On Amendments and Additions to the Rules for Accounting of Cash Operations in Banks of the Republic of Uzbekistan

Resolution of the Board of the Central Bank of the Republic of Uzbekistan, registered on October 21, 2016, registration number 1602-1

Date of entry into force

24.10.2016

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25.04.2023

24.10.2016

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Document lost its force 25.04.2023

[OKOS:

1.07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.21.00.00 Banking Activity / 07.21.17.00 Accounting and reporting in banks;

2.07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.29.00.00 Accounting. Financial Reporting / 07.29.04.00 Accounting for monetary funds, currency, low-value and fast-wearing items;

3.21.00.00.00 Comprehensive documents on amendments and additions / 21.04.00.00 Departmental normative legal documents]

[TSZ:

1. Finance / Banks and other credit institutions. Credits;

2. Finance / Accounting]

Resolution of the Board of the Central Bank of the Republic of Uzbekistan

On Amendments and Additions to the Rules for Accounting of Cash Operations in Banks of the Republic of Uzbekistan

[Registered by the Ministry of Justice of the Republic of Uzbekistan on October 21, 2016, registration number 1602-1]

This resolution loses its force based on the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 4/7 dated March 7, 2023, "On Recognizing Certain Departmental Normative Legal Documents Adopted by the Central Bank of the Republic of Uzbekistan as Losing Their Force" [resolution](/docs/6439251?ONDATE=25.04.2023 00#6439329) (registration number 3428, dated April 20, 2023).

In accordance with the Law of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" Law, the Board of the Central Bank of the Republic of Uzbekistan resolves:

1. Amendments and additions shall be made to the [Rules](/docs/1033187?ONDATE=03.08.2006 00#1033230) for Accounting of Cash Operations in Banks of the Republic of Uzbekistan, approved by the Resolution of the Board of the Central Bank of the Republic of Uzbekistan No. 13/6 dated June 15, 2006 (registration number 1602, dated July 24, 2006) (Collection of Legislation of the Republic of Uzbekistan, 2006, No. 30, Article 299), in accordance with the Appendix.

2. This resolution enters into force from the date of its official publication.

Chairman of the Central Bank F. MULLAJONOV

Tashkent city,

September 17, 2016,

No. 28/5

Appendix

to the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated September 17, 2016, No. 28/5 resolution

Amendments and Additions to the Rules for Accounting of Cash Operations in Banks of the Republic of Uzbekistan

1. Paragraph 1 [paragraph 1](/docs/1033187?ONDATE=03.08.2006 00#1033245) shall be stated in the following wording:

"1. In accounting for cash operations in banks, the following accounts from the 'Accounting Plan of Commercial Banks of the Republic of Uzbekistan' (registration number 773-17, dated August 13, 2004), and the 'Accounting Plan of the Central Bank of the Republic of Uzbekistan' are used:

10101 — Cash in circulation

10102 — Cash reserves

10103 — Cash in currency exchange branches

10107 — Cash in ATMs

10109 — Cash in transit and other payment documents

10111 — Cash in operational cash desks located outside the bank building

10198 — Cash reserves submitted to the Central Bank

10307 — Funds to be received from the Central Bank — Cash

10311 — Funds to be received for cash reserves submitted to the Central Bank

10507 — Funds to be received from other banks — Cash

10511 — Funds to be received from other banks regarding cash funds issued from plastic cards of individuals

16101 — Funds to be received from head banks/branches — Cash

16103 — Funds to be received from head banks/branches regarding inter-branch and inter-bank settlements

16103 — Funds to be received from inter-branch and inter-bank settlements of the Central Bank/branches/agencies (Central Bank)

16111 — Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals

17301 — Transit accounts

17401 — Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals

19903 — Collected cash receipts and checks

19935 — Shortages of cash identified during recounting

21008 — Funds to be paid to other banks — Cash

21012 — Funds to be paid to other banks regarding cash funds issued from plastic cards of individuals

21307 — Funds received from resident banks for cash withdrawal (Central Bank)

21314 — Funds to be paid for cash reserves submitted by resident banks (Central Bank)

22202 — Funds to be paid to head banks/branches — Cash

22212 — Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals

23116 — Transit accounts for funds to be transferred to plastic cards of individuals regarding cash

23122 — Transit accounts for funds to be transferred regarding plastic cards used by individuals who deposited cash at bank cash desks for foreign currency purchase

23504 — Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals

29804 — Collected cash receipts and checks of other bank clients

29816 — Excess cash identified during recounting

29824 — Targeted settlements of individuals regarding cash funds

These accounts are used to perform accounting entries for clients' deposit, bank plastic card, and credit accounts."

2. Section 2 [name](/docs/1033187?ONDATE=03.08.2006 00#1033282) shall be stated in the following wording:

"Accounting of income and expense operations performed in bank cash desks."

3. Paragraph 2 [paragraph 2](/docs/1033187?ONDATE=03.08.2006 00#1033284) shall be stated in the following wording:

"2. When cash is deposited into bank cash desks, the following accounting entries are performed:

a) by bringing cash directly by economic entities that are bank clients in accordance with legislation, and when individuals deposit cash into deposits:

Debit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Credit 'Client's deposit account';

b) when individuals deposit cash for one-time payments (tax payments, fines, utilities, and other payments):

Debit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Credit 29824 — 'Targeted settlements of individuals regarding cash funds';

c) when individuals deposit cash for loan repayment:

Debit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Credit 'Client's corresponding credit account'

or

Credit 12599 — 'Reserve for possible losses on short-term loans issued to individuals (contra-asset)' and 14999 — 'Reserve for possible losses on long-term loans issued to individuals (contra-asset)' (when loans accounted for in off-balance sheet accounts are paid);

d) when individuals deposit cash for interest payments on loans obtained:

