RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of February 23, 2018 No. 77

About modification and amendments in the resolution of Board of National Bank of the Republic of Belarus of June 26, 2009 No. 88 and recognition voided some resolutions of Board of National Bank of the Republic of Belarus and separate structural element of the resolution of Board of National Bank of the Republic of Belarus of May 31, 2016 No. 291

Based on the paragraph of the thirty first 26, Article parts two 32, parts one of article 39 of the Bank code of the Republic of Belarus the Board of National Bank of the Republic of Belarus DECIDES: Articles

1. Bring in the Instruction about procedure for functioning of the automated system of interbank calculations of National Bank of the Republic of Belarus and carrying out interbank calculations in the BISS system approved by the resolution of Board of National Bank of the Republic of Belarus of June 26, 2009 No. 88 (The national register of legal acts of the Republic of Belarus, 2009, No. 183, 8/21230; 2010, No. 118, 8/22289; 2011, No. 86, 8/23942; No. 139, 8/24491; National legal Internet portal of the Republic of Belarus, 09.01. 2013, 8/26713; 18:02. 2014, 8/28355; 18:07. 2014, 8/28874; 27.02. 2016, 8/30695; 02:07. 2016, 8/31063), changes and amendments, having been reworded as follows it it (is applied).

2. Recognize invalid resolutions of Board of National Bank of the Republic of Belarus and separate structural element of the resolution of Board of National Bank of the Republic of Belarus according to the list according to appendix to this resolution.

3. This resolution becomes effective after its official publication.

Appendix

to the Resolution of Board of National Bank of the Republic of Belarus of February 23, 2018 No. 77

List of invalid resolutions of Board of National Bank of the Republic of Belarus and separate structural element of the resolution of Board of National Bank of the Republic of Belarus

1. The resolution of Board of National Bank of the Republic of Belarus of June 27, 2003 No. 124 "About approval of the Instruction about carrying out interbank calculations in standby mode" (The national register of legal acts of the Republic of Belarus, 2003, No. 79, 8/9763).

2. The resolution of Board of National Bank of the Republic of Belarus of May 25, 2005 No. 73 "About modification and amendments in the Instruction about carrying out interbank calculations in standby mode" (The national register of legal acts of the Republic of Belarus, 2005, No. 91, 8/12679).

3. The resolution of Board of National Bank of the Republic of Belarus of June 30, 2009 No. 96 "About modification and amendments in the Instruction about carrying out interbank calculations in standby mode" (The national register of legal acts of the Republic of Belarus, 2009, No. 175, 8/21232).

4. The resolution of Board of National Bank of the Republic of Belarus of December 30, 2010 No. 592 "About modification and amendments in the Instruction about carrying out interbank calculations in standby mode" (The national register of legal acts of the Republic of Belarus, 2011, No. 15, 8/23226).

5. The resolution of Board of National Bank of the Republic of Belarus of November 26, 2012 No. 599 "About introduction of amendments and changes in the Instruction about procedure for carrying out interbank calculations in standby mode" (The national legal Internet portal of the Republic of Belarus, 12.12. 2012, 8/26613).

6. The resolution of Board of National Bank of the Republic of Belarus of August 18, 2014 No. 527 "About entering of amendment into the Instruction about procedure for carrying out interbank calculations in standby mode" (The national legal Internet portal of the Republic of Belarus, 10.09. 2014, 8/29086).

7. The resolution of Board of National Bank of the Republic of Belarus of February 22, 2016 No. 91 "About modification of the Instruction about procedure for carrying out interbank calculations in standby mode" (The national legal Internet portal of the Republic of Belarus, 01.03. 2016, 8/30708).

8. Item 3 of the resolution of Board of National Bank of the Republic of Belarus of May 31, 2016 No. 291 "About entering of amendments and changes into some regulatory legal acts of National Bank of the Republic of Belarus" (The national legal Internet portal of the Republic of Belarus, 02.07. 2016, 8/31063).

Approved by the Resolution of Board of National Bank of the Republic of Belarus of June 26, 2009 No. 88

The instruction about procedure for functioning of the automated system of interbank calculations of National Bank of the Republic of Belarus and carrying out interbank calculations in the BISS system

Chapter 1. General provisions

1. This Instruction determines procedure for functioning of the automated system of interbank calculations of National Bank of the Republic of Belarus (further - the EXPERT of MBR) and carrying out interbank payments in Belarusian rubles in the BISS system.

