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

Registration Date: April 20, 2023, Registration Number 3336-1

Effective Date: April 25, 2023

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[OKOZ:

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 / 07.22.00.00 Lending / 07.22.03.00 Loans of Commercial Banks;

3.07.00.00.00 Legislation on Finance and Credit. Banking Activity / 07.29.00.00 Accounting. Financial Reporting / 07.29.07.00 Accounting in Specific Industries]

[TSZ:

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

2. Finance / Accounting]

RESOLUTION OF THE BOARD OF THE CENTRAL BANK OF THE REPUBLIC OF UZBEKISTON

On Amendments and Additions to the Chart of Accounts for Accounting in Commercial Banks

[Registered by the Ministry of Justice of the Republic of Uzbekistan on April 20, 2023, Registration Number 3336-1]

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

1. Amendments and additions shall be made to the Appendix to the [Chart of Accounts](/docs/5744540?ONDATE=27.02.2022 00#5746854) for accounting in commercial banks, approved by Resolution No. 20/4 of the Board of the Central Bank of the Republic of Uzbekistan dated November 18, 2021 (Registration Number 3336, dated November 26, 2021) (, 26.11.2021y.,10/21/3336/1101-number).

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

Chairman M. NURMURATOV

Tashkent city,

March 7, 2023,

No. 4/6

APPENDIX

to the Resolution of the Board of the Central Bank of the Republic of Uzbekistan dated March 7, 2023, No. 4/6

Amendments and Additions to the Chart of Accounts for Accounting in Commercial Banks

1. The [Introduction](/docs/5744540?ONDATE=27.02.2022 00#5746862) shall be stated in the following edition:

"This document establishes the single methodological foundations for organizing and maintaining accounting in commercial banks (hereinafter referred to as the Bank in the text).".

2. In [Chapter 2](/docs/5744540?ONDATE=27.02.2022 00#5746970):

1. The words "(asset-liability)" shall be added after the words "change in fair value" in the name of balance sheet account 10795;

2. The words "(asset-liability)" shall be added after the words "change in actual value" in the name of balance sheet account 10895;

3. The word "capital" in the names of balance sheet accounts 11813, 12900, 12901, 12905, 12909, 12999, 15300, 15301, 15305, 15399, 15609, 20214, 20414, 20614, 22312, 42400, 42401, 42405, 42409, 44500, 44501, 44505, 45013, 45109, 50114, 50614, 51114, 54312 shall be replaced with the word "investments";

4. The name of balance sheet account 12921 shall be stated in the following edition:

"12921 Short-term loans granted to enterprises with foreign investment participation under state programs";

5. Balance sheet account 15321 with the following content shall be added after balance sheet account "15305 Long-term loans with restructured terms granted to enterprises with foreign investment participation":

"15321 Long-term loans granted to enterprises with foreign investment participation under state programs";

6. The words "State Fund for Supporting Business Activity" in the name of balance sheet account 16325 shall be replaced with the words "State Target Funds";

7. Balance sheet account 17500 shall be added after balance sheet account "17409 Transit accounts for funds to be debited from bank cards for other payments provided for by legislation":

"17500 Government Accounts";

8. Balance sheet accounts 17700, 17701, 17703, and 17705 with the following content shall be added after balance sheet account "17515 Republic Budget - Special Expenses":

"17700 Reserve (contra-asset) for assets classified as standard

17701 Reserve (contra-asset) for standard loans, leasing, and factoring

17703 Reserve created for interest and brokerage fees on standard assets (contra-asset)

17705 Reserve created for other standard assets (contra-asset)";

9. Balance sheet account 19951 with the following content shall be added after balance sheet account "19949 Frozen Assets":

"19951 Receivables - Settlements with the Currency Exchange of the Republic of Uzbekistan";

10. Balance sheet account "20405 Reserve Deposits of Extra-budgetary Funds" shall be deleted;

11. Balance sheet accounts 20814 and 20816 with the following content shall be added after balance sheet account "20806 Funds to be paid to the representation account at the Central Bank - Nostro, overdraft":

"20814 Funds to be paid to the Central Bank - Quick Payment System

20816 Funds to be paid to the Central Bank - Central Bank Clearing System";

12. The words "Ministry of Finance" in the names of balance sheet accounts 21604, 22004, 23208, 23210, 23222 shall be replaced with the words "Ministry of Economy and Finance of the Republic of Uzbekistan";

13. Balance sheet account 22613 shall be added after balance sheet account "22612 Money transfers and subscriptions to periodicals carried out by structural subdivisions of JSC "Uzbekiston Pochtasi"":

"22613 Customer's accumulated funds for conversion in the currency market";

14. Balance sheet accounts 22646, 22648 shall be added after balance sheet account "22644 Liabilities for customers' metal accounts":

"22646 Liabilities for customers' investment funds

22648 Funds for financing customers' "green energy" projects";

15. The words "State Customs Committee" in the name of balance sheet account 23110 shall be replaced with the words "Customs Committee under the Ministry of Economy and Finance";

16. The words "Non-working pensioners" in the name of balance sheet account 23112 shall be replaced with the word "Pensioners";

17. The words "Treasury of the Ministry of Finance" in the name of balance sheet account 23212 shall be replaced with the words "Committee of the Treasury Service under the Ministry of Economy and Finance of the Republic of Uzbekistan";

18. The word "Treasury's" in the name of balance sheet account 23214 shall be replaced with the words "Committee of the Treasury Service under the Ministry of Economy and Finance of the Republic of Uzbekistan";

19. Balance sheet account 29807 with the following content shall be added after balance sheet account "29806 Other non-interest expenses accrued for payment":

"29807 Reserve for items in off-balance sheet accounts";

20. The words "to the Ministry of Finance" in the name of balance sheet account 29840 shall be replaced with the words "to the Ministry of Economy and Finance of the Republic of Uzbekistan";

21. Balance sheet account "30911 Reserve for Standard Assets" shall be deleted;

22. Balance sheet account 44907 with the following content shall be added after balance sheet account "44905 Interest income on resources submitted to the main bank/branch":

"44907 Interest income on derivative instruments";

23. Balance sheet account 45924 with the following content shall be added after balance sheet account "45921 Return of debited funds":

"45924 Return of debited assets";

24. Balance sheet account 54908 with the following content shall be added after balance sheet account "54904 Interest expenses on resources received from the main bank/branch":

"54908 Interest expenses on derivative instruments";

25. Balance sheet account 56839 with the following content shall be added after balance sheet account "56838 Assessment of Possible Losses - Leasing (financial lease)":

"56839 Assessment of Possible Losses - Accrued Interest Receivable";

26. Balance sheet accounts 57700, 57701, 57703, 57705, and 57707 with the following content shall be added after balance sheet account "56902 Profit Tax Assessment":

"57700 Reserve expenses for standard assets and items in off-balance sheet accounts

57701 Reserve expenses for standard loans, leasing, and factoring

57703 Reserve expenses for interest and brokerage fees on standard assets

57705 Reserve expenses for other standard assets

57707 Reserve expenses for items in off-balance sheet accounts";

27. Off-balance sheet account 92710 with the following content shall be added after off-balance sheet account "92709 Sale under Forward Agreement":

"92710 Sale under Settlement Forward Agreement";

28. Off-balance sheet account 92717 with the following content shall be added after off-balance sheet account "92716 Purchase under Forward Agreement":

"92717 Purchase under Settlement Forward Agreement";

29. Off-balance sheet account 94505 with the following content shall be added after off-balance sheet account "94504 Securities pledged as collateral for received loans and leases":

"94505 Assets pledged by the bank for received loans";

30. The name of off-balance sheet account 95413 shall be stated in the following edition:

"95413 Debited Loans, Leases, and Factoring";

31. Off-balance sheet account 96366 with the following content shall be added after off-balance sheet account "96365 Contra-account for Sale under Forward Agreement":

"96366 Contra-account for Sale under Settlement Forward Agreement";

32. Off-balance sheet account 96368 with the following content shall be added after off-balance sheet account "96367 Contra-account for Purchase under Forward Agreement":

"96368 Contra-account for Purchase under Settlement Forward Agreement".

3. In [Chapter 3](/docs/5744540?ONDATE=27.02.2022 00#5750905):

1. The words "(asset-liability)" shall be added after the words "change in fair value" in the name of balance sheet account 10795;

2. The words "(asset-liability)" shall be added after the words "change in actual value" in the name of balance sheet account 10895;

3. The word "capital" in the name and definition of balance sheet accounts 11813, 12900, 12901, 12905, 12909, 12999, 15300, 15301, 15305, 15399, 15609, 20214, 20414, 20614, 22312, 42400, 42401, 42405, 42409, 44500, 44501, 44505, 45013, 45109, 50114, 50614, 51114, 54312 shall be replaced with the word "investments";

4. The name and definition of balance sheet account 12921 shall be stated in the following edition:

"12921 Short-term loans granted to enterprises with foreign investment participation under state programs

Definition of the account: Accounting is maintained for loans (including other operations that are loans in substance) granted to enterprises with foreign investment participation under state programs for a term of up to 1 year.

The debit of the account reflects the amount of granted loans.

The credit of the account reflects the amount of repaid and/or reclassified loans according to another status.

Analytical accounting is maintained in separate personal accounts depending on the loan contracts for each debtor.";

5. The words "Ministry of Finance" in the name and definition of balance sheet accounts 13301, 13305, 13399, 14301, 14399, 20202, 21604, 22004, 23208, 23210, 23222 shall be replaced with the words "Ministry of Economy and Finance of the Republic of Uzbekistan";

6. The name and definition of balance sheet account 15321 shall be added after the definition of balance sheet account "15305 Long-term loans with restructured terms granted to enterprises with foreign investment participation":

"15321 Long-term loans granted to enterprises with foreign investment participation under state programs

Definition of the account: Accounting is maintained for loans (including other operations that are loans in substance) granted to enterprises with foreign investment participation under state programs for a term of more than 1 year.

The debit of the account reflects the amount of granted loans.

The credit of the account reflects the amount of repaid and/or reclassified loans according to another status.

Analytical accounting is maintained in separate personal accounts depending on the loan contracts for each debtor.";

7. The words "State Fund for Supporting Business Activity" in the name and definition of balance sheet account 16325 shall be replaced with the words "State Target Funds";

8. Balance sheet account 17500 shall be added after the definition of balance sheet account "17409 Transit accounts for funds to be debited from bank cards for other payments provided for by legislation":

"17500 Government Accounts";

9. The name and definition of balance sheet accounts 17700, 17701, 17703, and 17705 shall be added after the definition of balance sheet account "17515 Republic Budget - Special Expenses":

"17700 Reserve (contra-asset) for assets classified as standard

17701 Reserve (contra-asset) for standard loans, leasing, and factoring

17703 Reserve created for interest and brokerage fees on standard assets (contra-asset)

17705 Reserve created for other standard assets (contra-asset)

Since the above-mentioned balance sheet accounts are identical in their nature, their definition is provided in a generalized form.

