INSTRUCTION OF CENTRAL BANK OF THE RUSSIAN FEDERATION

of October 7, 2020 No. 5590-U

About modification of the Provision of the Bank of Russia of June 12, 2014 No. 423-P "About security deposits of operators of the payment systems which are not national significant payment systems"

Based on article 82.5 of 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; 2020, No. 30, Art. 4738):

1. Bring in the Provision of the Bank of Russia of June 12, 2014 No. 423-P "About security deposits of operators of the payment systems which are not national significant payment systems", registered by the Ministry of Justice of the Russian Federation on June 20, 2014 No. 32820, on February 4, 2015 No. 35859, on April 17, 2015 No. 36892, on March 21, 2018 No. 50437, the following changes.

1.1. To state subitem 1.7.1 of Item 1.7 in the following edition:

"1.7.1. Within three working days from the date of acceptance to execution by the operator on money transfer in which the bank account of the operator of payment system, orders of the operator of payment system about money transfer into the account on accounting of the security deposit, but no later than the third working day of the second month of the quarter following reporting quarter is opened the operator of payment system sends to the Bank of Russia of the Data.

Data go the operator of payment system, being credit institution, in the form of the electronic message supplied with authentication code, according to the procedure, No. 1546-U established by the Instruction of the Bank of Russia of January 24, 2005 "About procedure for submission by credit institutions to the Central bank of the Russian Federation of the reporting in the form of the electronic messages supplied with authentication code", the registered Ministry of Justice of the Russian Federation on February 22, 2005 No. 6353, on November 28, 2007 No. 10558.

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