PROVISION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of December 1, 2015 No. 507-P

About required reserves of credit institutions

This Provision according to the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" (The Russian Federation Code, 2002, No. 28, Art. 2790; 2003, No. 2, Art. 157; No. 52, Art. 5032; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 25, Art. 2426; No. 30, Art. 3101; 2006, No. 19, Art. 2061; No. 25, Art. 2648; 2007, No. 1, Art. 9, Art. 10; No. 10, Art. 1151; No. 18, Art. 2117; 2008, No. 42, Art. 4696, Art. 4699; No. 44, Art. 4982; No. 52, Art. 6229, Art. 6231; 2009, No. 1, Art. 25; No. 29, Art. 3629; No. 48, Art. 5731; 2010, No. 45, Art. 5756; 2011, No. 7, Art. 907; No. 27, Art. 3873; No. 43, Art. 5973; No. 48, Art. 6728; 2012, No. 50, Art. 6954; No. 53, Art. 7591, Art. 7607; 2013, No. 11, Art. 1076; No. 14, Art. 1649; No. 19, Art. 2329; No. 27, Art. 3438, Art. 3476, Art. 3477; No. 30, Art. 4084; No. 49, Art. 6336; No. 51, Art. 6695, Art. 6699; No. 52, Art. 6975; 2014, No. 19, Art. 2311, Art. 2317; No. 27, Art. 3634; No. 30, Art. 4219; No. 40, Art. 5318; No. 45, Art. 6154; No. 52, Art. 7543; 2015, No. 1, Art. 4, Art. 37; No. 27, Art. 3958, Art. 4001; No. 29, Art. 4348; No. 41, the Art. 5639), article 25 of the Federal law "About Banks and Banking Activity" (in edition of the Federal Law of February 3, 1996 No. 17-FZ) (Sheets of the Congress of People's Deputies of RSFSR and the Supreme Council of RSFSR, 1990, No. 27, Art. 357; Russian Federation Code, 1996, No. 6, Art. 492; 1998, No. 31, Art. 3829; 1999, No. 28, Art. 3459, Art. 3469; 2001, No. 26, Art. 2586; No. 33, Art. 3424; 2002, No. 12, Art. 1093; 2003, No. 27, Art. 2700; No. 50, Art. 4855; No. 52, Art. 5033, Art. 5037; 2004, No. 27, Art. 2711; No. 31, Art. 3233; 2005, No. 1, Art. 18, Art. 45; No. 30, Art. 3117; 2006, No. 6, Art. 636; No. 19, Art. 2061; No. 31, Art. 3439; No. 52, Art. 5497; 2007, No. 1, Art. 9; No. 22, Art. 2563; No. 31, Art. 4011; No. 41, Art. 4845; No. 45, Art. 5425; No. 50, Art. 6238; 2008, No. 10, Art. 895; 2009, No. 1, Art. 23; No. 9, Art. 1043; No. 18, Art. 2153; No. 23, Art. 2776; No. 30, Art. 3739; No. 48, Art. 5731; No. 52, Art. 6428; 2010, No. 8, Art. 775; No. 27, Art. 3432; No. 30, Art. 4012; No. 31, Art. 4193; No. 47, Art. 6028; 2011, No. 7, Art. 905; No. 27, Art. 3873, Art. 3880; No. 29, Art. 4291; No. 48, Art. 6728, Art. 6730; No. 49, Art. 7069; No. 50, Art. 7351; 2012, No. 27, Art. 3588; No. 31, Art. 4333; No. 50, Art. 6954; No. 53, Art. 7605, Art. 7607; 2013, No. 11, Art. 1076; No. 19, Art. 2317, Art. 2329; No. 26, Art. 3207; No. 27, Art. 3438, Art. 3477; No. 30, Art. 4084; No. 40, Art. 5036; No. 49, Art. 6336; No. 51, Art. 6683, Art. 6699; 2014, No. 6, Art. 563; No. 19, Art. 2311; No. 26, Art. 3379, Art. 3395; No. 30, Art. 4219; No. 40, Art. 5317, Art. 5320; No. 45, Art. 6144, Art. 6154; No. 49, Art. 6912; No. 52, Art. 7543; 2015, No. 1, Art. 37; No. 17, Art. 2473; No. 27, Art. 3947, Art. 3950; No. 29, the Art. 4355, the Art. 4385) and the solution of the Board of directors of the Bank of Russia (the minutes of the Board of directors of the Bank of Russia of November 27, 2015 No. 35) establish procedure for accomplishment by credit institutions of mandatory reserve requirements, including procedure for deposition of required reserves in the Bank of Russia.

Chapter 1. General provisions

1.1. Mandatory reserve requirements - standard rates of required reserves, coefficient of averaging of required reserves (further - averaging coefficient) which size is established by the Board of directors of the Bank of Russia, are published in "the Bulletin of the Bank of Russia" and posted on the official site of the Bank of Russia on the Internet (further - the website of the Bank of Russia).

Norms of required reserves are determined the size of required reserves as a percentage of obligations of credit institution.

Obligations of credit institution for the purpose of this provision are understood as obligations of credit institution in currency of the Russian Federation and in foreign currency which structure and categories are determined in Chapter 2 this provision (further - reserve obligations).

Standard rates of required reserves are established on categories of reserve obligations.

The coefficient of averaging represents numerical multiplier which value is in the range from 0 to 1, and is applied to calculation of average size of required reserves.

1.2. The obligation of credit institution on accomplishment of mandatory reserve requirements arises from the date of receipt of the license of the Bank of Russia for banking operations and stops with response (cancellation) at credit institution of the license of the Bank of Russia for banking operations.

1.3. The credit institution performs deposition of required reserves in the Bank of Russia money in currency of the Russian Federation:

by their transfer into account for storage of required reserves, opened in the Bank of Russia irrespective of currency type of reserve obligations (further - the account on accounting of required reserves), via bank transfer;

by accomplishment of obligation on averaging of required reserves, that is maintenance of average size of required reserves on correspondent account and correspondent sub-account (correspondent sub-accounts) opened in the Bank of Russia in currency of the Russian Federation (further in case of joint mentioning - correspondent accounts).

1.4. The amount of required reserves which is subject to deposition in the Bank of Russia is calculated by application of standard rates of required reserves to the average arithmetic size of reserve obligations for the accounting period and exceptions of size of cash in currency of the Russian Federation in cash desk of the credit institution determined according to the procedure, established by Chapter 3 this provision (further - the normative size of required reserves).