2. This Instruction is obligatory for accomplishment by National Bank of the Republic of Belarus (further - National Bank), the banks and the non-bank credit and financial organizations registered according to the legislation of the Republic of Belarus, "Development Bank of the Republic of Belarus" open joint stock company (further - JSC Development Bank Republic of Belarus) (further, unless otherwise specified, - banks of the Republic of Belarus), the banks and the non-bank credit and financial organizations created according to the legislation of foreign states, with the location outside the Republic of Belarus, allowed to participation in the BISS system (further - nonresident banks), Belarusian Currency and Stock Exchange open joint stock company (further - the exchange), "Belarusian Interbank Settlement Center" open joint stock company (further - settlement center) and suppliers of telecommunication services.

3. For the purposes of this Instruction the terms below are used in the following values:

the automated "Central Archive of Interbank Calculations" system (further - the EXPERT of TsA MBR) - complex of the program technical means intended for automation of processes of completing, storage, accounting and use of electronic payment documents, electronic messages and the accompanying information on interbank calculations in the central archive of interbank calculations;

administrative control - check of compliance of purpose of payment of the electronic payment document to the list of the permitted transactions, stipulated in Item to the 22nd this Instruction, for its subsequent acceptance or return without execution;

acceptance - the consent of National Bank to execution of the electronic payment document in the BISS system;

The EXPERT of MBR - set of the regulations, rules, procedures and program technical means providing implementation of interbank payments in Belarusian rubles;

bank sender - bank of the Republic of Belarus, nonresident bank (further - banks), the exchange (National Bank), from correspondent accounts (the account of National Bank for interbank calculations (further - the account for interbank calculations) which cash write-off by interbank calculations is performed;

bank receiver - the bank, the exchange (National Bank), on correspondent accounts (the account for interbank calculations) which is performed transfer of money by interbank calculations;

participating banks of the biddings by government securities, securities of National Bank, separate types of other securities (further - securities) and the financial instruments of forward transactions determined according to the legislation of the Republic of Belarus - the banks allowed to the conclusion of transactions on purchase and sale of securities and financial instruments of forward transactions at the exchange (further - participating banks);

offset - the mechanism of calculations based on accumulating of electronic payment documents of banks senders for certain period with subsequent their calculation by means of algorithms of multilateral netting;

deposit margin - cash amount, brought on separate personal account of the exchange by participating banks and the professional participants of the security market serviced by them (further - professional participants) for ensuring execution of the obligations in the cases and procedure determined by the exchange;

documentation the EXPERT of MBR - set of the interconnected documents necessary and sufficient for functioning and development the EXPERT of MBR including determining technical requirements, project and organizational decisions by creation and functioning of the MBR EXPERTS software and hardware complexes;

clearing - process of transfer, reconciliation, calculation of monetary claims and obligations and forming of final net line items of participants of clearing for the subsequent calculation;

the indirect participant of the BISS system - the participant to whom the correspondent account in National Bank which has the right of sending to the BISS system (obtaining from the BISS system) electronic payment documents and electronic messages through working interest owner is not opened also is included in the reference book of bank identification codes of participants of the calculations making payments in the territory of the Republic of Belarus (further - the reference book of BIC). Indirect participants of the BISS system are branches of banks of the Republic of Belarus;

interbank calculations - payments in Belarusian rubles between National Bank, banks, branches of banks of the Republic of Belarus, the exchange (further - participants of the BISS system) on accomplishment of monetary claims and obligations on own payments and payments initiated by their clients. Participants of the BISS system are subdivided on direct, indirect and special;

interbank calculations in standby mode - the reserve management and (or) reserve input performed in case of emergency in software and hardware complexes of bank, exchange as a result of which bank, the exchange lose possibility of implementation of interbank calculations in the normal mode;

the interbank processing center - the center performing on contractual conditions processing on transactions with use of bank payment cards and clearing on monetary claims and obligations of banks of the Republic of Belarus which participate in settlement system with use of bank payment cards (further - participating banks of system);

normative reference information - set of the reference books created based on the united in single information base systematized list of data which forming and control of observance are provided by this Instruction and documentation the EXPERT of MBR;

operational day of the BISS system - the period of system operation of BISS within one banking day during which acceptance and processing of electronic payment documents and electronic messages by interbank calculations are performed;

the special participant of the BISS system - the bank of the Republic of Belarus which is in liquidation stage for which the correspondent account in National Bank which has the right of independent sending to the BISS system (obtaining from the BISS system) electronic payment documents and electronic messages is opened and it is included in the reference book of BIC;

separate personal account of the exchange - the account of the exchange in Belarusian rubles opened in National Bank for implementation of calculations for the transactions made with financial instruments of forward transactions;

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