Regulatory Alerts2005-08-05 | ПҚ-147Added · Updated
42B On Guarantees for Uninterrupted Provision of Cash Payments from Deposit Accounts in Banks
This resolution requires commercial banks to ensure uninterrupted cash payments from deposit accounts for individuals and economic entities without restrictions. It mandates the Central Bank to enforce compliance using all legal mechanisms, including license revocation for systematic delays, and stipulates that branch heads must be dismissed if cash payment rules are violated more than three times per month. The document sets a deadline of September 1, 2005, for reviewing cash disbursement procedures and assigns execution control to the Prime Minister and the Chairman of the Central Bank.
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