The accounting period for the purpose of this provision is understood as calendar month, when carrying out extraordinary regulation of the size of required reserves - the period established by the Bank of Russia or the period established according to Item 8.4 of this provision.

1.5. The amount of required reserves which is subject to deposition in the Bank of Russia by accomplishment of obligation by credit institution on averaging of required reserves during the period of averaging of required reserves (further - the averaging period) according to the procedure provided by Chapter 5 of this provision is calculated using averaging coefficient to the normative size of required reserves (further - the average size of required reserves).

The schedule of the periods of averaging for calendar year is established by the Board of directors of the Bank of Russia, published in "the Bulletin of the Bank of Russia" and posted on the website of the Bank of Russia.

1.6. The amount of required reserves which is subject to deposition on the account on accounting of required reserves is calculated as difference between the normative and average sizes of required reserves (further - the settlement size of required reserves).

1.7. Regulation of the size of the required reserves which are subject to deposition by credit institutions in the Bank of Russia (further - regulation of the size of required reserves), is performed by the Bank of Russia monthly in the place of servicing of head office of credit institution according to the procedure, provided by Chapter 4 this provision.

Regulation of the size of required reserves is carried out for the purpose of ensuring compliance of the size of the required reserves which are actually deposited by credit institution on the account on accounting of required reserves, settlement size of required reserves. When carrying out regulation of the size of required reserves recalculation on required reserves for the accounting period and by results of checks of accomplishment by credit institutions of mandatory reserve requirements is performed (further - checks), and also control of accomplishment by credit institution of obligation on averaging of required reserves is exercised.

For the purpose of this provision the authorized institution of the Bank of Russia is understood as the division of the Bank of Russia performing one or several of the following functions:

regulation of the size of required reserves;

control over the implementation of mandatory reserve requirements by credit institutions, including when conducting checks;

application of measures to credit institutions for violation of established procedure of accomplishment of mandatory reserve requirements.

Information on authorized institution of the Bank of Russia is published on the website of the Bank of Russia.

1.8. Based on the relevant decision of the Board of directors of the Bank of Russia or on the bases specified in Item 8.4 of this provision, extraordinary regulation of the size of required reserves can be carried out by authorized institution of the Bank of Russia.

In case of carrying out extraordinary regulation of the size of required reserves the Board of directors of the Bank of Russia establishes the period of its carrying out, including date (period) of representation by credit institutions of Calculation of the size of the required reserves which are subject to deposition in the Bank of Russia (further - Calculation), constituted according to appendix 1 to this Provision, date since which the standard rate of required reserves and (or) coefficient of averaging, the accounting period, the averaging period are established.

1.9. On the amount of required reserves percent are not charged.

1.10. Money transfer in required reserves for transfer into the account on accounting of required reserves and return of funds of required reserves from the specified account on the correspondent account opened in the Bank of Russia in currency of the Russian Federation No. 29387, on May 19, 2014 No. 32323, on June 11, 2015 No. 37649, on January 27, 2016 No. 40831, on July 31, 2017 No. 47578, on December 24, 2018 No. 53109, and Provisions of the Bank of Russia of July 6, 2017 No. 595-P "About payment system of the Bank of Russia", No. registered by the Ministry of Justice of the Russian Federation on October 6, 2017 48458, on December 5, 2018 No. 52892, on August 15, 2019 No. 55630 are performed according to requirements of the Provision of the Bank of Russia of June 19, 2012 No. 383-P "About rules of implementation of money transfer", No. registered by the Ministry of Justice of the Russian Federation on June 22, 2012 24667, on August 14, 2013.

1.11. Use of required reserves is performed in accordance with the legislation of the Russian Federation, regulations of the Bank of Russia, including this Provision.

1.12. Calculation and the documents submitted by credit institution complete with it according to the procedure, established by Chapter 3 this provision, and also the documents constituted by authorized institution of the Bank of Russia when carrying out regulation of the size of required reserves according to the procedure established by Chapter 4 this provision go to the division of the Bank of Russia performing collection and processing of the reporting represented by credit institutions to the Bank of Russia, credit institution, respectively, on papers and (or) in the form of the electronic messages including supplied with authentication code (digital signature).

The specified documents directed in the form of the electronic messages which are not supplied with authentication code (digital signature) are subject to redispatching (representation) on paper.

Possibility of the direction the Bank of Russia of credit institution of the documents constituted when carrying out regulation of the size of required reserves, in the form of the electronic messages supplied with authentication code (digital signature), and confirmation by credit institution of receipt of the specified documents shall be provided by the contract between credit institution and the Bank of Russia.

Chapter 2. Structure and categories of reserve obligations

2.1. Reserve obligations passive remaining balance of the following balance sheet accounts established by the Provision of the Bank of Russia of February 27, 2017 No. 579-P "About the Chart of accounts of financial accounting for credit institutions and procedure for its application", the registered Ministry of Justice of the Russian Federation on March 20, 2017 No. 46021, on July 20, 2017 No. 47474, on December 12, 2017 No. 49220, on March 12, 2018 No. 50299, on December 3, 2018 No. 52845, on January 16, 2019 No. 53372, on March 26, 2019 No. 54165 is included (further - the Provision of the Bank of Russia No. 579-P):

No. 30109, 30111, 30122, 30123, 30219, 30220, 30222, 30223, 30230, 30231, 30232, 30236, 30411, 30412, 30414, 30415, 30420, 30421, 30422, 30423, 30601, 30603, 30604, 30606, 313, 314, 315, 316, 31702, 31703, 31802, 31803, 40101, 40105, 40106, 40108, 40110, 40116, 402, 40301, 40302, 40306, 40307, 40312, 404, 405, 406, 407, 408, 40901, 40902, 40903, 40905, 40907, 40909, 40910, 40911, 40912, 40913, 40914, 40915, 410, 411, 412, 413, 414, 415, 416, 417, 418, 419, 420, 421, 422, 423, 425, 426, 427, 428, 429, 430, 431, 432, 433, 434, 435, 436, 437, 438, 439, 440, 47401, 47403, 47405, 47407, 47411, 47412, 47416, 47418, 47422, 47426, 476, 520, 521, 522, 523, 524, 52501, 60322.