Definition of the account: Accounting is maintained for reserves (contra-assets) created for standard loans, leasing, and factoring, interest and brokerage fees on assets, and other assets.

The credit of the account reflects the amount of the established reserve and/or the increase in the reserve.

The debit of the account reflects the decrease and/or cancellation of the reserve.

Analytical accounting is maintained in separate personal accounts.";

10. The name and definition of balance sheet account 19951 shall be added after the definition of balance sheet account "19949 Frozen Assets":

"19951 Receivables - Settlements with the Currency Exchange of the Republic of Uzbekistan

Definition of the account: Accounting is maintained for the funds receivable by the bank from the Currency Exchange of the Republic of Uzbekistan.

The debit of the account reflects the amount of funds receivable by the bank from the Currency Exchange of the Republic of Uzbekistan.

The credit of the account reflects the amount of funds received by the bank from the Currency Exchange of the Republic of Uzbekistan.

Analytical accounting is maintained in separate personal accounts.";

11. Balance sheet account "20405 Reserve Deposits of Extra-budgetary Funds" shall be deleted;

12. The name and definition of balance sheet accounts 20814 and 20816 shall be added after the definition of balance sheet account "20806 Funds to be paid to the representation account at the Central Bank - Nostro, overdraft":

"20814 Funds to be paid to the Central Bank - Quick Payment System

Definition of the account: Accounting is maintained for funds to be paid under the Quick Payment System.

The credit of the account reflects the accounting of funds received in the name of the bank and its customers.

The debit of the account reflects funds debited for bank liabilities and customer orders.

Analytical accounting is maintained in one personal account.

20816 Funds to be paid to the Central Bank - Central Bank Clearing System

Definition of the account: Accounting is maintained for funds to be paid under the Central Bank Clearing System.

The credit of the account reflects the accounting of funds received in the name of the bank and its customers.

The debit of the account reflects funds debited for bank liabilities and customer orders.

Analytical accounting is maintained in one personal account.";

13. The name and definition of balance sheet account 22613 shall be added after the definition of balance sheet account "22612 Money transfers and subscriptions to periodicals carried out by structural subdivisions of JSC "Uzbekiston Pochtasi"":

"22613 Customer's accumulated funds for conversion in the currency market

Definition of the account: Accounting is maintained for customers' accumulated target funds in sums for conversion in the currency market.

The credit of the account reflects the amount of funds accumulated in sums for conversion, as well as the amount of funds in sums previously debited from this account and not converted for their intended purpose within the specified period.

The debit of the account reflects the amount of funds in sums directed for conversion, as well as the amount of funds in sums not used for their intended purpose, debited in the prescribed manner.

Analytical accounting is maintained in separate personal accounts for each customer.";

14. The name and definition of balance sheet accounts 22646, 22648 shall be added after the definition of balance sheet account "22644 Liabilities for customers' metal accounts":

"22646 Liabilities for customers' investment funds

Definition of the account: Accounting is maintained for customers' investment funds.

The credit of the account reflects the amount of investment funds belonging to customers.

The debit of the account reflects the amount of debited/returned investment funds.

Analytical accounting is maintained in separate personal accounts for each customer.

22648 Funds for financing customers' "green energy" projects

Definition of the account: Accounting is maintained for funds for financing customers' "green energy" projects.

The credit of the account reflects the amount of funds received into the customers' accounts.

The debit of the account reflects the amount of debited/returned funds.

Analytical accounting is maintained in separate personal accounts for each customer.";

15. The name and definition of balance sheet account 23110 shall be updated by replacing the words "State Customs Committee" with "Customs Committee under the Ministry of Economy and Finance";

16. The name and definition of balance sheet account 23112 shall be updated by replacing the words "Non-working pensioners" with "Pensioners";

17. The name and definition of balance sheet account 23212 shall be updated by replacing the words "Treasury of the Ministry of Finance" and "from the Treasury of the Ministry of Finance" with "Committee of the Treasury Service under the Ministry of Economy and Finance of the Republic of Uzbekistan" and "from the Committee of the Treasury Service under the Ministry of Economy and Finance of the Republic of Uzbekistan", respectively;

18. The name and definition of balance sheet account 23214 shall be updated by replacing the word "Treasury's" with "Committee of the Treasury Service under the Ministry of Economy and Finance of the Republic of Uzbekistan";

19. The words "of the Ministry of Finance" in the debits of balance sheet accounts 23224, 23226 shall be replaced with the words "of the Ministry of Economy and Finance of the Republic of Uzbekistan";

20. The name and definition of balance sheet account 29807 shall be added after the definition of balance sheet account "29806 Other non-interest expenses accrued for payment":

"29807 Reserve for items in off-balance sheet accounts

Definition of the account: Accounting is maintained for reserves created for items in standard off-balance sheet accounts.

The credit of the account reflects the amount of reserves created for items in standard off-balance sheet accounts.

The debit of the account reflects the amounts of reserves created for items in standard off-balance sheet accounts that have been debited, returned.

Analytical accounting is maintained in separate personal accounts depending on the type of reserve created for items in standard off-balance sheet accounts.";

21. The words "to the Ministry of Finance" in the name of balance sheet account 29840 shall be replaced with the words "to the Ministry of Economy and Finance of the Republic of Uzbekistan";

22. The name and definition of balance sheet account "30911 Reserve for Standard Assets" shall be deleted;

23. The name and definition of balance sheet account 44907 shall be added after the definition of balance sheet account "44905 Interest income on resources submitted to the main bank/branch":

"44907 Interest income on derivative instruments

Definition of the account: Accounting is maintained for interest income on derivative instruments.

The credit of the account reflects the amount of accrued interest income receivable on derivative instruments.

The debit of the account reflects the amount of returned incorrectly calculated or paid interest, as well as the income amount closed to account 31206 as a financial result at the end of the financial reporting year.";

24. The word "foreign" shall be deleted from the credit of balance sheet account "45265 Income received for brokerage services on bank cards";

25. The name and definition of balance sheet account 45924 shall be added after the definition of balance sheet account "45921 Return of debited funds":

"45924 Return of debited assets

Definition of the account: Accounting is maintained for the return amount of assets debited from reserves established after January 1, 2022, as well as the return amount of reserves created in previous years as a result of reclassification.

The credit of the account reflects the amount of income received for the return of assets debited from reserves established after January 1, 2022, as well as the return amount of reserves created in previous years as a result of reclassification.

The debit of the account reflects the amount of returned incorrectly received income, as well as the amount of income transferred to account 31206 as the bank's financial result at the end of the financial reporting year.";

26. The name and definition of balance sheet account 54908 shall be added after the definition of balance sheet account "54904 Interest expenses on resources received from the main bank/branch":

"54908 Interest expenses on derivative instruments

Definition of the account: Accounting is maintained for interest expenses on derivative instruments.

The debit of the account reflects the amount of interest expenses accrued for payment on derivative instruments.

The credit of the account reflects the amount of returned incorrectly calculated and/or paid interest, as well as the amount transferred to account 31206 as a financial result at the end of the financial reporting year.";

27. Balance sheet account 56839 shall be added after balance sheet account "56838 Assessment of Possible Losses - Leasing (financial lease)":

"56839 Assessment of Possible Losses - Accrued Interest Receivable";

28. The name and definition of balance sheet accounts 57700, 57701, 57703, 57705, and 57707 shall be added after the definition of balance sheet account "56902 Profit Tax Assessment":

"57700 Reserve expenses for standard assets and items in off-balance sheet accounts

57701 Reserve expenses for standard loans, leasing, and factoring

57703 Reserve expenses for interest and brokerage fees on standard assets

57705 Reserve expenses for other standard assets

57707 Reserve expenses for items in off-balance sheet accounts";

29. Off-balance sheet account 92710 shall be added after off-balance sheet account "92709 Sale under Forward Agreement":

"92710 Sale under Settlement Forward Agreement";

30. Off-balance sheet account 92717 shall be added after off-balance sheet account "92716 Purchase under Forward Agreement":

"92717 Purchase under Settlement Forward Agreement";

31. Off-balance sheet account 94505 shall be added after off-balance sheet account "94504 Securities pledged as collateral for received loans and leases":

"94505 Assets pledged by the bank for received loans";

32. The name of off-balance sheet account 95413 shall be stated in the following edition:

"95413 Debited Loans, Leases, and Factoring";

33. Off-balance sheet account 96366 shall be added after off-balance sheet account "96365 Contra-account for Sale under Forward Agreement":

"96366 Contra-account for Sale under Settlement Forward Agreement";

34. Off-balance sheet account 96368 shall be added after off-balance sheet account "96367 Contra-account for Purchase under Forward Agreement":

"96368 Contra-account for Purchase under Settlement Forward Agreement".

57701 Reserve expenses for standard classified credits, leasing, and factoring

57703 Reserve expenses for interest and brokerage fees on standard classified assets

57705 Reserve expenses for other standard classified assets

57707 Reserve expenses for items in off-balance sheet accounts for standard classified assets

Since the above-mentioned balance sheet accounts are identical in their nature, their definitions are provided in a generalized manner.

Definition of the account: The account is used to account for reserve expenses for standard classified credits, leasing, and factoring, interest and brokerage fees on assets, other assets, and items in off-balance sheet accounts, as determined by the bank.

The debit side of the account reflects the amount of reserve expenses for standard classified credits, leasing, and factoring, interest and brokerage fees on assets, other assets, and items in off-balance sheet accounts, as determined by the bank.

The credit side of the account reflects the amount of reversal of incorrectly calculated reserve expenses for standard classified credits, leasing, and factoring, interest and brokerage fees on assets, other assets, and items in off-balance sheet accounts, as well as the amount transferred to account 31206 as the bank's financial result at the end of the financial reporting year.";

29. The definition of off-balance sheet account 91501 shall be stated in the following edition:

"Definition of the account: The account is used to account for accrued but uncollected interest on credits and leases that have expired and are written off from the balance sheet in accordance with established rules, as well as on credits and leases with extended terms and revised terms. At the same time, accrued but uncollected interest on credits and leases that have expired and are in the process of court or enforcement proceedings is accounted for in this account. Off-balance sheet account 96335 is considered a counter-account for this account";

30. After the definition of off-balance sheet account "92709 Sale under Forward Contract", the following off-balance sheet account 92710 with its name and definition shall be added:

"92710 Sale under Settlement Forward Contract

Definition of the account: The account is used to account for forward contracts based on the settlement sale of financial instruments at an agreed rate and date. Off-balance sheet account 96366 is considered a counter-account for this account.

