Regulatory Alerts2006-03-02 | 81370Rules for Filling Out Formats of Electronic Payment Documents and Messages of the Batch Clearing System for Small Retail and Regular Payments in the Kyrgyz Republic
The National Bank of the Kyrgyz Republic issued these Rules to standardize the electronic formats and SWIFT-based messages for its Batch Clearing System (BCS) handling small retail and regular payments. The document mandates precise field structures, header configurations, and message types for participants and sub-participants to ensure accurate transmission, status tracking, recall, and statistical reporting of payment batches. It further defines conversion rules for net position files, debit limits, and error handling protocols to guarantee seamless real-time gross settlement processing.
Share