2.2. Reserve obligations are grouped in the following categories.

2.2.1. Obligations of credit institution to legal entities - nonresidents (including obligations to nonresident banks), and also obligations to individual entrepreneurs - nonresidents in currency of the Russian Federation and (or) in foreign currency, arising according to agreements of the bank (correspondent) account, contracts for attraction of money (further - obligations to legal entities - nonresidents).

2.2.2. Obligations of credit institution to physical persons (residents and nonresidents) in currency of the Russian Federation and (or) in foreign currency, arising according to bank deposit agreements (including certified by savings certificates), the bank account (further - obligations to physical persons).

2.2.3. Obligations of credit institution in currency of the Russian Federation and (or) in foreign currency, not belonging to the categories of obligations established by subitems 2.2.1 and 2.2.2 of this Item (further - other obligations).

2.2.4. As a part of the categories determined by subitems 2.2.1 and 2.2.3 of this Item long-term obligations to which obligations with attraction term at least three years considered on balance sheet accounts on accounting of the credits, deposits, the other raised funds of legal entities and individual entrepreneurs (residents and nonresidents) belong, on balance sheet accounts on accounting placed by credit institution - bond issuing institution with repayment period are allocated at least three years in separate subcategories.

2.3. For the purpose of this provision the structure of obligations to legal entities - nonresidents joins remaining balance of balance sheet accounts and (or) separate personal accounts of balance sheet accounts No. 30111, of 30122, of 30123, of 30230, of 30231, of 30412, of 314, of 316, of 31703, of 31803, of 40804, of 40805, of 40806, of 40807, of 40809, of 40812, of 40814, of 40815, of 40818, of 425, of 440, of 47426, of 47602, 47607 taking into account the following.

2.3.1. The balance sheet account No. 47426 is included obligations to legal entities - nonresidents regarding remaining balance of separate personal accounts on accounting of the percent added and which are subject to payment on the raised funds of legal entities - nonresidents by designation code 474261, and in the rest - in structure of other obligations by designation code 474262, specified in appendix 2 to this Provision.

2.3.2. Balance sheet accounts No. 40806, of 40809, of 40812, of 40814, of 40815, 40818 are included obligations to legal entities - nonresidents regarding remaining balance of separate personal accounts on accounting of obligations to legal entities - nonresidents by designation codes 408061, of 408091, of 408121, of 408141, of 408151, of 408181, specified in appendix 2 to this Provision.

2.3.3. Balance sheet accounts No. 31408, of 31608, of 42506, 44006 join:

in structure of obligations to legal entities - nonresidents (except for long-term) regarding remaining balance of separate personal accounts on accounting of obligations to legal entities - nonresidents with attraction term from one to three years (except obligations with attraction term three years) by designation codes 314081, 316081, 425061, 440061, specified in appendix 2 to this Provision;

in structure of long-term obligations before legal entities - nonresidents regarding remaining balance of separate personal accounts on accounting of obligations to legal entities - nonresidents with attraction term three years by designation codes 314082, 316082, 425062, 440062, specified in appendix 2 to this Provision.

2.4. For the purpose of this provision of obligations to physical persons remaining balance of balance sheet accounts and (or) separate personal accounts of balance sheet accounts No. 40803, of 40806, of 40809, of 40812, of 40813, of 40814, of 40815, of 40817, of 40818, of 40819, of 40820, of 40823, of 40824, of 40826, of 40903, of 40914, of 423, of 426, of 47411, of 47603, of 47605, of 47608, of 47609, of 522, of 52404, of 52405, 52501 taking into account the following are included.

2.4.1. Balance sheet accounts No. 40806, of 40809, of 40812, of 40814, of 40815, 40818 are included obligations to physical persons regarding remaining balance of separate personal accounts on accounting of obligations to physical persons - nonresidents by designation codes 408062, of 408092, of 408122, of 408142, of 408152, of 408182, specified in appendix 2 to this Provision.

2.4.2. Balance sheet accounts No. 40819, of 52405, 52501 are included obligations to physical persons regarding remaining balance of separate personal accounts: on accounting of obligations to physical persons - residents by designation code 408191, on accounting of the percent certified by savings certificates by designation codes 524051, 525011. In the rest the specified balance sheet accounts are included other obligations by designation codes 408192, of 524052, of 525012, specified in appendix 2 to this Provision.

2.4-1. Balance sheet accounts No. 41006, of 41106, of 41206, of 41306, of 41406, of 41506, of 41606, of 41706, of 41806, of 41906, of 42006, of 42106, of 42113, of 42206, of 42706, of 42806, of 42906, of 43006, of 43106, of 43206, of 43306, of 43406, of 43506, of 43606, of 43706, of 43806, of 43906, 52005 join:

in structure of other obligations (except for long-term) regarding remaining balance of separate personal accounts on accounting of other obligations with attraction term from one to three years (except obligations with attraction term three years) by designation codes 410061, 411061, 412061, 413061, 414061, 415061, 416061, 417061, 418061, 419061, 420061, 421061, 421131, 422061, 427061, 428061, 429061, 430061, 431061, 432061, 433061, 434061, 435061, 436061, 437061, 438061, 439061, 520051, specified in appendix 2 to this Provision;

in structure of long-term other obligations regarding remaining balance of separate personal accounts on accounting of other obligations with attraction term three years by designation codes 410062, 411062, 412062, 413062, 414062, 415062, 416062, 417062, 418062, 419062, 420062, 421062, 421132, 422062, 427062, 428062, 429062, 430062, 431062, 432062, 433062, 434062, 435062, 436062, 437062, 438062, 439062, 520052, specified in appendix 2 to this Provision.

2.5. Remaining balance of the balance sheet accounts specified in Item 2.1 of this provision is included reserve obligations taking into account the following.

2.5.1. The amount of remaining balance of balance sheet accounts No. 30420, 30421 is included reserve obligations minus the amount of remaining balance of balance sheet accounts No. 30416, 30417 by designation 304211 code.

The amount of remaining balance of balance sheet accounts No. 30422, 30423 is included reserve obligations minus the amount of remaining balance of balance sheet accounts No. 30418, 30419 by designation 304231 code.

Reduction of the amounts of remaining balance of balance sheet accounts No. 30420, 30421 and 30422, 30423 at size of the amounts of remaining balance of balance sheet accounts No. 30416, 30417 and 3041 8, 3041 9, respectively, is performed within the amounts of remaining balance of balance sheet accounts No. 30420, 30421 and 30422, of 30423, respectively.

