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RESOLUTION OF BOARD OF CENTRAL BANK OF THE AZERBAIJAN REPUBLIC

of March 13, 2024 No. 12/3

About approval of "Procedure on making of payment transactions and payment instruments"

Based on Articles 12. 3, 20.3, 22.3, 36.2, 40.1.2, 62.3.1 of the Law of the Azerbaijan Republic "About payment services and payment systems", article 15.1 of the Law of the Azerbaijan Republic "About non-bank credit institutions" and articles 22.1.17 and 47.2 of the Law of the Azerbaijan Republic "About the Central bank of the Azerbaijan Republic" DECIDES: Board of the Central bank of the Azerbaijan Republic

1. Approve "Procedure on making of payment transactions and payment instruments" it (is applied).

2. Cancel part of 1 Resolution of Board of the Central bank of the Azerbaijan Republic of September 17, 2013 No. 19/1 "About approval of "The instruction for clearing settlements and money transfers in the Azerbaijan Republic"".

3. Repeal the Resolution of Board of the Central bank of the Azerbaijan Republic of July 10, 2012 No. 16/3 "About approval of "Rules of issue and use of payment cards".

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