Debit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Credit 16309 — 'Accrued interest on loans'

or

Credit 16377 — 'Accrued but unpaid interest receivable'

or

Credit 42005 — 'Interest income on overdue loans issued to individuals' (when interest on loans accounted for in off-balance sheet accounts is paid);

e) when individuals pay penalties and fines for overdue interest on loans in cash:

Debit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Credit 16405 — 'Accrued fines and penalties';

f) when individuals deposit cash for depositing onto their plastic cards:

Debit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Credit 23116 — 'Transit accounts for funds to be transferred to plastic cards of individuals regarding cash' and 23122 — 'Transit accounts for funds to be transferred regarding plastic cards used by individuals who deposited cash at bank cash desks for foreign currency purchase'

Debit 23116 — 'Transit accounts for funds to be transferred to plastic cards of individuals regarding cash' and 23122 — 'Transit accounts for funds to be transferred regarding plastic cards used by individuals who deposited cash at bank cash desks for foreign currency purchase'

Credit 22618 — 'Obligations regarding plastic cards of individuals' and 22617 — 'Obligations regarding pensioners' plastic cards';

g) when clients deposit cash at the bank cash desk for bank service fees:

Debit 10101 — 'Cash in circulation'

Credit 4XXXX — Corresponding income accounts."

4. Paragraph 3 [paragraph 3](/docs/1033187?ONDATE=03.08.2006 00#1033306) shall be stated in the following wording:

"3. When cash is issued from the bank cash desk to clients for wages and payments equalized thereto, dividends, business trip expenses, pensions, and material assistance funds, as well as other payments provided for by legislation, it is performed through the following accounting entry.

Debit 'Client's deposit and credit accounts'

Credit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational (operating) cash desks located outside the bank building'.

5. Paragraphs 31, 32, and 33 shall be supplemented in the following wording:

"31. When cash is issued from the bank cash desk to individuals who are clients of this branch from their plastic cards, the following accounting entries are performed:

Debit 17401 — 'Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals'

Credit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational (operating) cash desks located outside the bank building'

Debit 22618 — 'Obligations regarding plastic cards of individuals' and 22617 — 'Obligations regarding pensioners' plastic cards'

Credit 23504 — 'Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals'

Debit 23504 — 'Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals'

Credit 17401 — 'Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals'.

32. When cash is issued from the bank cash desk to individuals who are clients of another branch of this bank from their plastic cards, the following accounting entries are performed:

At the branch of the bank issuing cash:

Debit 17401 — 'Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals'

Credit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Debit 16111 — 'Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals'

Credit 23504 — 'Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals'

Debit 23504 — 'Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals'

Credit 17401 — 'Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals'

At another branch of the bank:

Debit 22618 — 'Obligations regarding plastic cards of individuals'

Credit 22212 — 'Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals'

Debit 22212 — 'Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals'

Credit 16111 — 'Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals' (branch issuing cash)

33. When cash is issued from bank cards of individuals who are clients of other banks, the following accounting entries are performed:

At the branch of the bank issuing cash:

Debit 17401 — 'Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals'

Credit 10101 — 'Cash in circulation' / 10111 — 'Cash in operational cash desks located outside the bank building'

Debit 16111 — 'Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals'

Credit 23504 — 'Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals'

Debit 23504 — 'Transit accounts for cash issued from plastic cards, funds transferred to plastic cards or deposit accounts of individuals'

Credit 17401 — 'Transit accounts for funds to be written off regarding cash obtained from plastic cards of individuals'

At the Head Office of the bank issuing cash:

Debit 10511 — 'Funds to be received from other banks regarding cash funds issued from plastic cards of individuals'

Credit 22212 — 'Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals'

Debit 22212 — 'Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals'

Credit 16111 — 'Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals' — Branch issuing cash

At the Head Office of the bank where the plastic card was opened:

Debit 16111 — 'Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals'

Credit 21012 — 'Funds to be paid to other banks regarding cash funds issued from plastic cards of individuals'

Debit 21012 — 'Funds to be paid to other banks regarding cash funds issued from plastic cards of individuals'

Credit 10511 — 'Funds to be received from other banks regarding cash funds issued from plastic cards of individuals' — Head Office of the bank issuing cash

At the branch of the bank where the plastic card was opened:

Debit 22618 — 'Obligations regarding plastic cards of individuals'

Credit 22212 — 'Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals'

Debit 22212 — 'Funds to be paid to head banks/branches regarding cash funds issued from plastic cards of individuals'

Credit 16111 — 'Funds to be received from head banks/branches regarding cash funds issued from plastic cards of individuals' — Head Office

6. Section 2 [Section 2](/docs/1033187?ONDATE=03.08.2006 00#1033282) shall be supplemented with paragraphs 51 and 52 in the following wording:

"51. When cash reserves submitted to the Central Bank are credited to account 10198 — 'Cash reserves submitted to the Central Bank', two accounting entries are performed simultaneously:

Debit 17301 — 'Transit accounts'

Credit 10101 — 'Cash in circulation'

Debit 10198 — 'Cash reserves submitted to the Central Bank'

Credit 17301 — 'Transit accounts'

52. When funds in account 10198 — 'Cash reserves submitted to the Central Bank' are allowed to be sent to the Accounting Cash Centers of the Regional Main Directorates of the Central Bank, based on service orders of the Regional Main Directorates of the Central Bank, to branches of other commercial banks, and to other branches of the same bank, or to be expensed for the needs of this bank branch, two accounting entries are performed simultaneously:

Debit 17301 — 'Transit accounts'

Credit 10198 — 'Cash reserves submitted to the Central Bank'

Debit 10101 — 'Cash in circulation'

Credit 17301 — 'Transit accounts'.

7. The words 'Debit 10103VVV —