RESOLUTION OF NATIONAL BANK OF THE REPUBLIC OF MOLDOVA

of July 8, 2014 No. 154

About change and amendment of Regulations about submission of the reporting for paying balance

Based on the item k) Art. 5 and Art. 72 of the Law on National Bank of Moldova (The official monitor of the Republic of Moldova, 1995, Art. No. 56-57, 624), with subsequent changes and amendments, DECIDES: Administrative board of National Bank of Moldova

1. In the Regulations about provision of the reporting for paying balance approved by Administrative board of National Bank of Moldova, the protocol No. 33 of September 11, 1997 (repeated publication: The official monitor of the Republic of Moldova, 2006, No. 5-8, of the Art. 25), with subsequent changes and amendments to make the following changes and additions:

The text "08001/4" to replace 1) In the text of Regulations with the text "08001/5".

Item 1.1 to state 2) in the following edition:

"1.1. Paying balance – the macroeconomic statistical document, it is systematized reflecting total cost of all transactions performed between residents and nonresidents for certain period of time.";

"The economic territory includes 3) in Item 1.2 after the text also: "the following parts will be numbered "by a)" and "b)" respectively;

Items 1.4 and 1.5 to state 4) in the following edition:

"1.4. According to these Regulations residents are:

a) the physical persons (citizens of the Republic of Moldova, foreign citizens and stateless persons) having the center of economic interest and the residence in the Republic of Moldova within one year and more, including which are located temporarily abroad;

b) students and patients, citizens of the Republic of Moldova, students or, respectively, being on medical treatment abroad, irrespective of stay duration abroad;

c) personnel of the international organizations placed in the territory of the Republic of Moldova which take the residence in the Republic of Moldova;

d) the legal entities (public and private law) created in compliance with the legislation of the Republic of Moldova, having the center of economic interest and the permanent location in the economic territory of the Republic of Moldova;

f) the representations of legal resident persons placed abroad which imply any separate divisions of the mentioned persons representing them and protecting them the interests;

g) the companies and the organizations which do not have the status of the legal entity, created according to the legislation of the Republic of Moldova with the location in the Republic of Moldova;

h) branches of legal nonresident persons, branches of the companies and the nonresident organizations which have no status of the legal entity, created according to the legislation of the Republic of Moldova, with the location in the Republic of Moldova which imply any separate divisions of the mentioned persons representing them and protecting them the interests;

i) diplomatic missions, consular establishments and other official representations of the Republic of Moldova abroad;

1.5. The nonresident – any physical person or legal entity which is not resident according to Item 1.4";

The word "joint-stock" to replace 5) in Item 1.6 with the word of "authorized";

Item 1.7 to state 6) in the following edition:

"1.7. Portfolio investments – the financial resources made by the nonresident/resident in the company the resident/nonresident in the form of shares (in the amount of less than 10 percent from the authorized capital), bonds and other securities.";

Item 1.8 to state 7) in the following edition:

"1.8. Financial derivatives are the financial instrument which cost depends on the cost of other financial instrument (or on the cost of some goods, on the level of the currency rate or on the level of interest rate, or on other asset / indicator) which can be realized in the financial markets in the speculative purposes or for the purpose of management of some specific financial risks, such as, by interest rate risk, currency risk, risk of the change in price for shares and goods, credit risk, etc. Financial derivatives: agreements forward, futures, swap, option and others.";

8) in Item 2.1 the word "to accounts:" to replace with the text "to groups of business accounts:";

The text" (in Moldovan lei or in any other currency)" to exclude 9) in Item 2.1.2;

Item 2.1.3 to state 10) in the following edition:

"2.1.3. The accounts of nonresidents (physical persons or legal entity) opened in resident banks including current accounts for transactions with cash cards;";

Item 2.1.4 to state 11) in the following edition:

"2.1.4. Accounts "Cash in cash desk and other monetary values" for transactions with nonresidents. In addition join in the report:

2.1.4.1. Transactions of collection and issue of cash in foreign currency or in Moldovan lei on transfers for / from abroad (for benefit of physical resident persons or nonresidents) and in the territory of the Republic of Moldova (only nonresidents), performed through systems of international money transfers;

2.1.4.2. Transactions of residents on issue of cash in foreign currency for official journeys abroad.";

Item 2.1.5 to add 12) with the text at the end: "with nonresidents.";

Items 2.2 and 2.3 to state 13) in the following edition:

"2.2. Electronic copies of payment documents with indication of fiscal code of the client of resident bank of the Republic of Moldova, except for the payment transactions initiated by licensed banks by means of SWIFT:

2.2.1. For the transactions classified as "Goods" according to appendix No. 4, the equivalent of which is equal in Moldovan lei or more than 1500000 (one million five hundred thousand) lei;

2.2.2. For the transactions classified by other groups according to appendix No. 4, equivalent of which in Moldovan lei it is equal or more than 300000 (three hundred thousand) lei;

2.3. The additional information on transactions of the report 08001/5 orally (by phone) or by e-mail of NBM (according to safety requirements) to the official address of the division responsible for creation of the report, according to the direct requirement of staff of National Bank of Moldova from the above-stated division.";

14) to add Item 2.4 of the following content:

"2.4. Responsible division of NBM for creation of the Report on the international transactions is the Department of the reporting and statistics.";

Items 3.1.1 - 3.1.12 to state 15) in the following edition:

"3.1.1. In the column "A" the accounting account is reflected – the analytical account for account group, specified in item 2.1 is specified. 1, 2.1.2 and 2.1.5, and for those which are noted in item 2.1. 3, 2.1.4, the synthetic account is specified.

3.1.2. In the column "B" the digital currency code in which the account, according to the ISO standards 4217 is opened is specified.

3.1.3. In the column "C" the digital country code according to the ISO standards 3166-1 is specified.

The country code on the transactions relating to business accounts and included in the report reflects the following features:

a) for accounts of "NOSTRO" – the country where the account is opened;

b) for accounts of "LORO" – the country where the bank which opened the account is located;

c) for accounts of nonresidents (legal entities and physical person) – country of source of the nonresident;

d) for accounts of the "Cash in Cash Desk and Other Monetary Values" group the country – the Republic of Moldova is specified.

3.1.4. In the column "D" transaction date is specified (for the line 999999999999999 – date of the last calendar day of month under report).

3.1.5. In the column "E" the transaction code according to appendix No. 4 is specified.

3.1.6. In the column "F" the digital country code of the nonresident partner, participant of transaction is specified. Specifying of country code of bank by means of which transaction is performed is not allowed. If two nonresidents participate in transaction, the country code of the nonresident who is not client of bank is specified. The country code is specified according to the ISO standards 3166-1.

3.1.7. In columns 1 (Debit) or 2 (Credit) the transaction amount in original currency with two figures after decimal divider is specified.

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