RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of September 20, 2022 No. 353

About implementation of interbank calculations and approval of Rules of the BISS system

Based on paragraphs of the thirty third, sixty ninth of Article 26, of part one of article 39 of the Bank code of the Republic of Belarus, Item 1 of article 5 of the Law of the Republic of Belarus of April 19, 2022 No. 164-Z "About payment systems and payment services", the paragraph of third subitem 2.1 of Item 2 of the Presidential decree of the Republic of Belarus of October 10, 2017 "About the Belarusian interbank settlement center" the Board of National Bank of the Republic of Belarus DECIDES: No. 371

1. Determine that:

1.1. interbank calculations in Belarusian rubles are perfromed in the automated system of interbank calculations of National Bank (further – the EXPERT of MBR);

1.2. the BISS system, system of transfer of financial information (further – SPFI), system of instant payments (further – SMP), the automated "Central Archive of Interbank Calculations" system (further – the EXPERT of TsA MBR) (further – the MBR EXPERTS functional systems) and other MBR EXPERTS systems are part the EXPERT of MBR.

SPFI includes the central and subscriber parts which structure and functionality are determined by documentation the EXPERT of MBR. The regulations of work of SPFI are determined by the working schedule SPFI approved by the authorized person of "Belarusian Interbank Settlement Center" open joint stock company (further – JSC BMRTs), and include preparation for work of the SPFI software and hardware complexes, work of the SPFI central node and scheduled works upon completion of operational day of the BISS system.

SMP is intended for carrying out instant payments according to the procedure, determined by the Rules of system of instant payments approved by the resolution of Board of National Bank of the Republic of Belarus of September 20, 2022 No. 354. The regulations of work of SMP are determined by the working schedule SMP approved by the authorized person of National Bank.

The EXPERT of TsA MBR is intended for automation of processes of completing, storage, accounting, use and destruction of electronic documents of the BISS system, electronic documents and information messages SMP, electronic documents of the automated information system of execution of monetary commitments (further – AIS IDO), electronic documents and electronic messages of technology of exchange of interbank correspondence in the form of electronic documents and documents in electronic form (further – OMK technology), normative reference information of the automated "Centralized Maintaining Normative Reference Information of National Bank of the Republic of Belarus" system (further – the EXPERT of TsVNSI NB), in the central archive of interbank calculations of National Bank of the Republic of Belarus for the benefit of participants of the BISS system, SMP participating banks, working interest owners of AIS IDO, participants of OMK technology, and also for submission of information to state bodies in cases, established by legal acts.

Transfer of electronic documents and assorted electronic messages of TsA MBR is performed according to the procedure, determined by the Instruction about operating procedure with electronic documents in the central archive of interbank calculations of National Bank of the Republic of Belarus approved by the resolution of Board of National Bank of the Republic of Belarus of October 29, 2012 No. 548;

1.3. the regulations of work the EXPERT of TsA MBR are determined by working schedules of the BISS, SPFI, SMP, AIS IDO systems;

1.4. the OMK technology is intended for the organization of information exchange between her participants, including the state bodies interacting with bank system. The basis of program technical means of OMK technology is constituted by SPFI.

2. The systems interacting with the EXPERT of MBR are: The EXPERT of TsVNSI NB, AIS IDO, the automated systems of banks, the automated systems of state bodies.

3. Approve Rules of the BISS system (are applied).

4. For the purposes of this resolution the terms below are used in the following values:

The EXPERT of MBR – set of the regulations, rules, procedures and program technical means providing implementation of interbank calculations and carrying out instant payments in Belarusian rubles;

the BISS system (Belarus Interbank Settlement System) – payment service provider in which interbank calculations between members of payment service provider (direct, indirect and special) according to urgent and not urgent MH-messages, and also by results of the clearing perfromed in adjacent systems or calculation are in real time perfromed;

the OMK technology is set of the interconnected regulations, rules, procedures and program technical means allowing to perform forming of documents, centralized processing and transfer to their receiver.

