RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF BELARUS

of June 28, 2004 No. 98

About approval of the Instruction about procedure for conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus

Based on Articles 26, the Board of National Bank of the Republic of Belarus DECIDES: 30 Bank codes of the Republic of Belarus

1. Approve the enclosed Instruction about procedure for conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus.

2. Recognize to invalid:

the resolution of Board of National Bank of the Republic of Belarus of May 22, 2001 No. 115 "About approval of Rules of conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus" (The national register of legal acts of the Republic of Belarus, 2001, No. 59, 8/6219);

the resolution of Board of National Bank of the Republic of Belarus of April 11, 2002 No. 70 "About entering of amendment and change into the Rules of conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus approved by the resolution of Board of National Bank of the Republic of Belarus of May 22, 2001 No. 115" (The national register of legal acts of the Republic of Belarus, 2002, No. 51, 8/8038);

the resolution of Board of National Bank of the Republic of Belarus of December 31, 2002 No. 261 "About entering of amendment and changes into the Rules of conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus approved by the resolution of Board of National Bank of the Republic of Belarus of May 22, 2001 No. 115" (The national register of legal acts of the Republic of Belarus, 2003, No. 14, 8/8997).

Approved by the Resolution of Board of National Bank of the Republic of Belarus of June 28, 2004 No. 98

The instruction about procedure for conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus

Chapter 1. General provisions

1. The instruction about procedure for conducting cash transactions in cash foreign currency in the territory of the Republic of Belarus (daleeinstruktion) is developed according to articles 26 and 30 of the Bank code of the Republic of Belarus and establishes single procedure for carrying out, accounting, registration of cash transactions in cash foreign currency, and also the organization of control of observance of procedure for conducting cash transactions in cash foreign currency.

2. In relation to this Instruction the terms below have the following values:

divisions - all divisions of the legal entity, including separate divisions (branches, representations), their divisions;

cash foreign currency - the bank notes in the form of banknotes, treasury notes, coins which are in circulation and being legal means of payment in the corresponding foreign state or group of the states, and also withdrawn or withdrawn from circulation, but subject to exchange;

revenue - all cash foreign currency which arrived in cash desk of the legal entity, division, the individual entrepreneur, except for the cash foreign currency received from the current (settlement) and other bank account, and return of the cash foreign currency which is earlier issued on traveling expenses;

cash desk - the room or the place of acceptance, issue, storage of cash foreign currency, cash documents in foreign currency;

cash transactions - transactions of the legal entity, division, the individual entrepreneur among themselves, with bank and (or) with physical persons which are connected with acceptance in cash desk and (or) issue from cash desk of cash foreign currency with reflection of these transactions in the corresponding books of accounting;

cash balance limit - limiting remaining balance, the most admissible amount of cash foreign currency which can be in cash desk of the legal entity, divisions (at the individual entrepreneur in case of establishment to it cash balance limit), as of the end of the working day;

the servicing bank - the bank performing settlement and cash servicing of legal entities, divisions, individual entrepreneurs;

the distributor - person authorized by the head of the legal entity, division, the individual entrepreneur on cash disbursement of money;

the account of physical person - the account of physical person opened under the agreement of the current (settlement) bank account, bank deposit agreement (deposit), the agreement of maps accounts;

authorized persons - the agents, distributors, inspectors, sellers of small retail network and other responsible persons performing activities on behalf of the legal entity, the individual entrepreneur.

The terms "resident" and "nonresident" in this Instruction have the values determined in article 1 of the Law of the Republic of Belarus of July 22, 2003 "About currency control and currency exchange control" (The national register of legal acts of the Republic of Belarus, 2003, No. 85, 2/978).

The terms of "maps accounts", "personal card", "corporate card", "maps checks" applied in this Instruction have the values determined in Item 2 of the Instruction on procedure for making of transactions with bank plastic cards approved by the resolution of Board of National Bank of the Republic of Belarus of April 30, 2004 No. 74 (The national register of legal acts of the Republic of Belarus, 2004, No. 87, 8/10996; 2007, No. 84, 8/16075).

3. The instruction is obligatory for accomplishment by legal entities, the divisions performing the activities in the territory of the Republic of Belarus and also the individual entrepreneurs having the current (settlement) and other bank accounts opened according to the legislation in foreign currency in banks and performing activities in the territory of the Republic of Belarus (further - individual entrepreneurs).

On National Bank, banks and the non-bank credit and financial organizations of the Republic of Belarus the requirements provided in Items 25-31, 33-35, 37 of this Instruction regarding observance of procedure for issue of cash foreign currency by them on receipt extend to traveling expenses, the term of return of the unused amounts issued on receipt.

4. The cash foreign currency of legal entities, divisions, individual entrepreneurs is subject to obligatory transfer and storage on the corresponding accounts in banks if other is not stipulated by the legislation.

Legal entities, divisions, individual entrepreneurs, authorized persons can hand over cash foreign currency:

in cash desks of banks according to the legislation;

to employees of service of collection according to the legislation.

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