The debit side of the account reflects the amount of forward contracts based on the settlement sale of financial instruments.

The credit side of the account reflects the amount of financial instruments sold under the settlement forward contract.

Analytical accounting is carried out in separate personal accounts for each settlement forward contract.";

31. After the definition of off-balance sheet account "92716 Purchase under Forward Contract", the following off-balance sheet account 92717 with its name and definition shall be added:

"92717 Purchase under Settlement Forward Contract

Definition of the account: The account is used to account for forward contracts based on the settlement purchase of financial instruments at an agreed rate and date. Off-balance sheet account 96368 is considered a counter-account for this account.

The debit side of the account reflects the amount of the forward contract for the settlement purchase of financial instruments.

The credit side of the account reflects the amount of financial instruments purchased under the settlement forward contract.

Analytical accounting is carried out in separate personal accounts for each settlement forward contract.";

32. After the definition of off-balance sheet account "94504 Securities pledged for received credits and leases", the following off-balance sheet account 94505 with its name and definition shall be added:

"94505 Bank's Assets Pledged for Received Credits

Definition of the account: The account is used to account for the bank's deposits, fixed assets, credits, and other assets pledged for credits received by the bank.

The debit side of the account reflects the amount of the bank's deposits, fixed assets, credits, and other assets pledged.

The credit side of the account reflects the amount of the bank's deposits, fixed assets, credits, and other assets released from the pledge.

Analytical accounting is carried out in separate personal accounts for each credit contract.";

33. The name and definition of off-balance sheet account 95413 shall be stated in the following edition:

"95413 Written-off Credits, Leases, and Factoring

Definition of the account: The account is used to account for credits, leases, and/or factoring (unpaid portion) written off from the bank's balance sheet. Off-balance sheet account 96397 is considered a counter-account for this account.

The debit side of the account reflects the amount of written-off credits, leases, and factoring.

The credit side of the account reflects the amount of recovered or paid credits, leases, and/or factoring, as well as credits, leases, and/or factoring cancelled upon expiration of the established term.

Analytical accounting is carried out in separate personal accounts for each debtor based on credit, lease, and factoring contracts.";

34. After off-balance sheet account "96365 Counter-account for Sale under Forward Contract", the following off-balance sheet account 96366 shall be added:

"96366 Counter-account for Sale under Settlement Forward Contract";

35. After off-balance sheet account "96367 Counter-account for Purchase under Forward Contract", the following off-balance sheet account 96368 shall be added:

"96368 Counter-account for Purchase under Settlement Forward Contract".

4. [Appendix](/docs/5744540?ONDATE=27.02.2022 00#5760589):

1. In clause 29, the words "Cr 45994 'Other non-interest income'" shall be replaced with "Cr 45921 'Return of written-off funds'" or "Cr 45924 'Return of written-off assets'";

2. The first line of clause 31 shall be stated in the following edition:

"31. Interest income on credits is reflected through the following accounting entry:";

3. Chapters 4-7 shall be added with the following content:

"Chapter 4. Accounting entries for maintaining accounting for low-value and rapidly depreciating items

35. Purchase of low-value and rapidly depreciating items (hereinafter referred to as LV&RD items in the text) with prepayment:

1. The purchase of LV&RD items with full or partial prepayment is formalized by the following accounting entries:

Dr 19909 'Receivables - For Goods and Material Values'

Cr Bank's representative account or the customer's deposit account until withdrawal (if the bank provides services at the supplier's deposit account until withdrawal);

2. LV&RD items are accepted into the warehouse based on primary documents confirming their purchase, and formalized by the following accounting entry:

Dr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'

Cr 19909 'Receivables - For Goods and Material Values'.

36. If the payment is made after the LV&RD items arrive, the following accounting entry is made:

1. Upon arrival of LV&RD items:

Dr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'

Cr 29802 'Payables - For Goods and Material Values and Services';

2. Upon payment of the LV&RD item value:

Dr 29802 'Payables - For Goods and Material Values and Services'

Cr Bank's representative account or the customer's deposit account until withdrawal (if the bank provides services at the supplier's deposit account until withdrawal).

37. When LV&RD items are transferred from the Main Bank/Branch to branches/Main Bank, the following accounting entry is made:

Dr 16104 'Receivables from Main Office/Branches - For Goods and Material Values and Services';

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'.

38. When LV&RD items are received from the Main Bank to a branch, the following accounting entry is made based on primary documents (waybills):

Dr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables';

Cr 22205 'Payables to Main Office/Branches - For Goods and Material Values and Services'.

39. If any discrepancies or defects are found in LV&RD items accepted into the warehouse, the following accounting entry is made:

1. If the bank's claim is accepted by the supplier or a relevant decision is made by the court, the return of LV&RD items accepted into the warehouse to the supplier is carried out by the following accounting entry:

Dr 19909 'Receivables - For Goods and Material Values';

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables';

2. When transferring the returned funds back to the representative account with a re-entry, the following accounting entry is made:

Dr Bank's representative account;

Cr 19909 'Receivables - For Goods and Material Values'.

40. Banks write off LV&RD items up to their net selling value by the following accounting entry:

Dr 56895 'Assessment of Possible Losses - Other Assets';

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'.

41. The issuance of LV&RD items for use is formalized by the following accounting entry:

Dr 56406 'Office, office supplies, and other item expenses';

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'.

42. When the bank sells excess LV&RD items (LV&RD items are sold at prices agreed in the contract), the following accounting entries are made:

1. For the LV&RD item sale amount:

Dr Bank's representative account or the buyer's deposit account until withdrawal, if the buyer is served by this bank;

Cr 29802 'Payables - For Goods and Material Values and Services for';

2. When LV&RD items are sold without profit or loss for the bank:

Dr 29802 'Payables - For Goods and Material Values and Services for' - for the net revenue amount (Net revenue refers to the amount after deducting value-added tax and excise duties from the contract price);

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables';

3. When LV&RD items are sold with profit:

Dr 29802 'Payables - For Goods and Material Values and Services for' - for the net revenue amount;

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables';

Cr 45913 'Profit from sale or disposal of other private property of the bank' - for the difference between the net revenue and the balance sheet value;

4. When LV&RD items are sold with a loss:

Dr 29802 'Payables - For Goods and Material Values and Services for' - for the net revenue amount;

Dr 55906 'Losses from sale or disposal of other private property of the bank' - for the difference between the net revenue and the balance sheet value;

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'.

43. The value of LV&RD items that are missing, became unusable (in cases where no guilty persons are identified), given away for free, or in force majeure situations is written off as a loss by the bank in the established order and formalized by the following accounting entry:

Dr 56795 'Other operational expenses';

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'.

44. The shortage of LV&RD items, as well as the value of LV&RD items that became unusable due to the fault of a guilty person (when the guilty person is identified), is formalized through the following accounting entry:

Dr 19908 'Receivables - Settlements with Bank Employees';

Cr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables'.

When recovered from the salary of guilty employees, the following accounting entry is made:

Dr 29803 'Payables - Settlements with Employees';

Cr 19908 'Receivables - Settlements with Bank Employees'.

When recovered through the cash desk from a bank employee in the established order, the following accounting entry is made:

Dr 10101 'Cash in Circulation';

Cr 19908 'Receivables - Settlements with Bank Employees'.

45. When items not accounted for in the warehouse are accepted into the warehouse, the following accounting entry is made:

Dr 19921 'Low-value and rapidly depreciating items in warehouse and other valuables';

Cr 45994 'Other non-interest income'.

Chapter 5. Accounting entries for maintaining accounting for financial assets

46. To reflect the increase in fair value of securities evaluated at fair value through profit or loss, the following accounting entry is made:

Dr 10795 'Change in fair value of securities evaluated at fair value through profit or loss (asset-liability)';

Cr 45609 'Profit obtained as a result of change in fair value of securities evaluated at fair value through profit or loss' or

Cr 45611 'Profit obtained as a result of change in fair value of securities evaluated at fair value through other comprehensive income'.

47. To reflect the decrease in fair value of securities evaluated at fair value through profit or loss, the following accounting entry is made:

Dr 55610 'Losses incurred as a result of change in fair value of securities evaluated at fair value through other comprehensive income' or

Dr 55614 'Losses incurred as a result of change in fair value of securities evaluated at fair value through profit or loss';

Cr 10795 'Change in fair value of securities evaluated at fair value through profit or loss (asset-liability)'.

48. To reflect the increase in fair value of investments in securities evaluated at fair value through other comprehensive income, the following accounting entry is made:

Dr 10895 'Change in fair value of investments in securities evaluated at fair value through other comprehensive income (asset-liability)';

Cr 30907 'Unrecognized profit or losses arising from change in fair value of securities evaluated at fair value through other comprehensive income (asset-liability)'.

49. To reflect the decrease in fair value of investments in securities evaluated at fair value through other comprehensive income, the following accounting entry is made:

Dr 30907 'Unrecognized profit or losses arising from change in fair value of securities evaluated at fair value through other comprehensive income (asset-liability)';

Cr 10895 'Change in fair value of investments in securities evaluated at fair value through other comprehensive income (asset-liability)'.

50. Formation of a reserve for possible losses for financial assets evaluated at amortized cost is carried out by the following accounting entry:

Dr 56826 'Assessment of Possible Losses - Investments in Securities Evaluated at Amortized Cost';

Cr 15999 'Reserve for Possible Losses - Investments in Debt Securities Evaluated at Amortized Cost (counter-asset)'.

51. When a financial asset evaluated at fair value through other comprehensive income is impaired, the following accounting entry is made:

1. To reverse the fair value adjustment amount:

Dr 10895 'Change in fair value of investments in securities evaluated at fair value through other comprehensive income (asset-liability)';

Cr 30907 'Unrecognized profit or losses arising from change in fair value of securities evaluated at fair value through other comprehensive income (asset-liability)';

2. To form a reserve for possible losses:

Dr 56808 'Assessment of Possible Losses - Investments in Securities Evaluated at Fair Value through Other Comprehensive Income';

Cr 10899 'Reserve for Possible Losses - Investments in Securities Evaluated at Fair Value through Other Comprehensive Income (counter-asset)'.

52. If the amount of possible loss exceeds the previously recognized negative (deficit) fair value adjustment amount in capital, banks reflect the additional assessment of possible losses by the following accounting entry:

Dr 56808 'Assessment of Possible Losses - Investments in Securities Evaluated at Fair Value through Other Comprehensive Income';

Cr 10899 'Reserve for Possible Losses - Investments in Securities Evaluated at Fair Value through Other Comprehensive Income (counter-asset)'.