2.5.2. Remaining balance of balance sheet accounts No. 40108, of 40110, 40306 is included reserve obligations minus remaining balance of balance sheet accounts No. 40109, of 40111, of 40308, respectively, by the designation codes 401081, 401101, 403061, respectively specified in appendix 2 to this Provision.

Reduction of remaining balance of balance sheet accounts No. 40108, of 40110, 40306 at size of remaining balance of balance sheet accounts No. 40109, of 40111, of 40308, respectively, is performed within remaining balance of balance sheet accounts No. 40108, of 40110, of 40306, respectively.

2.5.3. The remaining balance of separate personal account on accounting of compensations on deposits of the population allocated with the Ministry of Finance of the Russian Federation, by designation code 403121, specified in appendix 2 to this Provision is excluded from remaining balance of the balance sheet account No. 40312.

2.5.4. The obligations according to letters of credit considered on balance sheet accounts No. 40901, of 40902, decrease by the amount of remaining balance of separate personal accounts of the specified balance sheet accounts on accounting of the met (deposited) letters of credit in the amount of the money transferred to the performing bank as covering, within the amount of remaining balance of separate personal accounts of balance sheet accounts No. 47431, 47410 by designation code 409011, specified in appendix 2 to this Provision.

2.5.5. From remaining balance of balance sheet accounts No. 31309 (by designation code 313091, specified in appendix 2 to this Provision), 31409, 31509 (by designation code 315091, specified in appendix 2 to this Provision), 31609, 41007, 41107, 41207, 41307, 41407, 41507, 41607, 41707, 41807, 41907, 42007, 42107, 42114, 42207, 42507, 42707, 42807, 42907, 43007, 43107, 43207, 43307, 43407, 43507, 43607, 43707, 43807, 43907, 44007, 52006 remaining balance of separate personal accounts of the specified balance sheet accounts on accounting of the subordinated credits (the deposits, loans, bonded loans) meeting the conditions established by subitem 2.3.3 or 2.3.4 of Item 2, subitem 3.1.8.1 or 3.1.8.2 of Item 3 of the Provision of the Bank of Russia of July 4, 2018 No. 646-P "About technique of determination of own means (capital) of credit institutions ("Basel III")" are excluded, No. registered by the Ministry of Justice of the Russian Federation on September 10, 2018 52122, on December 19, 2018 No. 53064 by designation codes 314440, 411520, specified in appendix 3 to this Provision.

2.5.6. Ceased to be valid according to the Instruction of the Central bank of the Russian Federation of 25.12.2018 No. 5036-U

2.5.6.1. Ceased to be valid according to the Instruction of the Central bank of the Russian Federation of 25.12.2018 No. 5036-U

2.5.7. The amount of obligations of credit institution according to issued debt securities is included reserve obligations minus the amount of obligations of the credit institution calculated by way of application by credit institution of corrective coefficient to the amount of obligations of credit institution for issued debt securities, by designation codes 520524, of 520056, specified in appendix 4 to this Provision.

The corrective coefficient for the purpose of this provision is understood as numerical multiplier which value is in the range from 0 to 1, established by the Board of directors of the Bank of Russia for the purpose of determination of the amount of obligations of credit institution to other credit institutions - residents according to issued debt securities, the reserve obligations which are subject to exception of structure. Information on the size of corrective coefficient is published in "the Bulletin of the Bank of Russia".

2.5.8. The balance sheet account No. 60322 is included reserve obligations:

in the amount of remaining balance of separate personal accounts on accounting of unpaid costs of shares of the members of credit institution who submitted applications for secession of members of credit institution (after three-months term from the date of the emergence of the corresponding obligation or other term provided by the charter of credit institution), and also in the amount of remaining balance of separate personal accounts on accounting of unpaid costs of shares of the members of credit institution excluded from the list of members of credit institution by a court decision (from the date of the introduction in legal force of the judgment about exception of members of credit institution of the list of members of credit institution), by designation code 603221, specified in appendix 2 to this Provision;

in the amount of remaining balance of separate personal accounts according to the cash accounting in currency of the Russian Federation, in foreign currency, the shares of credit institution arriving in payment - the issuer who is not using for accumulation of the money arriving in payment of shares, accumulation account with the special mode, by designation code 603222, specified in appendix 2 to this Provision;

in the amount of remaining balance of separate personal accounts on accounting of the surplus of money revealed in cash desk of credit institution, ATMs, payment terminals, and also in other program technical means - the automatic intakes intended for implementation of cash transactions with cash, by designation code 603223, specified in appendix 2 to this Provision;

in the amount of remaining balance of separate personal accounts on accounting of the obligations of the credit institution created in the form of joint-stock company, on payment redeemed from shareholders of own shares by designation code 603224, specified in appendix 2 to this Provision.

2.5.9. From remaining balance of the balance sheet account No. 47422 credit institution - the lessor (lessor) has the right to exclude remaining balance of separate personal accounts on accounting of the amounts of the rent (leasing payments) relating to current received by it and future accounting periods, by designation code 474221, specified in appendix 2 to this Provision.

2.5.10. Balance sheet accounts No. 30109, of 31301, of 31302, of 31303, of 31304, of 31305, of 31306, of 31307, of 31308, of 31309, of 31310, of 31501, of 31502, of 31503, of 31504, of 31505, of 31506, of 31507, of 31508, of 31509, of 31702, 31802 join:

in structure of other obligations (except for long-term) in the amount of remaining balance of separate personal accounts on accounting of obligations to the state corporation of development "ВЭБ.РФ") (further - ВЭБ.РФ) by designation codes 301091, 313011, 313021, 313031, 313041, 313051, 313061, 313071, 313081 (with attraction term from one to three years (except obligations with attraction term three years), 313101, 315011, 315021, 315031, 315041, 315051, 315061, 315071, 315081 (with attraction term from one to three years (except obligations with attraction term three years), 317021, 318021, specified in appendix 2 to this Provision;

in structure of long-term other obligations in the amount of remaining balance of separate personal accounts on accounting of obligations to ВЭБ.РФ by designation 313082 codes (with attraction term three years), 313091, 315082 (with attraction term three years), 315091, specified in appendix 2 to this Provision.

