Rule · NBKR · 25 Sep 2013 · 8-466
The National Bank of the Kyrgyz Republic, commercial banks, and financial and credit institutions must exchange damaged banknotes or coins for sound ones, and exchange banknotes or coins of one denomination for others, without any limit on the amount and without charging fees. This obligation applies to the entities specified in the amended Paragraph 16 of the Regulation on Signs of Payment and Rules for the Exchange of Banknotes and Coins of the Kyrgyz Republic. The Resolution enters into force 15 days after official publication, replacing the previous Paragraph 16 approved by Resolution No. 33/5 of August 27, 2008.
NATIONAL BANK OF THE KYRGYZ REPUBLIC
RESOLUTION
of September 25, 2013 No. 35/12
On Amending the Regulation "On Signs of Payment and Rules for the Exchange of Banknotes and Coins of the Kyrgyz Republic", Approved by Resolution of the Board of the NBKR No. 33/5 of August 27, 2008
Having considered the amendment to the Regulation "On Signs of Payment and Rules for the Exchange of Banknotes and Coins of the Kyrgyz Republic", approved by Resolution of the Board of the NBKR No. 33/5 of August 27, 2008, in accordance with Article 43 of the Law of the Kyrgyz Republic "On the National Bank of the Kyrgyz Republic", the Board of the National Bank of the Kyrgyz Republic
RESOLVES:
To make an amendment to the Regulation "On Signs of Payment and Rules for the Exchange of Banknotes and Coins of the Kyrgyz Republic", approved by Resolution of the Board of the NBKR No. 33/5 of August 27, 2008, registered in the Ministry of Justice of the Kyrgyz Republic on October 2, 2008, registration number 122-08 (attached).
To publish this Resolution on the official website of the National Bank of the Kyrgyz Republic.
After official publication, to direct this Resolution to the Ministry of Justice of the Kyrgyz Republic for inclusion in the State Register of Regulatory Legal Acts of the Kyrgyz Republic.
This Resolution shall enter into force upon the expiration of 15 days from the date of official publication.
To bring this Resolution to the attention of commercial banks, financial and credit institutions, regional departments, and the Batken Representative Office of the National Bank of the Kyrgyz Republic through the Cash Management Department.
To assign control over the implementation of this Resolution to S.K. Alybaeva, Member of the Board of the National Bank of the Kyrgyz Republic.
| Chairman | Z. Asankozhoeva |
| Appendix to Resolution No. 35/12 of the Board of the National Bank of the Kyrgyz Republic of September 25, 2013 |
To make the following amendment to the Regulation "On Signs of Payment and Rules for the Exchange of Banknotes and Coins of the Kyrgyz Republic", approved by Resolution of the Board of the National Bank of the Kyrgyz Republic No. 33/5 of August 27, 2008:
Paragraph 16 shall be worded as follows:
"16. The exchange of damaged banknotes/coins specified in paragraphs 3 and 5 of this Regulation for sound ones, as well as the exchange of banknotes/coins of one denomination for others at the National Bank, commercial banks, and financial and credit institutions, shall be carried out without any limit on the amount and without charging fees for these services."
| Chairman | Z. Asankozhoeva |
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