53. When forming a reserve for possible losses for securities evaluated at fair value through profit or loss, the following accounting entry is made:

Dr 56806 'Assessment of Possible Losses - Securities Evaluated at Fair Value through Profit or Loss';

Cr 10799 'Reserve for Possible Losses - Securities Evaluated at Fair Value through Profit or Loss (counter-asset)'.

Chapter 6. Accounting entries for maintaining accounting for cash operations

54. When cash is accepted into bank cash desks, the following accounting entries are made:

1. When cash is brought directly by business entities that are bank customers, and when physical persons deposit cash into deposits:

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr Customer's deposit account;

2. When physical persons deposit cash for one-time payments (tax payments, fines, utilities, and other payments):

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr 29824 'Targeted Settlements of Physical Persons for Cash Funds';

3. When physical persons deposit cash for credit repayment:

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr Customer's relevant credit account or

Cr 12599 'Reserve for Possible Losses - Short-term Credits Issued to Physical Persons (counter-asset)' and 14999 'Reserve for Possible Losses - Long-term Credits Issued to Physical Persons (counter-asset)' (when credits accounted for in off-balance sheet accounts are paid);

4. When physical persons deposit cash for interest payments on received credits:

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr 16309 'Receivable Accrued Interest on Credits' or

Cr 16377 'Accrued but Unpaid Receivable Interest Not Paid on Time' or

Cr 42005 'Interest Income on Expired Credits Issued to Physical Persons' (when interest accounted for in off-balance sheet accounts is paid);

5. When penalties and fines for unpaid interest on credits received by physical persons are paid in cash:

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr 16405 'Receivable Accrued Fines and Penalties';

6. When physical persons deposit cash for crediting their bank cards:

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr 23116 'Transit Accounts for Funds to be Transferred to Physical Persons' Bank Cards for Cash' and 23122 'Transit Accounts for Funds to be Transferred from Physical Persons' Bank Cards Using Foreign Currency Purchase at Bank Cash Desks';

Dr 23116 'Transit Accounts for Funds to be Transferred to Physical Persons' Bank Cards for Cash' and 23122 'Transit Accounts for Funds to be Transferred from Physical Persons' Bank Cards Using Foreign Currency Purchase at Bank Cash Desks';

Cr 22618 'Obligations of Physical Persons' Bank Cards' and 22617 'Obligations of Pensioners' Bank Cards';

7. When customers deposit cash at the bank cash desk for bank service fees:

Dr 10101 'Cash in Circulation' or

Dr 10111 'Cash in Operational Cash Desks';

Cr 4XXXX Relevant income accounts.

55. When cash is disbursed from the bank cash desk, it is carried out through the following accounting entry:

1. When cash is given to customers from the bank cash desk for salaries and payments equivalent to them, dividends, business trip expenses, pensions, and material assistance, as well as other payments provided for by legislation:

Dr Customer's deposit and credit accounts;

Cr 10101 'Cash in Circulation' or

Cr 10111 'Cash in Operational Cash Desks';

2. When cash is given from the bank cash desk to a physical person who is a customer of this branch from their bank card:

Dr 17401 'Transit Accounts for Funds to be Written Off from Cash Received from Physical Persons' Bank Cards';

Cr 10101 'Cash in Circulation' or

Cr 10111 'Cash in Operational Cash Desks';

Dr 22618 'Obligations of Physical Persons' Bank Cards' and 22617 'Obligations of Pensioners' Bank Cards';

Cr 23504 'Transit Accounts for Cash Given from Bank Cards or Funds Transferred to Physical Persons' Deposit Accounts';

Dr 23504 'Transit Accounts for Cash Given from Bank Cards or Funds Transferred to Physical Persons' Deposit Accounts';

Cr 17401 'Transit Accounts for Funds to be Written Off from Cash Received from Physical Persons' Bank Cards';

3. When cash is given from the bank cash desk to a physical person who is a customer of another branch of this bank from their bank card:

In the branch of the bank giving the cash:

Dr 17401 'Transit Accounts for Funds to be Written Off from Cash Received from Physical Persons' Bank Cards';

Cr 10101 'Cash in Circulation' or

Cr 10111 'Cash in Operational Cash Desks';

Dr 16111 'Receivables from Main Office/Branches for Cash Funds Given from Physical Persons' Bank Cards';

Acct 23504 "Transit accounts for cash issued from bank cards or funds transferred to deposit accounts of individuals";

Dr 23504 "Transit accounts for cash issued from bank cards or funds transferred to deposit accounts of individuals";

Cr 17401 "Transit accounts for funds to be written off for cash received from individuals' bank cards";

In another branch of the bank:

Dr 22618 "Liabilities for individuals' bank cards";

Cr 22212 "Funds payable for cash issued from individuals' bank cards to the head office/branches";

Dr 22212 "Funds payable for cash issued from individuals' bank cards to the head office/branches";

Cr 16111 "Funds to be received for cash issued from individuals' bank cards from the head office/branch";

4. when cash is issued from bank cards of an individual who is a customer of another bank:

in the branch of the bank issuing the cash:

Dr 17401 "Transit accounts for funds to be written off for cash received from individuals' bank cards";

Cr 10101 "Cash in the turnover cash desk" or

Cr 10111 "Cash in operational cash desks";

Dr 16111 "Funds to be received for cash issued from individuals' bank cards from the head office/branch";

Cr 23504 "Transit accounts for cash issued from bank cards or funds transferred to deposit accounts of individuals";

Dr 23504 "Transit accounts for cash issued from bank cards or funds transferred to deposit accounts of individuals";

Cr 17401 "Transit accounts for funds to be written off for cash received from individuals' bank cards";

in the Head Office of the bank issuing the cash:

Dr 10511 "Funds to be received from other banks for cash issued from individuals' bank cards";

Cr 22212 "Funds payable for cash issued from individuals' bank cards to the head office/branches";

Dr 22212 "Funds payable for cash issued from individuals' bank cards to the head office/branches";

Cr 16111 "Funds to be received for cash issued from individuals' bank cards from the head office/branch" — the branch that issued the cash;

in the Head Office of the bank where the bank card was opened:

Dr 16111 "Funds to be received for cash issued from individuals' bank cards from the head office/branch";

Cr 21012 "Funds to be paid to other banks for cash issued from individuals' bank cards";

Dr 21012 "Funds to be paid to other banks for cash issued from individuals' bank cards";

Cr 10511 "Funds to be received from other banks for cash issued from individuals' bank cards" — the Head Office of the bank that issued the cash;

in the branch of the bank where the bank card was opened:

Dr 22618 "Liabilities for individuals' bank cards";

Cr 22212 "Funds payable for cash issued from individuals' bank cards to the head office/branches";

Dr 22212 "Funds payable for cash issued from individuals' bank cards to the head office/branches";

Cr 16111 "Funds to be received for cash issued from individuals' bank cards from the head office/branch" — the Head Office.

56. The bank's "obsolete" category cash prepared for submission to the Central Bank is accounted for in account 10198 "Cash in the 'obsolete' category to be submitted to the Central Bank", and the receipt (disbursement) of "obsolete" category cash is recorded through this account via account 17301 "Transit account".

57. The following accounting entries are made based on the waybill for the incasso bag (sack) of funds collected from customers by incassators:

1. if the funds in the incasso bags collected by incassators belong to a customer of this bank:

Dr 19903 "Collected funds and checks";

Cr Customer's deposit account;

2. if the funds in the incasso bags collected by incassators belong to a customer of another bank or another branch of the bank:

Dr 19903 "Collected funds and checks";

Cr 29804 "Collected funds and checks of other bank customers";

3. if the cash in the incasso bags collected by incassators belongs to an operational cash desk located outside the bank building of a commercial bank (branch) located in another area:

Dr 19903 "Collected funds and checks";

Cr 29896 "Other liabilities".

58. The funds in the incasso bags are credited to the bank's turnover cash desk at the recounting cash desk, and the following accounting entry is made:

Dr 10101 "Cash in the turnover cash desk" or

Dr 10111 "Cash in operational cash desks";

Cr 19903 "Collected funds and checks".

59. If an excess of cash funds is detected at the recounting cash desk, the following accounting entry is made:

Dr 10101 "Cash in the turnover cash desk" or

Dr 10111 "Cash in operational cash desks";

Cr 29816 "Excesses detected during cash recounting".

60. If the excess cash funds detected at the bank's recounting cash desk belong to this bank's customer, they are credited to the customer's account via the following accounting entry:

Dr 29816 "Excesses detected during cash recounting";

Cr Customer's deposit account.

61. If the excess cash funds detected at the bank's recounting cash desk belong to a customer of another bank and are transferred to account 29804 "Collected funds and checks of other bank customers" as agreed in the contract, the following accounting entry is made:

Dr 29816 "Excesses detected during cash recounting";

Cr 29804 "Collected funds and checks of other bank customers".

62. If the excess cash funds detected at the bank's recounting cash desk belong to an operational cash desk located outside the bank building where there is no head bank or branch in this area, the following accounting entry is made:

Dr 29816 "Excesses detected during cash recounting";

Cr 29896 "Other liabilities".

63. If the shortage amount detected at the bank's recounting cash desk belongs to this bank's customer and is collected from the customer's account, the following accounting entry is made:

Dr Customer's deposit account;

Cr 19935 "Shortages detected during cash recounting".

64. If the shortage amount detected at the bank's recounting cash desk is collected from balance sheet account 29804 "Collected funds and checks of other bank customers" of a customer of another bank based on the conditions agreed in the contract, the following accounting entry is made:

Dr 29804 "Collected funds and checks of other bank customers";

Cr 19935 "Shortages detected during cash recounting".

If the shortage amount detected at the bank's recounting cash desk belongs to an operational cash desk located outside the bank building where there is no head bank or branch in this area and is collected based on the conditions agreed in the contract, the following accounting entry is made:

Dr 29896 "Other liabilities";

Cr 19935 "Shortages detected during cash recounting".

65. The following accounting entry is made for cash funds belonging to customers of another bank:

Dr 29804 "Collected funds and checks of other bank customers";

Cr Customer's deposit account (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements").

The accounting entry is made for cash funds belonging to an operational cash desk located outside the bank building where there is no head bank or branch in this area:

Dr 29896 "Other liabilities" — the commercial bank (branch) that accepted the cash;

Cr 29896 "Other liabilities" — the commercial bank (branch) located in another area.

66. When funds arrive at the recipient's bank via an electronic payment system, they are credited via the following accounting entry:

Dr 29804 "Collected funds and checks of other bank customers" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements");

Cr Customer's deposit account".

When funds arrive at a commercial bank (branch) located in another area via an electronic payment system, they are credited via the following accounting entry:

Dr 29896 "Other liabilities" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements") — the commercial bank (branch) that accepted the cash;

Cr 29896 "Other liabilities" — the commercial bank (branch) located in another area.

