DECREE OF THE PRESIDENT OF THE REPUBLIC OF BELARUS

of November 4, 2008 No. 22

About guarantees of safety of money of the physical persons placed on accounts and (or) in bank deposits (deposits)

For the purpose of ensuring safety of money of the physical persons placed on accounts and (or) in deposits (deposits) in banks of the Republic of Belarus and according to part three of article 101 of the Constitution of the Republic of Belarus:

1. Determine that:

1.1. the state guarantees complete safety of money of physical persons in the Belarusian rubles and foreign currency placed on accounts and (or) in deposits (deposits) in banks and compensation of 100 percent of the amount of these means in account currency or contribution (deposit) in case of adoption by National Bank of the decision on response at bank of the special permission (license) for implementation of banking activity granting the right to implementation of banking activity on attraction of money of physical persons in bank deposits (deposits), in general or regarding implementation of such banking activity if other is not provided in subitem 1.2 of this Item;

1.2. compensation of money in the Belarusian rubles and foreign currency placed on accounts and (or) in deposits (deposits) in banks, to the physical person acting as the individual entrepreneur in case of the conclusion of bank account agreements and (or) bank deposit (deposit) is performed in the sizes established by the Law of the Republic of Belarus of July 8, 2008 No. 369-Z "About the guaranteed compensation of bank deposits (deposits) of physical persons";

1.3. compensation of money of physical persons in the Belarusian rubles and foreign currency placed on accounts and (or) in deposits (deposits) in banks is performed according to the procedure, stipulated by the legislation;

1.4. the money placed by physical persons (except for individual entrepreneurs) into accounts and (or) in deposits (deposits) in banks, their issue, and also transfer from accounts (deposits) in banks of other states to banks is not subject to declaring;

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