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RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of August 24, 2012 No. 253

About approval of Rules of exchange of the banknotes and coins of national currency of the Republic of Kazakhstan withdrawn and withdrawn from circulation, and also the shabby and damaged banknotes and coins of national currency of the Republic of Kazakhstan

(as amended on 17-08-2020)

According to the Law of the Republic of Kazakhstan of March 30, 1995 "About National Bank of the Republic of Kazakhstan", for the purpose of establishment of procedure for exchange of the banknotes and coins of national currency of the Republic of Kazakhstan withdrawn and withdrawn from circulation, and also the shabby and damaged banknotes and coins of national currency of the Republic of Kazakhstan the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of exchange of the banknotes and coins of national currency of the Republic of Kazakhstan withdrawn and withdrawn from circulation, and also the shabby and damaged banknotes and coins of national currency of the Republic of Kazakhstan.

2. This resolution becomes effective after ten calendar days after day of its first official publication.

Chairman of National Bank

G. Marchenko

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of August 24, 2012 No. 253

Rules of exchange of the banknotes and coins of national currency of the Republic of Kazakhstan withdrawn and withdrawn from circulation, and also the shabby and damaged banknotes and coins of national currency of the Republic of Kazakhstan

Chapter 1. General provisions

1. These rules of exchange of the banknotes and coins of national currency of the Republic of Kazakhstan withdrawn and withdrawn from circulation, and also the shabby and damaged banknotes and coins of national currency of the Republic of Kazakhstan (further - Rules) are developed according to the Law of the Republic of Kazakhstan of March 30, 1995 "About National Bank of the Republic of Kazakhstan".

2. Rules determine procedure for exchange of the banknotes and coins of national currency of the Republic of Kazakhstan withdrawn and withdrawn from circulation, and also the shabby and damaged banknotes and coins of national currency of the Republic of Kazakhstan.

3. In Rules the following basic concepts are used:

1) the banknotes and coins withdrawn from circulation - banknotes and coins of national currency of the Republic of Kazakhstan of old sample which are legal means of payment and being in parallel circulation with banknotes and coins of new sample;

2) the banknotes and coins withdrawn from circulation - banknotes and coins of national currency of the Republic of Kazakhstan of old sample which stopped being legal means of payment;

3) banks - banks of the second level and the National operator of mail;

4) the shabby and damaged banknotes and coins - the shabby banknotes and the defective (damaged) coins of national currency of the Republic of Kazakhstan having the damages determined by the Rules of determination of solvency of banknotes and coins of national currency of the Republic of Kazakhstan approved by the resolution of Board of National Bank of the Republic of Kazakhstan of November 29, 2017 No. 230 "About approval of Rules of determination of solvency of banknotes and coins of national currency of the Republic of Kazakhstan" it is registered in the Register of state registration of regulatory legal acts at No. 16120;

5) branches of National Bank - territorial branches of National Bank of the Republic of Kazakhstan (further - National Bank) and the Center of cash transactions and storage of values (branch) of National Bank.

Chapter 2. Exchange of the banknotes and coins withdrawn and withdrawn from circulation

4. The banknotes and coins withdrawn from circulation, in the period of the parallel address with banknotes and coins of new sample, established by the resolution of Board of National Bank, are legal means of payment, without restrictions are accepted in all territory of the Republic of Kazakhstan on all payment types, are enlisted on bank accounts, exchange in all banks and branches of National Bank.

5. The banknotes and coins withdrawn from circulation exchange banks and branches of National Bank on the banknotes and coins which are legal means of payment, during the period of time and according to the procedure, is registered by the established Rules of replacement of the bank notes of national currency of the Republic of Kazakhstan which are in circulation in case of change of their design (form) approved by the resolution of Board of National Bank of the Republic of Kazakhstan of December 19, 2015 No. 228 "About approval of Rules of replacement of the bank notes of national currency of the Republic of Kazakhstan which are in circulation in case of change of their design (form)" in the Register of state registration of regulatory legal acts at No. 12946.

Chapter 3. Exchange of the shabby and damaged banknotes and coins

6. The shabby and damaged banknotes and coins are legal means of payment.

7. The shabby and damaged banknotes and coins exchange in all banks and in branches of National Bank at nominal cost without any limit.

8. The shabby and damaged banknotes which arrived in banks and coins are sorted, not released and transferred to branches of National Bank according to the procedure, established by Rules of implementation of cash transactions and transactions on collection of banknotes, coins and values in banks of the second level, the National operator of mail and legal entities whose exclusive activities is collection of banknotes, coins and values, approved by the resolution of Board of National Bank of the Republic of Kazakhstan of November 29, 2019 No. 231, registered in the Register of state registration of regulatory legal acts at No. 19680.

9. In case of availability of doubts in authenticity of the shabby and damaged banknotes and coins, they are given in bank for authenticity determination. The bank directs them to examination in branch of National Bank for authenticity establishment.

The branch of National Bank carries out expertize and exchange of the shabby and damaged banknotes and coins according to Rules of conducting cash transactions with the physical persons and legal entities in National Bank of the Republic of Kazakhstan approved by the resolution of Board of National Bank of the Republic of Kazakhstan of December 24, 2014 No. 247 "About approval of Rules of conducting cash transactions with physical persons and legal entities in National Bank of the Republic of Kazakhstan" (registered in the Register of state registration of regulatory legal acts at No. 10204).


 

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