67. Interbank payments between banks that do not have branches are carried out in the following manner:

The following accounting entry is made for cash funds belonging to customers of another bank:

Dr 29804 "Collected funds and checks of other bank customers";

Cr Customer's deposit account (via account 10301 "Funds to be received from the representative account at the Central Bank — Nostro");

When funds arrive at the beneficiary bank, i.e., the recipient's bank, via an electronic payment system, they are credited via the following accounting entry:

Dr 29804 "Collected funds and checks of other bank customers" (via account 10301 "Funds to be received from the representative account at the Central Bank — Nostro");

Cr Customer's deposit account.

68. The initiating bank without branches must make the following accounting entry to receive aid funds:

Dr 10307 "Funds to be received from the Central Bank — Cash";

Cr 21307 "Funds received from resident banks for cash withdrawal" (via account 10301 "Funds to be received from the representative account at the Central Bank — Nostro").

69. When funds arrive at the Accounting and Cash Centers (hereinafter referred to as ACC in the text) of the regional directorates of the Central Bank for the purpose of receiving aid funds, the following accounting entry is made:

Dr 10307 "Funds to be received from the Central Bank — Cash" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements" of the Central Bank);

Cr 21307 "Funds received from resident banks for cash withdrawal".

70. When aid funds are sent by the ACCs of the regional directorates of the Central Bank, the following accounting entry is made:

Dr 10109 "Cash in transit and other payment documents";

Cr 10101 "Cash in the turnover cash desk" or

Cr 10111 "Cash in operational cash desks".

71. When aid funds are delivered to the initiating bank without branches from the ACCs based on the order of the regional directorates of the Central Bank, the following accounting entry is made:

Dr 10101 "Cash in the turnover cash desk" or

Dr 10111 "Cash in operational cash desks";

Cr 10307 "Funds to be received from the Central Bank — Cash".

72. When a confirmation of receipt of aid funds from the initiating bank without branches arrives at the ACCs of the regional directorates of the Central Bank, the following accounting entry is made:

Dr 21307 "Funds received from resident banks for cash withdrawal";

Cr 10109 "Cash in transit and other payment documents".

73. The following accounting entry is made at the branch of the initiating bank (in banks that have branches) when receiving aid funds from the ACCs of the regional directorates of the Central Bank:

Dr 10307 "Funds to be received from the Central Bank — Cash";

Cr 21307 "Funds received from resident banks for cash withdrawal" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements").

When funds arrive at the branch of the beneficiary bank, i.e., the ACCs of the regional directorates of the Central Bank of the Central Bank, for aid funds, the following accounting entry is made:

Dr 10307 "Funds to be received from the Central Bank — Cash" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements");

Cr 21307 "Funds received from resident banks for cash withdrawal";

When the branch of the beneficiary bank, i.e., the ACCs of the regional directorates of the Central Bank of the Central Bank, sends aid funds, the following accounting entry is made:

Dr 10109 "Cash in transit and other payment documents";

Cr 10101 "Cash in the turnover cash desk" or

Cr 10111 "Cash in operational cash desks".

When aid funds are delivered to the branch of the initiating bank, the following accounting entries are made:

Dr 10101 "Cash in the turnover cash desk" or

Dr 10111 "Cash in operational cash desks";

Cr 10307 "Funds to be received from the Central Bank — Cash".

When a confirmation of receipt of aid funds from the branch of the initiating bank arrives at the ACCs of the regional directorates of the Central Bank, the following accounting entry is made:

Dr 21307 "Funds received from resident banks for cash withdrawal";

Cr 10109 "Cash in transit and other payment documents".

74. When branches of a commercial bank receive aid funds from another commercial bank branch based on the order of the regional directorates of the Central Bank, the following accounting entry is made:

The branches of the initiating bank send funds for aid funds via the following accounting entry:

Dr 10507 "Funds to be received from representative accounts of other banks — Cash";

Cr 21008 "Funds to be paid to other banks — Cash" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements").

When funds arrive at the branch of the beneficiary bank for aid funds, the following accounting entry is made:

Dr 10507 "Funds to be received from representative accounts of other banks — Cash" via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements";

Cr 21008 "Funds to be paid to other banks — Cash".

When the branch of the beneficiary bank sends aid funds, the following accounting entry is made:

Dr 10109 "Cash in transit and other payment documents";

Cr 10101 "Cash in the turnover cash desk" or

Cr 10111 "Cash in operational cash desks".

At the branch of the initiating bank, i.e., the branch that received the aid funds, the following accounting entry is made for the amount of aid funds received:

Dr 10101 "Cash in the turnover cash desk" or

Dr 10111 "Cash in operational cash desks";

Cr 10507 "Funds to be received from representative accounts of other banks — Cash".

When a confirmation of receipt of aid funds sent by the branch of the initiating bank arrives at the branch of the beneficiary bank, the following accounting entry is made:

Dr 21008 "Funds to be paid to other banks — Cash";

Cr 10109 "Cash in transit and other payment documents".

75. Accounting for the provision and receipt of aid funds between branches of one bank is carried out in the following manner:

The branch of the initiating bank, i.e., the branch receiving the aid funds, sends funds to the beneficiary branch of this bank for cash withdrawal via the following accounting entry:

Dr 16101 "Funds to be received from head offices/branches — Cash";

Cr 22202 "Funds to be paid to head offices/branches — Cash" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements").

When funds arrive via electronic payment to the bank's beneficiary bank branch for aid funds, the following accounting entry is made:

Dr 16101 "Funds to be received from head offices/branches — Cash" (via account 16103 "Funds to be received from head offices/branches for inter-branch and inter-bank settlements");

Cr 22202 "Funds to be paid to head offices/branches — Cash".

After funds arrive at the account 22202 "Funds to be paid to head offices/branches — Cash" of the bank's beneficiary branch, i.e., the branch sending the aid funds, the following accounting entry is made:

Dr 10109 "Cash in transit and other payment documents";

Cr 10101 "Cash in the turnover cash desk" or

Cr 10111 "Cash in operational cash desks";

When aid funds are delivered to the branch of the initiating bank, i.e., the bank receiving the aid funds, the following accounting entry is made:

Dr 10101 "Cash in the turnover cash desk" or

Dr 10111 "Cash in operational cash desks";

Cr 16101 "Funds to be received from head offices/branches — Cash".

When a confirmation of receipt of aid funds from the branch of the initiating bank, i.e., the branch that received the aid funds, arrives at the branch of the beneficiary bank, i.e., the branch that sent the aid funds, the following accounting entry is made by the branch of the beneficiary bank:

Dr 22202 "Funds to be paid to head offices/branches — Cash";

Cr 10109 "Cash in transit and other payment documents".

76. When aid funds are loaded into ATMs, and the remaining funds in the ATMs or unfit cash are returned to the bank, cash funds for each ATM are credited (debited) to/from account 10107 "Cash in ATMs and other self-service equipment" via account 17301 "Transit accounts".

77. When cash is withdrawn from an ATM via a bank card, the following accounting entries are made for each case:

Dr 17401 "Transit accounts for funds to be written off for cash received from individuals' bank cards";

Cr 10107 "Cash in ATMs and other self-service equipment";

Dr 22617 "Liabilities for pensioners' bank cards" and 22618 "Liabilities for individuals' bank cards";

Cr 23504 "Transit accounts for cash issued from bank cards or funds transferred to deposit accounts of individuals";

Dr 23504 "Transit accounts for cash issued from bank cards or funds transferred to deposit accounts of individuals";

Cr 17401 "Transit accounts for funds to be written off for cash received from individuals' bank cards".

78. Online incasso operations using an automated deposit machine are carried out via the following accounting entries:

1. if the customer is served by a branch of this bank:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 202XX "Deposits held until demanded";

Cr 45294 "Income from other services and intermediation" (in cases provided for in the contract);

2. if the customer is served by another branch of this bank:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 29804 "Collected funds and checks of other bank customers";

Cr 45294 "Income from other services and intermediation" (in cases provided for in the contract);

Dr 29804 "Collected funds and checks of other bank customers";

Cr 202XX Deposits held until demanded;

3. if the customer is served by another bank branch:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 29804 "Collected funds and checks of other bank customers";

Cr 45294 "Income from other services and intermediation" (in cases provided for in the contract);

Dr 29804 "Collected funds and checks of other bank customers";

Cr 202XX Deposits held until demanded.

79. When cash is credited to individuals' bank cards in national currency using an automated deposit machine, the following accounting entries are made:

1. if the customer is served by a branch of this bank:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 23116 "Transit accounts for funds to be transferred to individuals' bank cards for cash";

Cr 45294 "Income from other services and intermediation" (in cases provided for in the contract);

Dr 23116 "Transit accounts for funds to be transferred to individuals' bank cards for cash";

Cr 22617 "Liabilities for pensioners' bank cards" and 22618 "Liabilities for individuals' bank cards";

2. if the customer is served by another branch of this bank:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 22214 "Funds to be paid for payments made from bank cards to head offices/branches";

Cr 45294 "Income from other services and intermediation" (in cases provided for in the contract);

Dr 16113 "Funds to be received for payments made from bank cards from head offices/branches";

Cr 23116 "Transit accounts for funds to be transferred to individuals' bank cards for cash";

Dr 23116 "Transit accounts for funds to be transferred to individuals' bank cards for cash";

Cr 22617 "Liabilities for pensioners' bank cards" and 22618 "Liabilities for individuals' bank cards";

Dr 22214 "Funds to be paid for payments made from bank cards to head offices/branches";

Cr 16113 "Funds to be received for payments made from bank cards from head offices/branches";

3. if the customer is served by another bank branch:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 21014 "Funds to be paid to other banks for payments made from bank cards";

Cr 45294 "Income from other services and intermediation" (in cases provided for in the contract);

Dr 10513 "Funds to be received from other banks for payments made from bank cards";

Cr 23116 "Transit accounts for funds to be transferred to individuals' bank cards for cash";

Dr 23116 "Transit accounts for funds to be transferred to individuals' bank cards for cash";

Cr 22617 "Liabilities for pensioners' bank cards" and 22618 "Liabilities for individuals' bank cards";

Dr 21014 "Funds to be paid to other banks for payments made from bank cards";

Cr 10513 "Funds to be received from other banks for payments made from bank cards".

