RESOLUTION OF BOARD OF NATIONAL BANK OF THE KYRGYZ REPUBLIC

of February 13, 2002 No. 8/6

About the Rules "About Crediting (Overdraft) on Bank Payment Cards"

Having considered the draft of the Rules "About Crediting (Overdraft) on Bank Payment Cards", the Board of National Bank of the Kyrgyz Republic decides:

1. Approve the Rules "About Crediting (Overdraft) on Bank Payment Cards" and enact them from the moment of signing.

2. Ceased to be valid.

3. To management of methodology of supervision and licensing of National Bank of the Kyrgyz Republic to bring this resolution to the attention of commercial banks, OJSC RSK and other financial credit institutes, the licensed NBKR, structural divisions and regional (regional) managements of NBKR.

4. To impose control of execution of this resolution on Sharshekeeva K. Sh., vice-chairman of National Bank of the Kyrgyz Republic.

Approved by the Resolution of Board of National Bank of the Kyrgyz Republic of February 13, 2002 No. 8/6

Rules about crediting (overdraft) on bank payment cards

I. General provisions

1.1. Ceased to be valid according to the Resolution of Board of National Bank of the Kyrgyz Republic of 15.06.2017 No. 2017-P-12/25-12

1.2. Rules establish procedure and procedure for granting of short-term loan (overdraft) to physical persons on bank payment cards the commercial banks and financial credit institutions licensed by National Bank (further - banks).

1.3. In bank internal procedures of provision of the overdraft on payment cards shall be developed. In case of development of internal procedures about overdraft crediting, the bank needs to be guided by the legislation of the Kyrgyz Republic, regulatory legal acts of National Bank.

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