5. Recognize invalid:

the resolution of Board of National Bank of the Republic of Belarus of June 26, 2009 No. 88 "About approval of the Instruction about procedure for functioning of the automated system of interbank calculations of National Bank and carrying out interbank calculations in the BISS system";

the resolution of Board of National Bank of the Republic of Belarus of April 23, 2010 No. 115 "About modification and amendments 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";

the resolution of Board of National Bank of the Republic of Belarus of June 30, 2011 No. 267 "About modification and amendments 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";

the resolution of Board of National Bank of the Republic of Belarus of November 28, 2011 No. 542 "About modification and amendments 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";

the resolution of Board of National Bank of the Republic of Belarus of November 30, 2012 No. 622 "About modification and amendments 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";

the resolution of Board of National Bank of the Republic of Belarus of December 31, 2013 No. 816 "About modification and amendments 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";

Item 2 of the resolution of Board of National Bank of the Republic of Belarus of June 10, 2014 No. 393 "About approval of the Instruction about procedure for functioning of single settlement and information space of the Republic of Belarus and modification and amendments in some resolutions of Board of National Bank of the Republic of Belarus";

the resolution of Board of National Bank of the Republic of Belarus of February 16, 2016 No. 77 "About modification and amendments 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";

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 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";

subitem 3.1 of Item 3 of the resolution of Board of National Bank of the Republic of Belarus of November 20, 2018 No. 540 "About some questions of functioning of system of instant payments and carrying out instant payments";

the resolution of Board of National Bank of the Republic of Belarus of November 21, 2019 No. 468 "About change of the resolution of Board of National Bank of the Republic of Belarus of June 26, 2009 No. 88".

6. This resolution becomes effective after its official publication.

Approved by the Resolution of Board of National Bank of the Republic of Belarus of September 20, 2022 No. 353

Rules of the BISS system

Chapter 1. General provisions

1. These rules determine procedure and procedures of functioning of the BISS system and procedure for carrying out interbank payments in Belarusian rubles in the BISS system.

2. The owner and the operator of the BISS system is the National Bank, technical operator – JSC BMRTs. The BISS system is systemically significant payment system.

3. These rules are obligatory for accomplishment by participants of the BISS system.

Are part of participants of the BISS system:

banks of the Republic of Belarus, "Development Bank of the Republic of Belarus" open joint stock company (further – banks of the Republic of Belarus);

the non-bank credit and financial organizations created and registered according to the legislation of the Republic of Belarus (further – NKFO);

National Bank;

technical operator;

the foreign banks and other 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 – foreign banks);

Belarusian Currency and Stock Exchange open joint stock company (further – the exchange).

4. For the purposes of these rules the terms below are used in the following values:

administrative control of MH-messages – check of compliance of purpose of payment of the MH-message to the list of the permitted transactions provided by paragraphs the second or sixth parts one of Item 22 of these rules for its subsequent acceptance or return without execution;

acceptance – the consent of National Bank to execution of the MH-message in the BISS system;

bank sender, payer bank (further – bank sender) – bank of the Republic of Belarus, foreign bank (further – banks), NKFO, the exchange from which correspondent accounts cash write-off by interbank calculations is performed. For the National Bank acting in the specified role, write-off is performed from the account of National Bank for interbank calculations (further – the account for interbank calculations);

bank receiver, bank of the beneficiary (further – bank receiver) – banks, NKFO, the exchange on which correspondent accounts transfer of money by interbank calculations is performed. For the National Bank acting in the specified role, transfer is performed into the account for interbank calculations;

participating bank of intersystem interaction of BELKART payment service provider and Mir payment service provider (further – participating bank of intersystem interaction BELKART-Mir) – the bank of the Republic of Belarus which provided use of program and technical infrastructure of BELKART payment service provider for carrying out transactions with use of bank payment cards of Mir payment service provider and program and technical infrastructure of Mir payment service provider for carrying out transactions with use of bank payment cards of BELKART payment service provider according to rules of BELKART payment service provider;

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 – the banks, NKFO allowed to the conclusion of transactions on purchase and sale of securities and financial instruments of forward transactions at the exchange (further – participating banks of the biddings);

business heading – the part of the MH-message combined with business content and intended for providing the approved method of transfer of business content from the sender to the receiver irrespective of transport realization;

business content – the part of the MH-message combined with business heading and intended for transfer of financial and (or) system information;

offset – the mechanism of calculations based on accumulating of MH-messages of banks senders for certain period with the subsequent multilateral settlement of counter monetary claims and obligations;

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