80. When loans of individuals are paid using an automated deposit machine, the following accounting entries are made:

1. if the customer is served by a branch of this bank:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 29801 "Accounts with customers" or

Cr 22812 "Future period interest income";

Dr 29801 "Accounts with customers";

Cr Customer's loan account or

Cr 16309 "Accrued interest receivable on loans" or

Cr 16377 "Accrued but unpaid interest receivable under the contract" or

Cr 22812 "Future period interest income";

Dr 22812 "Future period interest income";

Cr 4XXXX Relevant income account;

2. if the customer is served by another branch of this bank:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 29801 "Accounts with customers";

Dr 29801 "Accounts with customers";

Cr 29801 "Accounts with customers" (Branch that issued the loan);

Dr 29801 "Accounts with customers" (Branch that issued the loan);

Cr Customer's loan account or

Cr 16309 "Accrued interest receivable on loans" or

Cr 16377 "Accrued but unpaid interest receivable under the contract" or

Cr 22812 "Future period interest income";

Dr 22812 "Future period interest income";

Cr 4XXXX Relevant income account.

81. If other payments are made using an automated deposit machine, the following accounting entries are made:

Dr 10107 "Cash in ATMs and other self-service equipment";

Cr 29801 "Accounts with customers";

Dr 29801 "Accounts with customers";

Cr Accounts of payees.

82. When sending cash advances to operational cash desks, at the end of the operational day, the remaining cash in operational cash desks is credited (debited) through account 17301 "Transit account" from account 10101 "Cash in circulation" or 10111 "Cash in operational cash desks" to the account 10111 "Cash in operational cash desks" opened for the respective operational cash desk. In this case, if the remaining cash in the operational cash desk belongs to an operational cash desk located outside the bank building of a commercial bank (branch) situated in another territory, the funds are credited to account 29896 "Other liabilities".

83. When commercial banks send excess cash from their cash reserves to the Main Departments of the Central Bank (HKKMs), they make the following accounting entry:

Dr 10109 "Cash in transit and other payment documents";

Cr 10101 "Cash in circulation" or

Cr 10111 "Cash in operational cash desks".

84. When the Main Departments of the Central Bank (HKKMs) receive cash brought in from commercial banks into the circulation cash desk, the following accounting entry is made:

Dr 10101 "Cash in circulation";

Cr 21314 "Funds payable for cash surrendered by resident banks" (at the Central Bank).

After receiving cash into the circulation cash desk, the Main Departments of the Central Bank (HKKMs) must send a confirmation to the commercial bank regarding the acceptance of cash.

85. When funds are transferred to commercial banks for cash received into the circulation cash desk by the Main Departments of the Central Bank (HKKMs), the following accounting entry is made:

Dr 21314 "Funds payable for cash surrendered by resident banks" (at the Central Bank);

Cr 10311 "Funds receivable from the Central Bank — Surrendered cash" (through account 16103 "Funds receivable from branches and interbank accounts of main offices/branches").

86. Upon receipt of confirmation from the Main Departments of the Central Bank (HKKMs) regarding the surrender of cash to commercial banks, they must make the following accounting entry:

Dr 10311 "Funds receivable from the Central Bank — Surrendered cash";

Cr 10109 "Cash in transit and other payment documents".

87. When funds arrive at the commercial bank from the Main Departments of the Central Bank (HKKMs) for the cash surrendered, the following accounting entry is made:

Dr 21314 "Funds payable for cash surrendered by resident banks" (at the Central Bank) (16103 "Funds receivable from branches and interbank accounts of main offices/branches");

Cr 10311 "Funds receivable from the Central Bank — Surrendered cash".

Chapter 7. Accounting entries for maintaining accounting of operations with securities

88. After the state registration of the issuance of securities, the following accounting entry is made based on a copy of the decision on the issuance of securities provided to the issuing bank:

Dr 90329 "Bank's unregistered securities";

Cr 96314 "Counter-account for the bank's securities".

89. When subscribing for shares and concluding a share purchase agreement, the following accounting entries are made:

1. for preferred shares:

Dr 30303 "Funds receivable for share subscription — Preferred (counter-passive)";

Cr 30309 "Registered share capital — Preferred";

2. for ordinary shares:

Dr 30306 "Funds receivable for share subscription — Ordinary (counter-passive)";

Cr 30312 "Registered share capital — Ordinary".

90. When payment for shares is received in full or in part, the following accounting entry is made:

Dr Cash account or the bank's representative account or the customer's account;

Cr 30303 "Funds receivable for share subscription — Preferred (counter-passive)" or 30306 "Funds receivable for share subscription — Ordinary (counter-passive)".

91. After full payment is received and the transaction is executed, the following accounting entries are made simultaneously based on the relevant extract from the deposit account confirming the transfer of ownership rights for the share:

1. for the nominal value of the preferred share:

Dr 30309 "Registered share capital — Preferred";

Cr 30315 "Issued share capital — Preferred";

2. for the nominal value of the ordinary share:

Dr 30312 "Registered share capital — Ordinary";

Cr 30318 "Issued share capital — Ordinary";

3. for the positive difference between the subscription price and the nominal value:

Dr 30309 "Registered share capital — Preferred" or

Dr 30312 "Registered share capital — Ordinary";

Cr 30603 "Additional capital — Preferred";

4. for placed shares:

Dr 96314 "Counter-account for the bank's securities";

Cr 90329 "Bank's unregistered securities".

92. Expenses related to the issuance of shares are accounted for in the separate personal account "Expenses related to share issuance" of account 56795 "Other operating expenses".

93. If the value of shares is paid in full or in part by potential shareholders before the issuance of shares, advance payments for shares are reflected in liabilities until the shares are issued. Also, a deposit may be placed by potential shareholders as a guarantee of participation in subscribing to the bank's new shares.

In this case, the following accounting entries are made:

1. when an advance payment is made:

Dr Cash account or the bank's representative account or the customer's account;

Cr 29830 "Deposits for payment of share subscription funds";

2. when shares are sold, based on the relevant extract from the deposit account confirming the transfer of ownership rights for the share:

Dr 29830 "Deposits for payment of share subscription funds" — for the payment amount;

Cr 30315 "Issued share capital — Preferred" or

Cr 30318 "Issued share capital — Ordinary" — for the nominal value of the share;

Cr 30603 "Additional capital — Preferred" — for the positive difference between the payment amount and the nominal value.

94. The accrual and payment of declared dividends are carried out through the following accounting entries:

1. when dividends are accrued:

Dr 31203 "Undistributed profit (asset-passive)" (for annual dividends);

Dr 31206 "Net profit (loss) (asset-passive)" (for interim dividends);

Dr 30903 "General reserve fund" (for preferred shares in case of insufficient profit);

Cr 29822 "Dividends payable";

2. when dividends are paid:

Dr 29822 "Dividends payable";

Cr Cash account or the bank's representative account or the customer's account;

3. when accrued dividends are directed to increase the bank's share capital:

Dr 29822 "Dividends payable";

Cr 30315 "Issued share capital — Preferred" or

Cr 30318 "Issued share capital — Ordinary" — for the nominal value of the share;

Cr 30603 "Additional capital — Preferred" — for the amount exceeding the nominal value.

Simultaneously, the accounting entry specified in paragraph 'g' of item 92 of these Rules is made.

95. When the share capital is increased by increasing the nominal value of shares, the following accounting entry is made:

Dr 30603 "Additional capital — Preferred" or

Dr 31203 "Undistributed profit (asset-passive)" or

Dr 31206 "Net profit (loss) (asset-passive)" (if funds are insufficient in account 30603 Additional capital — Preferred);

Cr 30315 "Issued share capital — Preferred" or

Cr 30318 "Issued share capital — Ordinary".

96. When additional shares are placed by capitalizing undistributed profit, the following accounting entry is made:

Dr 31203 "Undistributed profit (asset-passive)";

Cr 30315 "Issued share capital — Preferred" or

Cr 30318 "Issued share capital — Ordinary" — for the nominal value of the share;

Cr 30603 "Additional capital — Preferred" — for the amount exceeding the nominal value of the share.

97. When bank shares are placed for free exchange of previously issued securities, the following accounting entries are made:

1. when preferred shares are exchanged for ordinary shares or preferred shares are exchanged for other types of preferred shares:

Dr 30315 "Issued share capital — Preferred" — for the nominal value of the share;

Cr 30315 "Issued share capital — Preferred" or

Cr 30318 "Issued share capital — Ordinary" — for the nominal value of the share;

2. when convertible bonds are submitted for exchange:

Dr 23602 "Issued bonds" in the personal account "Convertible bonds" of the balance sheet account — for the value of the securities submitted for exchange;

Cr 30315 "Issued share capital — Preferred" or

Cr 30318 "Issued share capital — Ordinary" — for the nominal value of the share;

Cr 30603 "Additional capital — Preferred" — for the amount exceeding the nominal value, if the conversion coefficient is greater than 1.

98. If the bank buys its own shares for the purpose of subsequent resale or cancellation, the bank's own capital decreases by the cost of purchasing the shares. In this case, the following accounting entry is made:

Dr 30321 "Own shares repurchased from shareholders — Preferred (counter-passive)" or

Dr 30324 "Own shares repurchased from shareholders — Ordinary (counter-passive)";

Cr Cash account or the bank's representative account or the customer's account.

99. If the bank buys its own shares for the purpose of cancellation, the shares are credited to account 90329 "Bank's unregistered securities" at a conditional price of 1 sum through the following accounting entry:

Dr 90329 "Bank's unregistered securities";

Cr 96314 "Counter-account for the bank's securities".

100. If the bank buys its own shares for the purpose of subsequent resale, the shares are credited to account 90337 "Bank's purchased securities" at nominal value through the following accounting entry:

Dr 90337 "Bank's purchased securities";

Cr 96314 "Counter-account for the bank's securities".

101. When the bank's purchased own shares are subsequently resold in the secondary market, the following accounting entries are made:

1. when sold at a higher value relative to the purchase price:

Dr Cash account or the bank's representative account or the customer's account — for the selling price of the share;

Cr 30321 "Own shares repurchased from shareholders — Preferred (counter-passive)" or

Cr 30324 "Own shares repurchased from shareholders — Ordinary (counter-passive)" — for the purchase price of the share or

Cr 30603 "Additional capital — Preferred" in the personal account "Additional capital on repurchased own shares" of the balance sheet account — for the positive difference between the resale and purchase prices;

2. when sold at a lower value relative to the purchase price:

Dr Cash account or the bank's representative account or the customer's account — for the selling price of the share;

Dr 30603 "Additional capital — Preferred" — for the negative difference between the resale and purchase prices of the share, within the credit balance;

Cr 30321 "Own shares repurchased from shareholders — Preferred (counter-passive)" or

Cr 30324 "Own shares repurchased from shareholders — Ordinary (counter-passive)" — for the purchase price of the share.

If the balance of the separate personal account "Additional capital obtained from purchasing own shares" of account 30603 "Additional capital — Preferred" is zero, the negative difference between the resale and purchase of the share is transferred to balance sheet account 31206 "Net profit (loss) (asset-passive)";

3. simultaneously, the following accounting entry is made:

Dr 96314 "Counter-account for the bank's securities";

Cr 90337 "Bank's purchased securities".