2.6. Reserve obligations remaining balance of separate personal accounts of the balance sheet accounts specified in Item 2.1 of this provision on accounting is not included:

the obligations expressed in non-cash form (in precious metals and natural gemstones in their physical shape, in the form of loan of securities);

obligations to other credit institution registered in accordance with the established procedure and the acting on the basis of the license for banking operations granted by the Bank of Russia (except for obligations to the credit institution acting as the trustee), before the Bank of Russia, the agreements resulting from the conclusion (except for obligations according to issued debt securities and percent on them), and also obligations to the Bank of Russia or the "Deposit Insurance Agency" state corporation (further - DIA) and (or) persons (person) acquiring according to the approved plan of participation of the Bank of Russia or DIA in implementation of measures for the prevention of bankruptcy of bank of the bank share in number of at least seventy five percent of ordinary shares of bank in the form of joint-stock company (share in the authorized capital of bank, the providing at least three quarters of voices of total number of voices of members of bank in the form of limited liability company) or shares of the mutual investment fund created by "Managing Company of Fund of Consolidation of Banking Sector" limited liability company which part of property bank shares in number of at least seventy five percent of ordinary shares of bank in the form of joint-stock company (the share in the authorized capital of bank providing at least three quarters of voices of total number of voices of members of bank in the form of limited liability company) are (further - investors), not being credit institutions arising within financial assistance according to plans of participation of the Bank of Russia or DIA in implementation of measures for the prevention of bankruptcy of bank;

the debt arising between separate divisions of credit institution.

2.7. Credit institution - the central partner performing functions according to the Federal Law of February 7, 2011 No. 7-FZ "About clearing, clearing activities and the central partner" (The Russian Federation Code, 2011, No. 7, Art. 904; No. 48, Art. 6728; No. 49, Art. 7040, Art. 7061; 2012, No. 53, Art. 7607; 2013, No. 30, Art. 4084; 2014, No. 11, Art. 1098; 2015, No. 27, Art. 4001; No. 29, Art. 4357; 2016, No. 1, Art. 23, Art. 47; 2017, No. 30, Art. 4456; 2018, No. 24, of the Art. 3399, No. 31, of the Art. 4861, No. 32, of the Art. 5103, No. 53, the Art. 8440) (further - the central partner), includes obligations to the participants of clearing determined by the specified Federal Law within making of transactions of repo and deposit transactions between participants of clearing with participation of the central partner in structure of reserve obligations taking into account the following:

the amount of remaining balance of separate personal accounts on accounting of obligations to participants of clearing - nonresidents of balance sheet accounts No. 31401 - 31407, 31410, 31601 - 31607, 42501 - 42505, 44001 - 44005 and No. 31408, of 31608, of 42506, 44006 regarding obligations with term from one to three years, except obligations with term three years, and also balance sheet accounts No. 31408, of 31608, of 42506, 44006 regarding obligations with term three years and No. 31409, of 31609, of 42507, 44007 decreases by the amount of remaining balance of separate personal accounts on accounting of requirements to participants of clearing - nonresidents of balance sheet accounts No. 32301 - 32307, 47301 - 47305 and No. 32308, 47306 regarding obligations with term from one to three years, except obligations with term three years, and also balance sheet accounts No. 32308, 47306 regarding obligations with term three years and No. 32309, 47307 by the codes of designation 314001 and 314002 respectively specified in appendix 6.1 to this Provision;

the amount of remaining balance of separate personal accounts on accounting of obligations to other participants of clearing of balance sheet accounts No. 31501 - 31507 regarding obligations to ВЭБ.РФ, No. 41001 - 41005, 41101 - 41105, 41201 - 41205, 41301 - 41305, 41401 - 41405, 41501 - 41505, 41601 - 41605, 41701 - 41705, 41801 - 41805, 41901 - 41905, 42001 - 42005, 42101 - 42105, 42201 - 42205, 42701 - 42705, 42801 - 42805, 42901 - 42905, 43001 - 43005, 43101 - 43105, 43201 - 43205, 43301 - 43305, 43401 - 43405, 43501 - 43505, 43601 - 43605, 43701 - 43705, 43801 - 43805, 43901 - 43905 and No. 31508 regarding obligations to ВЭБ.РФ, No. 41006, 41106, 41206, 41306, 41406, 41506, 41606, 41706, 41806, 41906, 42006, 42106, 42206, 42706, 42806, 42906, 43006, 43106, 43206, 43306, 43406, 43506, 43606, 43706, 43806, 43906 regarding obligations with term from one to three years, except obligations with term three years, and also balance sheet accounts No. 31508 regarding obligations to ВЭБ.РФ, No. 41006, of 41106, of 41206, of 41306, of 41406, of 41506, of 41606, of 41706, of 41806, of 41906, of 42006, of 42106, of 42206, of 42706, of 42806, of 42906, of 43006, of 43106, of 43206, of 43306, of 43406, of 43506, of 43606, of 43706, of 43806, 43906 regarding obligations with term three years and No. 31509 regarding obligations to ВЭБ.РФ, No. 41007, of 41107, of 41207, of 41307, of 41407, of 41507, of 41607, of 41707, of 41807, of 41907, of 42007, of 42107, of 42207, of 42707, of 42807, of 42907, of 43007, of 43107, of 43207, of 43307, of 43407, of 43507, of 43607, of 43707, of 43807, 43907 decreases by the amount of remaining balance of separate personal accounts on accounting of requirements to other participants of clearing of balance sheet accounts No. 32201 - 32207 regarding requirements to ВЭБ.РФ, No. 46001 - 46005, 46101 - 46105, 46201 - 46205, 46301 - 46305, 46401 - 46405, 46501 - 46505, 46601 - 46605, 46701 - 46705, 46801 - 46805, 46901 - 46905, 47001 - 47005, 47101 - 47105, 47201 - 47205 and No. 32208 regarding requirements to ВЭБ.РФ, No. 46006, 46106, 46206, 46306, 46406, 46506, 46606, 46706, 46806, 46906, 47006, 47106, 47206 regarding obligations with term from one to three years, except obligations with term three years, and also balance sheet accounts No. 32208 regarding requirements to ВЭБ.РФ, No. 46006, 46106, 46206, 46306, 46406, 46506, 46606, 46706, 46806, 46906, 47006, 47106, 47206 regarding obligations with term three years and No. 32209 regarding requirements to ВЭБ.РФ, No. 46007, 46107, 46207, 46307, 46407, 46507, 46607, 46707, 46807, 46907, 47007, 47107, 47207 by codes of designation 437001 and 437002 respectively, specified in appendix 6.1 to this Provision.

This reduction is performed within the amounts of remaining balance of separate personal accounts of balance sheet accounts on accounting of the obligations to participants of clearing specified in this Item.

