RESOLUTION OF BOARD OF NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

of August 31, 2016 No. 206

About approval of the size of limit of payments and money transfers on correspondent accounts of banks, branches of nonresident banks of the Republic of Kazakhstan and the organizations performing separate types of banking activities

According to the subitem 7) of the paragraph of the fourth of part two of Item 19 of the Regulations on National Bank of the Republic of Kazakhstan approved by the Presidential decree of the Republic of Kazakhstan of December 31, 2003 No. 1271 "About approval of the Provision and structure of National Bank of the Republic of Kazakhstan" the Board of National Bank of the Republic of Kazakhstan DECIDES:

1. Approve the size of limit of payments and money transfers of correspondent accounts of banks, branches of banks - the nonresidents of the Republic of Kazakhstan and the organizations performing separate types of the banking activities performed by them in current month through the correspondent accounts opened between this bank, bank branch - the nonresident of the Republic of Kazakhstan or the organization performing separate types of banking activities and his partners, in the amount which is not exceeding five percent from the total amount of outgoing cashless payments of bank, bank branch - the nonresident of the Republic of Kazakhstan and the organization performing separate types of the banking activities performed for the last month through interbank money transfer system and system of interbank clearing less the amount of debit net line item by results of clearing in system of interbank clearing.

2. Recognize to invalid:

1) the resolution of Board of National Bank of the Republic of Kazakhstan of July 25, 2003 No. 236 "About the size of limit of payments and money transfers of correspondent accounts of the banks and organizations performing separate types of banking activities" (registered in the Register of state registration of regulatory legal acts at No. 2461);

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