of June 24, 1999 No. 47/3
About "The instruction about procedure for carrying out payments on interbank clearing system on the basis of paper payment documents"
Having considered the project "Instructions about Procedure for Carrying Out Payments on Interbank Clearing System on the basis of Paper Payment Documents" Board of National Bank of the Kyrgyz Republic decides:
1. Approve "The instruction about procedure for carrying out payments on interbank clearing system on the basis of paper payment documents" it (is applied).
2. Enact "The instruction about procedure for carrying out payments on interbank clearing system on the basis of paper payment documents" since August 1, 1999.
3. To management of payment systems to bring this Resolution to the attention of commercial banks, the National Automated Clearing House and Regional Managements of National Bank till July 15, 1999.
4. To impose control of execution of this Resolution on the Vice-chairman of National Bank of the Kyrgyz Republic Omorov Zh. D.
Acting Chairman of the board
Sarbanov U. K.
Approved by the Resolution of Board of National Bank of the Kyrgyz Republic of June 24, 1999 No. 47/3
1.1. This Instruction establishes procedure for transactions on preparation, transfer and processing of paper payment orders when carrying out payments on interbank clearing system of the Kyrgyz Republic.
1.2. Paper payment orders are delivered through interbank clearing system together with the corresponding files containing the complete information about the given payment instructions in format of the external ARACS interface.
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