Chapter 3. Procedure for creation and representation of Calculation

3.1. Calculation is constituted based on the documents constituted according to appendices 2 - 6.1 to this Provision, and data of the balance sheet of credit institution on the account on accounting of required reserves.

3.2. Creation of documents according to appendices 2 - 6.1 to this Provision is performed according to daily composite balance sheets of credit institution except for of these balance sheets of foreign subsidiaries of credit institution which according to the legislation of the country of the location shall fulfill mandatory reserve requirements according to the procedure and according to the standard rates established by acts of the country of the location of branches.

For confirmation of that fact that the obligation of accomplishment of mandatory reserve requirements is established by acts of the country of the location of foreign subsidiary of credit institution the last represents the acts of the country of the location of foreign subsidiary of credit institution regulating procedure for accomplishment of reserve requirements to authorized institution of the Bank of Russia. The specified acts are represented by credit institution along with submission of the documents confirming the fact of registration of foreign subsidiary of credit institution and also in case of introduction of amendments to the acts of the country of the location of foreign subsidiary of credit institution regulating procedure for accomplishment of mandatory reserve requirements.

The specified acts shall be legalized according to the procedure, established by the legislation of the Russian Federation if other is not provided by international treaties which participants are the Russian Federation and the country of the location of foreign subsidiary of credit institution, and are provided to authorized institution of the Bank of Russia with appendix of the translation of the specified acts certified in accordance with the established procedure into Russian.

3.3. In the documents constituted according to appendices 2 - 6.1 to this Provision, this for output or non-working holiday, and also the working day following it are specified according to the reflection method provided by accounting policy of credit institution in financial accounting of the transactions made in the output or non-working holiday recognized by that legislation of the Russian Federation from among specified in Item 1.3 of part III of appendix to the Provision of the Bank of Russia No. 579-P and taking into account that remaining balance of balance sheet accounts on accounting of reserve obligations in foreign currency for output or non-working holiday is recalculated in ruble equivalent on the official rates of foreign currencies in relation to ruble established by the Bank of Russia for the specified day.

3.4. Creation of the document according to appendix 2 to this Provision is performed taking into account the following requirements.

3.4.1. In case of creation of the document for its electronic submission all balance sheet accounts of the second procedure on accounting of reserve obligations participating in Calculation according to Item 2.1 of this provision are specified. In the absence of remaining balance according to the balance sheet account zero is put down.

In case of creation of the document for its submission to authorized institution of the Bank of Russia the balance sheet accounts of the second procedure determined by the working chart of accounts of financial accounting in credit institution, except for on what remaining balance during the accounting period is equal to zero on paper can be specified.

3.4.2. The remaining balance of separate personal accounts of balance sheet accounts which is not subject to inclusion in structure of reserve obligations according to Item 2.6 of this provision is determined based on the professional judgement of credit institution based on source and other documents which are available for credit institution characterizing the corresponding obligations.

paragraph two of ceased to be valid

paragraph third ceased to be valid

paragraph fourth ceased to be valid

paragraph fifth ceased to be valid

3.5. The document according to appendix 5 to this Provision is constituted for the purpose of determination of size of the cash in currency of the Russian Federation in cash desk of credit institution excluded when calculating normative size of required reserves (designation code 202025).

The size of the cash in currency of the Russian Federation in cash desk of credit institution excluded when calculating normative size of required reserves is determined proceeding from the actual balances in cash in currency of the Russian Federation in cash desk of credit institution considered on balance sheet accounts No. 20202, of 20208, of 20209, of 30210, and shall not exceed 25 percent of the size of required reserves on obligations in currency of the Russian Federation calculated before its reduction by the specified size.

3.6. For the purpose of calculation of separate indicators the formula of average arithmetic size specified in Item 1 of appendix 9 to this Provision is applied to creation of documents according to appendices 2 and 5 to this Provision.

3.7. The document according to appendix 6 to this Provision is constituted in case of use by credit institution of the professional judgment provided by subitem 3.4.2 of Item 3.4 of this provision. If necessary the specified document can be added with the explanations of credit institution provided by it as on own initiative, and at the request of authorized institution of the Bank of Russia.

3.8. Calculation is represented credit institution complete with the documents constituted according to appendices 2 - 6.1 to this Provision, in the single copy. The document constituted according to appendix 6.1 to this Provision is submitted the central partner.

The documents constituted according to appendices 2 - 4 to this Provision, can not be represented complete with Calculation if the specified documents contain zero values according to all balance sheet accounts (separate personal accounts of balance sheet accounts) specified in them during the accounting period. The document constituted according to appendix 6 to this Provision can not be represented complete with Calculation in case of non-use of professional judgment by credit institution.

In the specified cases credit institution complete with Calculation the message on lack of remaining balance on the corresponding balance sheet accounts (separate personal accounts of balance sheet accounts) or about non-use of professional judgment, constituted in any form is submitted. The specified message shall contain the details allowing to determine unambiguously number of appendix (number of appendices) to this Provision, in connection with which non-presentation (which) it is directed.

3.9. Calculation is represented credit institution for the 10th working day of the month following for reporting.

When carrying out extraordinary regulation of the size of required reserves Calculation is represented credit institution in other date established by the Board of directors of the Bank of Russia according to Item 1.8 of this provision or in case, stipulated in Item 8.4 this provision.

3.10. Day of representation of the Calculation constituted in the form of the electronic message which is not supplied with authentication code (digital signature) day of its representation on paper is considered.

3.11. Calculation and the paper documents submitted complete with it shall be signed by the authorized person of credit institution and are certified by the impress of a seal (in the presence) corresponding put down in the card with specimen signatures and impress of a seal provided to the Bank of Russia according to the Instruction of the Bank of Russia of May 30, 2014 to No. 1 53-I "About opening and closing of bank accounts, accounts on deposits (deposits), deposit accounts", registered by the Ministry of Justice of the Russian Federation on June 19, 2014 No. 32813, on February 14, 2017 No. 45638, on January 29, 2019 No. 53610 (further - the Instruction of the Bank of Russia No. 153-I) (further - card with specimen signatures and impress of a seal).

For the purpose of this provision are understood as authorized persons of credit institution person performing functions of sole executive body, his deputies, and also other employees whose signatures are specified in card with specimen signatures and impress of a seal.

3.12. If the Calculation provided by credit institution is drawn up with violation of the requirements containing in this Chapter, Calculation is considered not provided. At the same time the authorized institution of the Bank of Russia notifies credit institution that Calculation is drawn up with violation of the requirements containing in this Chapter, no later than the working day following behind day of representation by credit institution of Calculation, according to the procedure, established in authorized institution of the Bank of Russia.

