12, 2007 No. 10" (The national register of legal acts of the Republic of Belarus, 2010, No. 134, 8/22396).
3. This resolution becomes effective since February 1, 2013.
Chairman of the board
N. A. Ermakova
Approved by the Resolution of Board of National Bank of the Republic of Belarus of July 23, 2012 No. 377
1. This Instruction determines procedure for carrying out transactions by National Bank by attraction of money of banks and "Development Bank of the Republic of Belarus" open joint stock company (further – banks) in Belarusian rubles in deposits (further – deposit transactions).
2. The National Bank performs the following types of deposit transactions:
acceptance of deposits on fixed interest rate;
acceptance of deposits by results of deposit auctions.
3. Deposit operations are performed according to the procedure, established by this Instruction, the agreement on transactions of National Bank (further – the agreement), and based on the following documents (depending on type of deposit transaction):
in case of acceptance of deposits on fixed interest rate:
the letter of National Bank on conditions of acceptance of means of banks in deposits on fixed interest rate;
The MX message on money transfer in the deposit on fixed interest rate;
in case of acceptance of deposits by results of deposit auctions:
the conditions of holding deposit auctions published on the official site of National Bank on the global computer Internet (further – the official site);
the application for participation in deposit auction for form according to appendix 1 (further if other is not provided, – the request);
the protocol on satisfaction of the application for participation in deposit auction for form according to appendix 2 (further if other is not provided, – the protocol on satisfaction of the request);
The MX message pacs.009 on money transfer in the deposit by results of deposit auction.
In case of accession to the agreement regulations of Chapter 21 of the Bank code of the Republic of Belarus on the agreement of term bank deposit (deposit) taking into account the features established by this Instruction are applied.
4. According to the agreement according to the decision of collegiate organ of National Bank carrying out any kind of deposit transactions with any bank can be temporarily suspended.
5. Day of acceptance of money in the deposit is day of transfer of deposit amount into the account in National Bank specified in the list of personal accounts and accounts of "depot" of National Bank to the agreement depending on type of deposit transaction.
6. Day of return of the deposit day of transfer by National Bank of deposit amount and the percent added on it on the bank account specified in the list of personal accounts and accounts of "depot" of bank is considered. The National Bank performs return of the money accepted in the deposit, and interest payment on them till 12:00 in the afternoon return of the deposit.
7. Charge of deposit interests is performed based on the agreement on the interest rate corresponding to this deposit operating for date of acceptance of money in the deposit or established following the results of deposit auction.
8. The deposit placed in National Bank both on fixed interest rate and by results of deposit auction, is not subject to return before the deposit expiration.
Terms of return of the deposits placed in National Bank cannot be prolonged.
Account statements on accounting of term deposits of banks go to banks National Bank in electronic form through system of transfer of financial information (further – SPFI) next day after making of deposit transaction, and also as of January 1.
9. In case of untimely return to bank of the deposit and deposit interests the National Bank pays to bank penalty fee according to the agreement.
10. Time of carrying out deposit transactions is established by separate decisions of National Bank and is brought to the attention of banks along with other conditions of carrying out these transactions according to Item 11 and part five of Item 14 of this Instruction.
11. Acceptance of deposits on fixed interest rate is performed by National Bank for the term providing in quality of day of return to bank of the deposit and payment of the percent added on it the working day following behind day of acceptance of money in the deposit (the deposit overnight). Conditions of acceptance of deposits on fixed interest rate, including the size of interest rate, are established by National Bank and are led up to banks in the letter on conditions of acceptance of money of banks in deposits on fixed interest rate, and also are posted on the official site. This letter is sent banks no later than the termination of the working day preceding day of the introduction of the specified conditions in force.
12. Conditions of placement by bank of money in deposits on fixed interest rate are:
accession of bank to the agreement;
lack of the fact of suspension of acceptance of deposits on fixed interest rate according to item 4 of this Instruction;
compliance of details of MX messages on investment of funds in the deposit on fixed interest rate to the letter on conditions of acceptance of money of banks in deposits on fixed interest rate.
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