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The document ceased to be valid since  November 8, 2016 according to Item 2 of the Resolution of Board of National Bank of the Republic of Kazakhstan of August 31, 2016 No. 217

RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of January 28, 2016 No. 28

About approval of Rules of functioning of interbank system of payment cards

According to the Law of the Republic of Kazakhstan of March 30, 1995 "About National Bank of the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the enclosed Rules of functioning of interbank system of payment cards.

2. And managements of payment systems (Musayev R. N.) in the procedure established by the legislation of the Republic of Kazakhstan to provide to development department:

1) together with Legal support department (Sarsenov N. V.) state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) the direction of this resolution in the republican state company on the right of economic maintaining "The republican center of legal information of the Ministry of Justice of the Republic of Kazakhstan":

on official publication in information system of law of Ad_let within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan;

for inclusion in the State register of regulatory legal acts of the Republic of Kazakhstan, Reference control bank of regulatory legal acts of the Republic of Kazakhstan within ten calendar days from the date of its obtaining by National Bank of the Republic of Kazakhstan after state registration in the Ministry of Justice of the Republic of Kazakhstan;

3) placement of this resolution on official Internet resource of National Bank of the Republic of Kazakhstan after its official publication.

3. To department of the international relations and public relations (Kazybayev A. K.) provide the direction of this resolution on official publication in periodic printing editions within ten calendar days after its state registration in the Ministry of Justice of the Republic of Kazakhstan.

4. To impose control of execution of this resolution on the vice-chairman of National Bank of the Republic of Kazakhstan Pirmatov G. O.

5. This resolution becomes effective since July 1, 2016.

Chairman of National Bank

D. Akishev

Approved by the Resolution of Board of National Bank of the Republic of Kazakhstan of January 28, 2016 No. 28

Rules of functioning of interbank system of payment cards

1. General provisions

1. These rules of functioning of interbank system of payment cards (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" and determine procedure for functioning of interbank system of payment cards.

The interbank system of payment cards (further – system) is intended for implementation of routing of messages and clearing of interbank payments on the transactions made with use of payment cards of participants of system (further – interbank payments).

The system is also intended for routing of messages on the transactions made with use of payment cards of participants of system out of network of servicing of participants of system and also on the transactions made with use of payment cards of the issuers who are not participants of system in network of servicing of participants of system.

Operator of system is the Republican state company on the right of economic maintaining "The Kazakhstan Center of interbank calculations of National Bank of the Republic of Kazakhstan".

2. In Rules the following concepts are used:

1) authorization – permission of the issuer to implementation of payments with use of payment card. The procedure of receipt of authorization is established according to the agreements signed between the Operator of system and participants of system;

2) the authorization message – the request/answer containing information necessary for carrying out authorization, and transmitted between participants of system through the Operator of system;

3) the interbank commission – the remuneration paid by one participant of system to other participant of system for the performed (committed) transactions by the payment cards issued by the participant of system in networks of servicing of other participant of system;

4) the indirect participant of system – the issuer of payment cards and/or ekvayer who does not have own processing center and using for processing of transactions by payment cards services of the processor of the third party based on the agreement signed with it;

5) the participant of system – the bank of the second level and (or) the organization which is performing separate types of banking activities (further - bank), having (having) own processing center with possibility of accession to the Operator of system and also performing (performing) in system functions of the issuer and/or ekvayer based on the signed contract with the Operator of system;

6) bank identification number by the issued payment cards of the participant of system and the indirect participant of system (further - bank identification number) – the unique number assigned to the issuer by the corresponding system of payment cards for identification of the payment card issued by it in this system;

7) net line item of the participant of system – difference between the amount of the financial messages exposed by the participant of system according to monetary commitments of other participants of system in relation to this participant of system and the amount of the financial messages exposed by other participants of system according to monetary commitments of this participant of system in relation to other participants of system. If the difference – negative number, then the participant of system has debit net line item if positive – credit net line item;

8) system line item – the line item opened for the Operator of system in interbank money transfer system for ensuring money transfers by results of clearing;

9) operational rules of the Operator of system (further – operational rules) – the internal document of the Operator of system determining procedure for its activities and condition of implementation of the functions assigned to it;

10) the financial message – the payment document containing information necessary for carrying out interbank payment on committed transaction with use of payment card, and representing monetary commitments (requirements) of one participant of system in relation to other participant of system;

11) day loan "overdraft" – short-term loan for one operational day granted by National Bank to participants of system in case of absence or insufficiency of money for their line items in interbank money transfer system for implementation of money transfer by results of clearing of interbank payments (further – clearing);

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