3.13. Representation of Calculation by credit institution is later than term, stipulated in Item 3.9 this provision, No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" is violation of fixed term of submission of the reporting and the basis for acceptance by the Bank of Russia of measures, the stipulated in Article 74 Federal Laws of July 10, 2002.

Chapter 4. Procedure for regulation of the size of required reserves

4.1. The authorized institution of the Bank of Russia performs regulation of the size of required reserves within three working days since day of representation by credit institution of Calculation according to Items 3. 9, or 6.7, or 8.4 this provision (further - the regulation period), based on the Calculation provided by credit institution constituted and 3 this provision who are drawn up according to requirements of Chapter.

4.2. During the regulation period the authorized institution of the Bank of Russia performs the following.

4.2.1. Control of Calculation and the documents submitted complete with it on their compliance to requirements of this provision, including interuniform control, arithmetic check, comparison (reconciliation) of the data specified in documents with data of the balance sheet of credit institution as of reporting date. Comparison (reconciliation) is carried out taking into account the data provided in the document constituted according to appendix 6 to this Provision. The discrepancy between the data specified in the documents constituted according to appendices 2 - 6.1 is allowed to this Provision, and data of the balance sheet of credit institution owing to recalculation of remaining balance of balance sheet accounts in foreign currency, and also roundings of data.

4.2.2. Creation based on data on remaining balance of correspondent accounts of the Certificate of accomplishment of obligation on averaging (further - the Reference) according to appendix 7 to this Provision; establishment of availability (absence) of the amount of failure to carry out of averaging of required reserves; transfer of the copy of the Reference of credit institution which is drawn up properly. The actions listed in this paragraph are performed if the credit institution had the right to averaging.

The amount of failure to carry out of averaging of required reserves is understood as the cash amount calculated proceeding from the size of failure to carry out of averaging of required reserves determined as the amount of excess of the provided credit institution of average size of required reserves over the average size of required reserves which is actually supported by credit institution in the averaging period.

The average size of required reserves which is actually supported by credit institution is calculated proceeding from daily balances in cash on correspondent accounts for the period of averaging.

For the purpose of calculation actually supported credit institution of average size of required reserves applies the formula of average arithmetic size specified in Item 1 of appendix 9 to this Provision.

4.2.3. Creation based on data of Calculation and the balance sheet of the Bank of Russia of the Message on regulation of the size of required reserves (further - the Message on regulation) according to appendix 8 to this Provision; establishment of nedovznos or refee by Calculation; creation of the order on implementation of recalculation on required reserves, on renewal of required reserves (further - the Order); transfer drawn up properly Messages on regulation - credit institution, the Order - to division of the Bank of Russia for carrying out transactions according to the Order and their reflections in financial accounting of the Bank of Russia. The actions specified in this subitem shall be performed in total in one of days of the period of regulation.

Under nedovznosy for the purpose of this provision the amount of excess of settlement size of required reserves over the size of the required reserves which are actually deposited by credit institution on the account on accounting of required reserves is understood.

The refee for the purpose of this provision is understood as the amount of excess of size of the required reserves which are actually deposited by credit institution on the account on accounting of required reserves over the settlement size of required reserves.

The reference and (or) Message on regulation directed by authorized institution of the Bank of Russia of credit institution in the form of the electronic message which is not supplied with authentication code (digital signature) shall be directed on paper during the regulation period so that the credit institution received them no later than the last day of the period of regulation.

4.3. During regulation correction by credit institution of Calculation and the documents submitted complete with it (is allowed in case of detection of mistakes by authorized institution of the Bank of Russia or credit institution). The corrected Calculation is followed by the explanations containing data on the performed corrections, signed by the authorized person of credit institution or containing code of authentication of the electronic message (digital signature). In case of correction by credit institution of Calculation and the documents submitted complete with it the period of regulation is not prolonged.

The credit institution notifies authorized institution of the Bank of Russia on the errors found by it in case of creation of the Calculations and documents submitted complete with them for the previous accounting periods and represents the corrected Calculations complete with the documents constituted according to appendices 2 - 6.1 to this Provision. The documents constituted according to appendices 2 - 6.1 to this Provision, can not be represented complete with Calculations if they do not contain corrections. In coordination with authorized institution of the Bank of Russia the corrected Calculations can be provided before the regulation period.

The corrected Calculations are followed by the explanations containing data on obligation size, date of attraction of money and repayment date of the obligation according to the agreement or conditions of bond issue, the size of ahead of schedule extinguished (partially extinguished) obligation, date of early repayment (the partial termination) of the obligation, and also this analytics of the obligation. If necessary source and other documents characterizing the corresponding obligation as on own initiative credit institution, and at the request of authorized institution of the Bank of Russia are submitted.

In case of receipt from credit institution of documents according to paragraphs second and third this Item the authorized institution of the Bank of Russia carries out work on confirmation or refining of these corrected Calculations, establishes nedovznos, the amount of failure to carry out of averaging of required reserves for the purpose of application of measures according to Chapter 6 of this provision.

4.3.1. Does not lead to nedovznos and (or) failure to carry out of averaging of required reserves and is not recognized violation of mandatory reserve requirements:

early (before three years) return (partial return) of the money raised by credit institution for the term of at least three years from legal entities - residents and nonresidents within placement by the specified legal entities of bonds for the benefit of credit institution according to the agreement which is not containing condition about early (before three years) agreement cancelation and (or) early (before three years) return of money at the initiative of the specified legal entities (including in connection with realization by bondholders of right to claim of early repayment of bonds) or at the initiative of credit institution, and (or) early (before three years) termination of such agreement on which obligations were excluded from structure of reserve obligations;

early (before three years) repayment (partial repayment) or acquisition (partial acquisition) placed by credit institution - bond issuing institution with repayment period at least three years, the decision on which release does not contain conditions about early repayment (partial repayment) or acquisition (partial acquisition) of bonds by credit institution - the issuer within three years upon the demand of bondholders or at the initiative of credit institution - the issuer or provides early repayment of bonds by their converting in shares according to which obligations were excluded from structure of reserve obligations.

