Procedure for Rounding Tyn Remainder Amounts to 50 Tyn in Cash Transactions in the Kyrgyz Republic

Back

Print Version

Date of creation: 2011-12-13

Approved by the Resolution of the Government of the Kyrgyz Republic and the National Bank of the Kyrgyz Republic dated «_____» _______________ 2011

No. ________________

Procedure for Rounding Tyn Remainder Amounts to 50 Tyn in Cash Transactions in the Kyrgyz Republic.

1. This Procedure for Rounding Amounts applies to all business entities and budgetary institutions.

2. Cash transactions shall be carried out with amount rounding as follows:

• if the tyn remainder amount is from 1 to 24 tyn, the tyn remainder value is rounded down to zero;
• if the tyn remainder amount is from 25 to 49 tyn, the tyn remainder value is rounded up to 50 tyn.
• if the tyn remainder amount is from 50 to 74 tyn, the tyn remainder value is rounded down to 50 tyn.
• if the tyn remainder amount is from 75 to 99 tyn, the tyn remainder value is rounded up to 1 som.

3. Non-cash transactions are carried out without rounding the tyn remainder.

Contacts
Public Reception Office: +996 (312) 61-04-86, +996 (312) 66-90-15, ext. +1257, +1256 Consumer Rights Protection Department: +996 (312) 66-90-15, ext. +1671, +1666 Report Corruption: +996 (312) 66-90-15, ext. +2120; +996 (312) 61-04-00 Official Exchange Rate Auto-Information System: +996 (312) 61-07-11 Numismatic Museum: +996 (312) 66-90-15, ext. +1232; +996 (312) 61-24-14 E-mail: mail@nbkr.kg Media Relations: press@nbkr.kg 720010, Kyrgyz Republic, Bishkek city, Kievskaya street, 189