102. When shares are cancelled or the bank's share capital is reduced (after the relevant amendments to the charter documents are registered with the Central Bank), the following accounting entry is made:

Dr 30315 "Issued share capital — Preferred" or

Dr 30318 "Issued share capital — Ordinary" — for the nominal value of the share;

Cr 30321 "Own shares repurchased from shareholders — Preferred (counter-passive)" or

Cr 30324 "Own shares repurchased from shareholders — Ordinary (counter-passive)" — for the purchase price of the share.

103. The positive or negative difference between the purchase of the bank's own shares and their nominal value is accounted for in the debit or credit of balance sheet account 30603 "Additional capital — Preferred" respectively. If the credit balance of the account is insufficient, the missing negative difference is taken from balance sheet account 31206 "Net profit (loss) (asset-passive)".

Simultaneously, the following accounting entry is made:

Dr 96314 "Counter-account for the bank's securities";

Cr 90329 "Bank's unregistered securities".

104. When blanks of unregistered or registered securities are accounted for in the Central Depository, the following accounting entry is made:

Dr 90327 "Bank's securities blanks";

Cr 96314 "Counter-account for the bank's securities";

Dr 90329 "Bank's unregistered securities";

Cr 96314 "Counter-account for the bank's securities"

105. When securities are placed at nominal value, the following accounting entries are made:

Dr Cash account or the bank's representative account or the customer's account;

Cr 23600 "Securities issued by the bank";

Dr 96314 "Counter-account for the bank's securities";

Cr 90327 "Bank's securities blanks";

Dr 96314 "Counter-account for the bank's securities";

Cr 90329 "Bank's unregistered securities".

106. When a security is sold at a price higher than its nominal value, the difference (premium) between the selling price and the nominal value is transferred to the credit of account 23696 "Premium on issued securities" on the day of sale through the following accounting entry:

Dr Cash account or the bank's representative account or the customer's account — for the selling price of the security;

Cr 23600 "Securities issued by the bank" — for the nominal value of the security;

Cr 23696 "Premium on issued securities" — for the difference between the selling price and the nominal value of the security.

Simultaneously, when relevant entries are made in the security blank regarding the owner of the security or when securities are transferred to the investor's deposit account, the following accounting entry is made:

Dr 96314 "Counter-account for the bank's securities";

Cr 90327 "Bank's securities blanks";

Dr 96314 "Counter-account for the bank's securities";

Cr 90329 "Bank's unregistered securities".

107. If a security is sold at a price lower than its nominal value, the difference (discount) between the nominal value and the selling price is transferred to the debit of balance sheet account 23698 "Discount on issued securities (counter-passive)" on the day of sale through the following accounting entry:

Dr Cash account or the bank's representative account or the customer's account — for the selling price of the security;

Dr 23698 "Discount on issued securities (counter-passive)" — for the difference between the nominal value and the selling price of the security;

Cr 23600 "Securities issued by the bank" — for the nominal value of the security.

Discounts are reflected in the balance sheet as a deduction from the total amount of issued securities.

108. If securities are sold between interest payment periods, accrued interest obligations to be paid are accounted for on the sale date through the following accounting entry:

Dr Cash account or the bank's representative account or the customer's account;

Cr 22414 "Accrued interest payable on issued securities".

109. Securities purchased with redemption or resale terms are removed from the balance sheet. If the purchase is at balance sheet value, the following accounting entries are made:

1. when securities previously sold at nominal value are purchased:

Dr 23600 "Securities issued by the bank" — for the nominal value;

Cr Cash account or the bank's representative account or the customer's account — for the nominal value;

2. when securities previously sold at a discount are purchased:

Dr 23600 "Securities issued by the bank" — for the nominal value;

Cr 23698 "Discount on issued securities (counter-passive)" — within the remaining value of the discount;

Cr Cash account or the bank's representative account or the customer's account — for the purchase price of the security;

3. when securities previously sold with a premium are purchased:

Dr 23600 "Securities issued by the bank" — for the nominal value;

Dr 23696 "Premium on issued securities" — within the remaining value of the premium;

Cr Cash account or the bank's representative account or the customer's account — for the purchase price of the security;

4. when paying accrued interest:

Dr 22414 "Accrued interest payable on issued securities";

Cr Cash account or the bank's representative account or the customer's account.

110. If a bank purchases a security at a price lower than its nominal value, the positive difference between the nominal value and the purchase price is reflected in the credit of the separate personal account "Income from operations related to issued debt obligations" of balance sheet account 45994 "Other non-interest income". If a security is purchased by the bank at a price higher than the balance sheet value, the negative difference between the balance sheet value and the purchase price is reflected in the debit of the separate personal account "Expenses incurred on operations related to issued debt obligations" of balance sheet account 55995 "Other non-interest expenses".

111. If a bank purchases a security for the purpose of cancellation, the security is accounted for at a conditional price of 1 sum through the following accounting entry:

Dr 90327 "Bank's securities blanks";

Cr 96314 "Counter-account for the bank's securities";

Dr 90329 "Bank's unregistered securities";

Cr 96314 "Counter-account for the bank's securities".

112. If a bank purchases securities for the purpose of resale, the securities are credited at nominal value through the following accounting entry:

Dr 90337 "Bank's purchased securities";

Cr 96314 "Counter-account for the bank's securities".

113. When local (internal) or foreign (internal) bills of exchange are accepted for collection from a customer or a bank-correspondent, the bank makes the following accounting entry in off-balance sheet accounts for the nominal value of the bill:

Dr 90965 "Bills accepted for collection (internal) — Local" or

Dr 90972 "Bills accepted for collection (internal) — Foreign";

Cr 96323 "Counter-account for bills accepted for collection (internal)".

114. When payment on a bill is made in full or in part, or when it is returned without payment (in cases of refusal to pay or insufficient funds in the account), the following accounting entry is made:

Dr 96323 "Counter-account for bills accepted for collection (internal)";

Cr 90965 "Bills accepted for collection (internal) — Local" or

90972 "Bills accepted for collection (internal) — Foreign".

When a partial payment on a bill is made, the unpaid amount of the bill is transferred to account 90963 "Payment documents not paid on time" through the following accounting entry:

Dr 90963 "Payment documents not paid on time";

Cr 96321 "Counter-account for payment documents not paid on time".

115. When bills are sent for collection to payers or representative banks without accounts at the bank to receive payment, the following accounting entry is made for their nominal value:

Dr 90979 "Bills sent for collection (external) — Local" or

90986 "Bills sent for collection — Foreign";

Cr 96330 "Counter-account for bills sent for collection (external)".

116. After payment on the bill is made by the bill payer, the following accounting entry is made:

Dr 96330 "Counter-account for bills sent for collection (external)";

Cr 90979 "Bills sent for collection (external) — Local" or

Cr 90986 — "Bills sent for collection — Foreign".

117. Banks may incur income and expenses from collection operations related to securities. In this case, income is accounted for in account 45257 "Income received for services provided for collection operations for customers" and expenses are accounted for in account 55158 "Expenses for carrying out collection operations and intermediary expenses".

118. The accounting for funds transferred by customers for the purchase of securities and funds received from the sale of customers' securities under brokerage and order contracts is maintained in the separate account "Customer funds for broker operations with securities" of the balance sheet account 22608 "Funds for operations with securities by customers".

119. Securities purchased for sale or on the customer's order are accounted for at nominal value in off-balance sheet accounts 93616 "State securities conditionally held" and 93623 "Privately held securities/commercial documents":

Dr 93616 "State securities conditionally held" or

Dr 93623 "Privately held securities/commercial documents";

Cr 96379 "Counter-account for held securities and other valuables".

120. When securities received for sale on the customer's order are not sold, when they are returned to customers, and when delivering securities purchased on the customer's order, the following accounting entry is made for the nominal value of the securities:

Dr 96379 "Counter-account for held securities and other valuables";

Cr 93616 "State securities conditionally held" or

Cr 93623 "Privately held securities/commercial documents".

121. Income received by banks from performing brokerage operations is credited to balance sheet account 45209 "Income from investment brokerage operations with securities".

122. When securities are received from the issuer for placement, the following accounting entry is made:

Dr 93616 "State securities conditionally held" or

Dr 93623 "Privately held securities/commercial documents";

Cr 96379 "Counter-account for held securities and other valuables".

123. The accounting for funds received from the placement of the issuer's securities is maintained in the separate personal account "Issuer funds related to servicing the issuance of securities" of the balance sheet account 22608 "Funds for operations with securities by customers".

124. When placing securities with their first owners, as well as when returning unplaced securities to the issuer, the following accounting entry is made for the nominal value of the securities:

Dr 96379 "Counter-account for held securities and other valuables";

Cr 93616 "State securities conditionally held" or

Cr 93623 "Privately held securities/commercial documents".

125. The bank redeems securities on the issuer's order at the expense of the issuer's funds. Funds received from the issuer are accounted for in the separate personal account "Issuer funds for the issuance of securities" of the balance sheet account 22608 "Funds for operations with securities by customers". When the issuer's securities are redeemed, the following accounting entry is made for the redemption amount:

Dr 22608 "Funds for operations with securities by customers";

Cr Cash account or the bank's representative account or the customer's account.

At the same time, the blanks of redeemed securities are recorded in off-balance sheet accounts at a conditional price of 1 sum through the following accounting entries:

Dr 90303 "Blanks of state securities";

Cr 96305 "Counter-account for blanks of state securities" or

Dr 90317 "Blanks of securities of other organizations and institutions";

Cr 96315 "Counter-account for blanks of securities of other organizations and institutions".

126. When transferring blanks of securities redeemed on the issuer's order to the issuer or canceling them, the following accounting entry is made at a conditional price of 1 sum:

Dr 96305 "Counter-account for blanks of state securities";

Cr 90303 "Blanks of state securities" or

Dr 96315 "Counter-account for blanks of securities of other organizations and institutions";

Cr 90317 "Blanks of securities of other organizations and institutions".

127. Income received from performing underwriting services is accounted for in the separate personal account "Income from bank operations related to servicing the issuance of securities" of account 45294 "Income received for other services and brokerage".

128. When received from customers for safekeeping, the following accounting entry is made at nominal value:

Dr 93616 "State securities conditionally held" or

Dr 93623 "Privately held securities/commercial documents";

Cr 96379 "Counter-account for held securities and other valuables".

129. When securities are removed from safekeeping and returned to the customer, the following accounting entry is made at nominal value:

Dr 96379 "Counter-account for held securities and other valuables";

Cr 93616 "State securities conditionally held" or

Cr 93623 "Privately held securities/commercial documents".

