Document from CIS Legislation database © 2003-2022 SojuzPravoInform LLC

It is registered

Ministry of Justice

Kyrgyz Republic

On July 12, 2000 No. 135

RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of July 5, 2000 No. 26/2

About Regulations on registration of accounts and deposits of the residents of the Kyrgyz Republic opened in foreign banks

(as amended on 14-06-2017)

Having considered the project of the Regulations on registration of accounts and deposits of the residents of the Kyrgyz Republic opened in foreign banks the Board of National Bank decides:

1. Approve Regulations on registration of accounts and deposits of the residents of the Kyrgyz Republic opened in foreign banks it (is applied) and to enact it from the moment of passing of state registration in the Ministry of Justice of the Kyrgyz Republic.

2. To provide to the residents of the Kyrgyz Republic which had at the time of registration of this Provision in the Ministry of Justice of the Kyrgyz Republic of the account or deposits in foreign banks in National Bank of the Kyrgyz Republic data, according to Item 3.2 of this provision, and the report on remaining balance of means on accounts and deposits as of the end of every quarter, since the moment of their opening.

3. To impose control of execution of this resolution on the vice-chairman of National Bank of the Kyrgyz Republic Abdumanapov E. S.

Chairman of the board

Sarbanov U. K.

Approved by the Resolution of Board of National Bank of the Kyrgyz Republic of July 5, 2000 No. 26/2

Regulations on registration of accounts and deposits of the residents of the Kyrgyz Republic opened in foreign banks

This Provision establishes order of registration in National Bank of the Kyrgyz Republic of the accounts and deposits opened by residents of the Kyrgyz Republic in foreign banks and the procedure of the reporting under them.

1. General questions

For the purposes of this provision the following terms and concepts are used:

1.1. The paying balance of the Kyrgyz Republic is statistical reporting in which total data on the external economic transactions of the Kyrgyz Republic with other countries of the world for certain period of time are reflected.

1.2. Residents are:

- the physical persons who are constantly living in the Kyrgyz Republic, including temporarily being outside the Kyrgyz Republic less than one year. Foreign physical persons are residents of the Kyrgyz Republic if they live, or intend to live over one year in the Kyrgyz Republic, except employees of diplomatic and other representations of foreign states. The foreign physical persons who are constantly living in the Kyrgyz Republic become residents, after provision of the notification on immigration in relevant organs;

- the legal entities created according to the legislation of the Kyrgyz Republic with the location in the Kyrgyz Republic;

- branches and representations of foreign legal entities created according to the legislation of the Kyrgyz Republic with the location in the Kyrgyz Republic.

1.3. Nonresidents are the persons which are not residents including diplomatic and other representations of the foreign states and the international organizations which are in the Kyrgyz Republic.

1.4. Foreign bank - bank or other financial credit institution registered outside the Kyrgyz Republic and having the right to implementation of banking activity by the legislation of that country where it is registered.

1.5. The currency and metal accounts opened by residents in foreign banks which are subject to registration in National Bank of the Kyrgyz Republic hereinafter are referred to as as accounts.

1.6. Currency accounts are foreign bank accounts on which there is foreign currency of residents of the Kyrgyz Republic.

1.7. Metal accounts (including depersonalized) are foreign bank accounts on which there is gold and other precious metals of residents of the Kyrgyz Republic.

1.8. Contribution - the money deposited by residents in bank based on bank deposit agreement, on the terms of urgency, recoverability and the paid nature.

2. The purposes and tasks of registration of the accounts and deposits opened by residents of the Kyrgyz Republic in foreign banks

2.1. The purpose of registration by National Bank of the Kyrgyz Republic of the accounts and deposits opened by residents of the Kyrgyz Republic in foreign banks is enhancement of information base for creation of paying balance of the Kyrgyz Republic.

2.2. Task of registration of the accounts and deposits opened by residents of the Kyrgyz Republic in foreign banks is system accounting of remaining balance of means on the accounts and deposits opened in foreign banks and reflection of the changes which happened on these accounts and deposits for the accounting period in paying balance of the Kyrgyz Republic.

3. Registration of the accounts and deposits opened by residents of the Kyrgyz Republic in foreign banks

3.1. The residents of the Kyrgyz Republic opening accounts and deposits in foreign banks notify on it National Bank of the Kyrgyz Republic for the purpose of their further registration.

3.2. For registration in National Bank of the Kyrgyz Republic of the accounts and deposits opened in foreign banks by residents of the Kyrgyz Republic it is necessary to provide the notification to National Bank of the Kyrgyz Republic (Appendix 1), with indication of details of the resident of the Kyrgyz Republic opening the account or contribution, details of foreign bank in which it is opened the account or contribution, and the detailed information about the opened account or contribution. The notification can be directed by mail (registered mail) or is handed over in expedition of National Bank of the Kyrgyz Republic by the courier.

3.3. The National Bank of the Kyrgyz Republic registers the accounts and deposits opened in foreign banks by residents of the Kyrgyz Republic within 5 calendar days from the date of receipt of the notification, according to this Provision and, if necessary (on demand), in writing notifies the last on registration.

3.4. Registration of accounts and deposits of the residents of the Kyrgyz Republic opened in foreign banks is made by entering in the Book of registration of accounts and deposits of the residents of the Kyrgyz Republic opened in foreign banks (Appendix 2).

3.5. In case of closing with resident of the Kyrgyz Republic of the account or contribution which is earlier opened in foreign bank and registered by National Bank, the resident in writing notifies on it National Bank of the Kyrgyz Republic with indication of the reason of account termination or contribution no later than 10 days from the moment of its closing.

Warning!!!

This is not a full text of document! Document shown in Demo mode!

If you have active License, please Login, or get License for Full Access.

With Full access you can get: full text of document, original text of document in Russian, attachments (if exist) and see History and Statistics of your work.

Get License for Full Access Now

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

Effectively work with search system

Database include more 50000 documents. You can find needed documents using search system. For effective work you can mix any on documents parameters: country, documents type, date range, teams or tags.
More about search system

Get help

If you cannot find the required document, or you do not know where to begin, go to Help section.

In this section, we’ve tried to describe in detail the features and capabilities of the system, as well as the most effective techniques for working with the database.

You also may open the section Frequently asked questions. This section provides answers to questions set by users.

Search engine created by SojuzPravoInform LLC. UI/UX design by Intelliants.