4.4. During regulation:

the credit institution shall direct the payment order for money transfer to the account on accounting of required reserves in repayment of nedovznos in the amount of, specified in the Message on the regulation received from authorized institution of the Bank of Russia;

paragraph third ceased to be valid;

the authorized institution of the Bank of Russia shall return the refee established by the provided Calculation, the payment order which is drawn up based on the Order on the correspondent account of credit institution opened in the Bank of Russia in currency of the Russian Federation.

Implementation of the transactions specified in this Item to the term of representation of the Calculation established in Item 3.9 or in Item 6.7 of this provision or before representation of Calculation according to Item 8.4 of this provision is not allowed.

4.5. The credit institution transfers money in repayment of nedovznos from correspondent accounts.

In the absence of (insufficiency) of means on correspondent accounts, availability of restrictions on the order with the money which are on correspondent accounts, the credit institution transfers money in repayment of nedovznos from the correspondent account (accounts) opened (opened) in other credit institution (other credit institutions).

Lack (insufficiency) of means on correspondent accounts, availability of restrictions on the order with the money which is on correspondent accounts the stipulated in Article 38 Federal Laws of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" do not exempt credit institution from responsibility for violation of mandatory reserve requirements.

For the purpose of this provision are understood as violation of mandatory reserve requirements nedovznos, money in which repayment is not transferred by credit institution into the account on accounting of required reserves during regulation (except for the nedovznos established by results of check, the nedovznos established in the case provided by the paragraph the fourth Item 4.3 of this provision), nedovznos, established by results of check, nedovznos, established in the case provided by the paragraph the fourth Item 4.3 of this provision, failure to carry out of obligation by credit institution on averaging of required reserves.

4.6. The period of regulation can be extended by the Bank of Russia according to the procedure, stipulated in Item 6.9 this provision.

4.7. Regulation of the size of required reserves in case of representation of Calculation by credit institution after the end of the period of regulation is performed by authorized institution of the Bank of Russia in the terms determined by it independently taking into account possible conducting check, but no later than 10 working days after representation of Calculation by credit institution.

Chapter 5. Procedure for deposition of required reserves by accomplishment of obligation by credit institutions on averaging of required reserves

5.1. The credit institution has the right to use averaging of required reserves during the averaging period.

5.2. The right to averaging of required reserves is granted by authorized institution of the Bank of Russia of the credit institution corresponding to the following criteria:

the bank treats to 1, to 2 or 3 classification group according to the Instruction of the Bank of Russia of April 3, 2017 No. 4336-U "About assessment of economic situation of banks", the registered Ministry of Justice of the Russian Federation on May 19, 2017 No. 46771, on March 15, 2018 No. 50380, on May 23, 2018 No. 51155, on February 22, 2019 No. 53872 non-bank credit institution - 1 or 2 classification group according to the regulations of the Bank of Russia establishing criteria of determination of financial condition of non-bank credit institutions;

has no unpaid nedovznos, penalty for violation of mandatory reserve requirements (further - penalty);

did not allow repeated (the second time in a row) failure to carry out of obligation on averaging of required reserves;

has no overdue monetary commitments before the Bank of Russia, including on the credits of the Bank of Russia and percent on them.

The right to averaging of required reserves is granted by authorized institution of the Bank of Russia of credit institution concerning which measures for the prevention of bankruptcy of bank with participation of the Bank of Russia are performed provided that before approval of the plan of participation of the Bank of Russia in implementation of measures for the prevention of bankruptcy of bank the credit institution corresponded to the criteria specified in paragraphs the second, third and fifth this Item.

5.3. For receipt of the right to averaging of required reserves in current period of averaging the credit institution calculates and specifies the average size of required reserves in Calculation.

The authorized institution of the Bank of Russia based on the data and documents which are available for it checks compliance of credit institution to criteria, stipulated in Item 5.2 this provision, for the date of representation of Calculation established according to Item 3.9 of this provision.

For the purpose of receipt of information on accomplishment by credit institution stipulated in Item 5.2 this provision of criteria the authorized institution of the Bank of Russia interacts with the relevant structural divisions of the Bank of Russia.

In case of compliance of credit institution stipulated in Item 5.2 this provision to criteria the authorized institution of the Bank of Russia makes the decision on provision of credit institution of the right to averaging of required reserves in the averaging period corresponding to the accounting period and establishes the average size of required reserves by Calculation.

In case of discrepancy of credit institution stipulated in Item 5.2 this provision to criteria the authorized institution of the Bank of Russia makes the decision on refusal in provision of credit institution of the right to averaging of required reserves in the averaging period corresponding to the accounting period. The average size of required reserves by Calculation is established by authorized institution of the Bank of Russia equal to zero.

The relevant decision of authorized institution of the Bank of Russia is specified in the Message on regulation.

Receipt of documentary confirmation by authorized institution of the Bank of Russia about discrepancy or compliance of credit institution to criteria, stipulated in Item 5.2 this provision, before date of transmission of credit institution of the Message on regulation is the basis for refusal in the right to averaging of required reserves or for provision of the right to averaging of required reserves, respectively, in the averaging period corresponding to the accounting period.

5.4. The credit institution which acquired the right to averaging of required reserves shall carry out during the period of averaging obligation on averaging of required reserves, namely the average size of required reserves which is actually supported by credit institution shall not be below the average size of required reserves established by Calculation for averaging, corresponding to the accounting period.

The credit institution which did not acquire the right to averaging of required reserves performs deposition of required reserves by their transfer into account on accounting of required reserves according to the procedure, established by the paragraph the second Item 4.4 of this provision.

Chapter 6. Control of the Bank of Russia of accomplishment of mandatory reserve requirements by credit institutions

6.1. The authorized institution of the Bank of Russia exercises control over the implementation of mandatory reserve requirements by credit institutions when carrying out regulation of the size of required reserves and when conducting checks.

6.2. The authorized institution of the Bank of Russia performs write-off of nedovznos from correspondent accounts of the credit institution which did not transfer during regulation money in repayment of nedovznos into the account on accounting of required reserves in case, stipulated in Item 4.4 this provision, the collection order which is drawn up based on the Order before carrying out other transactions - from first working day after the end of the period of regulation before its full recovery.

Cash write-off in repayment of nedovznos by Calculation for the accounting period is performed till day of representation by credit institution of Calculation for the next accounting period inclusive.

6.3. According to article 38 of the Federal Law of July 10, 2002 No. 86-FZ "About the Central bank the Russian Federation (Bank of Russia)" in case of violation of mandatory reserve requirements by credit institution the authorized institution of the Bank of Russia applies penalty.

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