130. Income received from performing safekeeping operations is credited to the separate personal account "Income from the bank's operations on securities safekeeping" of balance sheet account 45294 "Income received for other services and brokerage".

131. Securities sold under REPO agreements are accounted for in the corresponding account of balance sheet account 22300 "Securities sold under REPO agreements". In performing the first part of the agreement on the purchase and sale of securities with a repurchase condition, the selling bank makes the following accounting entries for the sale of securities under the first part of the agreement at the sale amount:

Dr The bank's representative account or the customer's account;

Cr 22300 "Securities sold under REPO agreements".

Simultaneously, in off-balance sheet accounts:

Dr 92802 "Forward contracts for the purchase of securities";

Cr 96374 "Counter-account for forward contracts for the purchase of securities".

Securities are accounted for in account 92802 "Forward contracts for the purchase of securities" in accordance with the first part of the REPO operation, from the date of sale of securities, until the date of repurchase of securities in accordance with the second part of the REPO operation by the bank.

132. The difference between the repurchase price of securities under the second part of the REPO operation and the sale price of securities under the first part of the REPO operation is, by its nature, a payment for the funds received. The specified difference is amortized and by the selling bank is credited to the interest expense account monthly during the validity period of the agreement on the purchase and sale of securities with a repurchase condition:

Dr 54300 "Interest expenses on REPO agreements with securities";

Cr 22300 "Securities sold under REPO agreements".

133. If the REPO agreement provides for a decrease in the REPO amount by the amount of interest (coupon) income in the first part, then the REPO amount decreases by the amount of interest (coupon) income received by the initial buyer, and the following accounting entry is made:

Dr 22300 "Securities sold under REPO agreements";

Cr The corresponding account for interest to be received on the securities that are the subject of the REPO agreement.

134. In performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the following accounting entry for the amount of securities repurchased under the second part of the agreement:

Dr 22300 "Securities sold under REPO agreements";

Cr The bank's representative account or the customer's account.

Simultaneously, in off-balance sheet accounts, the following accounting entry is made for the value of securities repurchased under the second part of the agreement:

Dr 96374 "Counter-account for forward contracts for the purchase of securities",

Cr 92802 "Forward contracts for the purchase of securities".

135. If the second part of the agreement on the purchase and sale of securities with a repurchase condition is not performed and the securities are transferred to the buyer's portfolio, the selling bank makes the following accounting entry:

Dr 22300 "Securities sold under REPO agreements" — for the repurchase amount of the security under the second part of the agreement;

Cr 10700 "Securities measured at fair value through profit or loss", 10800 "Investments in securities measured at fair value through other comprehensive income", 15900 "Investments in debt securities measured at amortized cost".

The difference between the purchase price of securities under the second part of the agreement and their balance sheet value is reflected in the corresponding profit or loss account.

Simultaneously, the following accounting entry is made in off-balance sheet accounts:

Dr 96374 "Counter-account for forward contracts for the purchase of securities";

Cr 92802 "Forward contracts for the purchase of securities".

136. In performing the first part of the agreement on the purchase and sale of securities with a repurchase condition, the bank that is the buyer of securities performs the following accounting entry for the purchase amount of securities under the second part of the agreement:

Dr 11800 "Securities purchased under REPO agreements";

Cr The bank's representative account or the customer's account.

Simultaneously, the bank makes the following accounting entry in off-balance sheet accounts for the value of securities purchased by the bank and to be sold by the bank in performing the second part of the agreement on the purchase and sale of securities with a repurchase condition:

Dr 92806 "Forward contracts for the sale of securities";

Cr 96376 "Counter-account for forward contracts for the sale of securities".

Securities are accounted for in account 92806 "Forward contracts for the sale of securities" in accordance with the first part of the REPO operation, from the date of purchase of securities, until the date of sale of securities in accordance with the second part of the REPO operation by the bank.

137. The difference between the repurchase price of securities under the second part of the agreement on the purchase and sale of securities with a repurchase condition and the purchase price of securities under the first part of the agreement is, by its nature, a payment for the funds provided. The specified difference is amortized and by the receiving bank is accounted for in the interest income account monthly during the validity period of the agreement on the purchase and sale of securities with a repurchase condition:

Dr 11800 "Securities purchased under REPO agreements";

Cr 45000 "Interest income on REPO agreements with securities".

If the bank has doubts about the repurchase of securities due to the deterioration of the financial position of the counterparty in the REPO agreement, interest income must be removed from the bank's balance sheet with the following accounting entry:

Dr 45000 "Interest income on REPO agreements with securities";

Cr 11800 "Securities purchased under REPO agreements".

After removal, the amortization of the difference between the repurchase price of securities under the second part of the agreement and the purchase price of securities under the first part of the agreement is accounted for in off-balance sheet accounts:

Dr 95411 "Accrued interest on receivable securities";

Cr 96333 "Counter-account for accrued interest on receivable securities".

Accounting maintained in the off-balance sheet account is stopped after the second part of the REPO agreement is performed:

Dr 96333 "Counter-account for accrued interest on receivable securities";

Cr 95411 "Accrued interest on receivable securities".

138. At the date of the balance sheet report, the market value of securities purchased under the first part of the agreement is equated to the balance sheet value (the amount accounted for in account 11800 "Securities purchased under REPO agreements"). If the market value falls below the balance sheet value, a reserve for possible losses is created at the expense of bank expenses. In this case, the difference between the balance sheet value and the market value is accounted for in the debit of account 56824 "Assessment of possible losses — REPO agreements":

Dr 56824 "Assessment of possible losses — REPO agreements";

Cr 11899 "Reserve for possible losses — Securities purchased under REPO agreements (contra-asset)".

If the market value exceeds the balance sheet value, the reserve is equated to zero:

Dr 11899 "Reserve for possible losses — Securities purchased under REPO agreements (contra-asset)";

Cr 56824 "Assessment of possible losses — REPO agreements".

139. In performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the following accounting entry:

Dr The bank's representative account or the customer's account;

Cr 11800 "Securities purchased under REPO agreements" — for the repurchase amount of the security under the second part of the agreement.

Simultaneously, in performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the following accounting entry in the off-balance sheet account for the value of securities sold by the bank:

Dr 96376 "Counter-account for forward contracts for the sale of securities";

Cr 92806 "Forward contracts for the sale of securities".

140. On the date of performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the balance sheet value of securities accounted for in account 11800 "Securities purchased under REPO agreements" must be equal to the purchase amount of securities under the first part of the agreement.

In this case, if the second part of the agreement is not performed and the securities are transferred to the buyer bank's portfolio, the following accounting entry is made:

1. if the market value of the securities exceeds the purchase amount of securities under the first part of the agreement:

a) an accounting entry is made to adjust the amount of the reserve for possible losses (if necessary);

b) an accounting entry is made for the transfer of securities to the bank's portfolio:

Dr 10700 "Securities measured at fair value through profit or loss" or

Dr 10800 "Investments in securities measured at fair value through other comprehensive income" or

Dr 15900 "Investments in debt securities measured at amortized cost";

Cr 11800 "Securities purchased under REPO agreements" — for the purchase amount of the security under the first part of the agreement.

2. when the market value of the security is less than the value purchased under the first part of the agreement:

a) an accounting entry is made to change the amount of the reserve (if necessary);

b) the following accounting entry is made for the transfer of securities to the bank's portfolio:

Dr 10700 "Securities measured at fair value through profit or loss" or

Dr 10800 "Investments in securities measured at fair value through other comprehensive income" or

Dr 15900 "Investments in debt securities measured at amortized cost" — at the market value of the security;

Dr 11899 "Reserve for possible losses — Securities purchased under REPO agreements (contra-asset)" — for the amount of the formed reserve;

Cr 11800 "Securities purchased under REPO agreements" — for the purchase amount of the security under the first part of the agreement.

Simultaneously, the following accounting entry is made in the off-balance sheet account:

Dr 96376 "Counter-account for forward contracts for the sale of securities";

Cr 92806 "Forward contracts for the sale of securities".

141. On the date of performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the balance sheet value of securities accounted for in account 11800 "Securities purchased under REPO agreements" must be equal to the repurchase amount of securities under the second part of the agreement.

In case the second part of the agreement is not performed, the bank must remove interest income from the balance sheet through the following accounting entry:

Dr 45000 "Interest income on REPO agreements with securities";

Cr 11800 "Securities purchased under REPO agreements".

142. The bank may account for REPO agreements as securities trading operations:

1. In performing the first part of the agreement on the purchase and sale of securities with a repurchase condition, the bank that is the seller of securities makes the relevant accounting entry for the sale of securities. In this case, the sold securities are removed from the bank's balance sheet.

Simultaneously, the bank makes the following accounting entry in the off-balance sheet account for the value of securities sold by the bank and to be purchased by the bank in performing the second part of the agreement on the purchase and sale of securities with a repurchase condition:

Dr 92802 "Forward contracts for the purchase of securities";

Cr 96374 "Counter-account for forward contracts for the purchase of securities".

Securities are accounted for in account 92802 "Forward contracts for the purchase of securities" in accordance with the first part of the REPO operation, from the date of sale of securities, until the date of sale of securities in accordance with the second part of the REPO operation by the bank.

2. In performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the relevant accounting entry for the purchase of securities.

Simultaneously, in performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the following accounting entry in the off-balance sheet account for the value of securities purchased by the bank:

Dr 96374 "Counter-account for forward contracts for the purchase of securities";

Cr 92802 "Forward contracts for the purchase of securities".

143. In performing the first part of the agreement on the purchase and sale of securities with a repurchase condition, the bank that is the buyer of securities makes the relevant accounting entry for the sale of securities.

Simultaneously, the bank makes the following accounting entry in the off-balance sheet account for the value of securities purchased by the bank and to be sold by the bank in performing the second part of the agreement on the purchase and sale of securities with a repurchase condition:

Dr 92806 "Forward contracts for the sale of securities";

Cr 96376 "Counter-account for forward contracts for the sale of securities".

Securities are accounted for in account 92806 "Forward contracts for the sale of securities" in accordance with the first part of the REPO operation, from the date of purchase of securities, until the date of sale of securities in accordance with the second part of the REPO operation by the bank.

144. In performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the relevant accounting entry for the sale of securities. In this case, the sold securities are removed from the bank's balance sheet.

Simultaneously, in performing the second part of the agreement on the purchase and sale of securities with a repurchase condition, the bank makes the following accounting entry in the off-balance sheet account for the value of securities sold by the bank:

Dr 96376 "Counter-account for forward contracts for the sale of securities";

Cr 92806 "Forward contracts for the sale of securities".

(, 25.04.2023 y., 10/23/3336-1/0225-no)