RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of July 8, 2016 No. 32/1

About modification of "Rules of issue and use of payment cards"

For the purpose of regulation of exchange of information on the operations performed between centers servicing by emissiruyemy payment cards in the country and final calculations for the specified transactions in connection with provision in operation of the Interbank card center created by the Central Bank of the Azerbaijan Republic the Board of the Central Bank of the Azerbaijan Republic according to articles 22.0.17 and 44.3 of the Law of the Azerbaijan Republic "About the Central Bank of the Azerbaijan Republic" decides:

1. Approve changes in "Rules of issue and use of payment cards" (are applied).

2. Charge to Legal department (R. Melikov) ensuring submission of this Resolution to the Ministry of Justice, for the purpose of entering into the State Register of Legal Acts of the Azerbaijan Republic within 3 days.

Approved by the Resolution of the Central Bank of the Azerbaijan Republic of July 8, 2016 No. 32/1

Changes in "Rules of issue and use of payment cards"

Make the following changes to the "Rules of issue and use of payment cards" approved by the Resolution of Board of the Central Bank of the Azerbaijan Republic of July 10, 2012 No. 16/3:

1. give subitem 2.1.18 in the following edition:

"2.1.18. the card organization - service center (banks and other legal entities performing processing activities) or the international card organization performing transfer, collection, processing and clearing of information on the operations performed by means of cards and also tactical servicing of issue and acquiring of cards;

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