Resolution of the Board of the National Bank of the Republic of Kazakhstan dated August 27, 2026 No. 105 "On Amendments and Additions to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 30, 2019 No. 40 "On Approval of the Rules for Conducting Currency Operations in the Republic of Kazakhstan"

NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN		BOARD RESOLUTION
August 27, 2026 Astana city		No. 105 Astana city

On Amendments and Additions to

the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 30, 2019 No. 40 "On Approval of the Rules for Conducting Currency Operations in the Republic of Kazakhstan"

The Board of the National Bank of the Republic of Kazakhstan RESOLVES:

1. Make the following amendments and additions to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 30, 2019 No. 40 "On Approval of the Rules for Conducting Currency Operations in the Republic of Kazakhstan" (registered in the Registry of State Registration of Normative Legal Acts under No. 18512):

in the Rules for Conducting Currency Operations in the Republic of Kazakhstan, approved by the said resolution:

paragraph 26 is supplemented with part three of the following content:

"Transfers by a resident legal entity that is a participant of a special regulatory regime introduced by a decision of the Board of the National Bank, carrying out activities on the issuance and circulation of digital financial assets secured by money (stablecoins), of non-cash foreign currency to accounts in a foreign bank, a foreign financial organization carrying out financial activity based on a license (permit) issued by the authorized body of the corresponding state, for the purpose of fulfilling obligations for the redemption of digital financial assets secured by money (stablecoins) used in accordance with a currency contract for export or import, are considered as purposes related to the fulfillment of obligations in foreign currency.";

paragraph 27 is presented in the following wording:

"27. A resident legal entity, when purchasing non-cash foreign currency for national currency at one authorized bank on one working day for purposes related to the fulfillment of obligations, for an amount exceeding the threshold value of the sum of purchasing non-cash foreign currency, attaches to the application(s) for the purchase of non-cash foreign currency:

1) a copy of the currency contract, in accordance with which non-cash foreign currency is purchased;

2) an instruction to the authorized bank, in case the purchased non-cash foreign currency is not used for the stated purposes within ten working days from the date of its purchase, to sell it for national currency within the subsequent three working days, except for cases provided for in paragraph 28 of the Rules.

A resident legal entity that is a participant of a special regulatory regime introduced by a decision of the Board of the National Bank, carrying out activities on the issuance and circulation of digital financial assets secured by money (stablecoins), when purchasing non-cash foreign currency for national currency at an authorized bank for purposes related to the fulfillment of obligations for the redemption of digital financial assets secured by money (stablecoins), for an amount exceeding the threshold value of the sum of purchasing non-cash foreign foreign currency, submits with the application(s) for the purchase of non-cash foreign currency:

1) information on account numbers assigned to currency contracts for export or import;

2) an instruction to the authorized bank, in case the purchased non-cash foreign currency is not used for the stated purposes within ten working days from the date of its purchase, to sell it for national currency within the subsequent three working days.

When purchasing non-cash foreign currency for national currency at one authorized bank on one working day under several applications, the sum of which individually does not exceed the threshold value of the sum of purchasing non-cash foreign currency, but as a result of addition exceeds the threshold value of the sum of purchasing non-cash foreign currency, the requirements of the first part of this paragraph apply to applications, the execution of which will lead to exceeding the threshold value of the sum established in the first part of this paragraph.

It is not allowed to use non-cash foreign currency purchased in accordance with this paragraph of the Rules for purposes not related to the fulfillment of obligations in foreign currency.

If the currency contract is subject to assignment of an account number, then a copy of the currency contract with a mark about the assignment of the account number, or a copy of the registration certificate, or a copy of the notification certificate is submitted.

Purchase of non-cash foreign currency for national currency by authorized organizations from an authorized bank is carried out based on a valid license for exchange operations with cash foreign currency and a valid attachment (valid attachments) to it.";

paragraph 29 is presented in the following wording:

"29. When executing the application(s) of a resident legal entity for the purchase of non-cash foreign currency in accordance with paragraphs 27 and 28 of the Rules, the authorized bank checks the purchase purpose and the amount of non-cash foreign currency indicated in the application(s) against the currency contract confirming the purpose and amount of the purchase of non-cash foreign currency, as well as against available information on previously carried out purchases of non-cash foreign currency for national currency based on this currency contract.

When executing the application(s) of a resident legal entity that is a participant of a special regulatory regime introduced by a decision of the Board of the National Bank, carrying out activities on the issuance and circulation of digital financial assets secured by money (stablecoins), for the purchase of non-cash foreign currency in accordance with part two of paragraph 27 of the Rules, the authorized bank checks the information on account numbers assigned to currency contracts for export or import against information from the digital system of the National Bank on such account numbers, confirming the purpose and amount of the purchase of non-cash foreign currency, as well as against available information on previously carried out purchases of non-cash foreign currency for national currency.

It is not allowed to exceed the total amount of purchases of non-cash foreign currency for national currency under a currency contract over the amount of the currency contract. The total amount of purchases of non-cash foreign currency for national currency under a currency contract is calculated based on the applications of the resident legal entity and/or information from other authorized banks on carried out purchases of foreign currency within the framework of this currency contract.";

the second paragraph of paragraph 31 is presented in the following wording:

"the sum of purchases of non-cash foreign currency for national currency under one currency contract, calculated based on the applications of the resident legal entity and/or information from other authorized banks on carried out purchases of foreign currency, exceeds the amount of such currency contract;".

2. The Balance of Payments Department of the National Bank of the Republic of Kazakhstan shall ensure in the manner established by the legislation of the Republic of Kazakhstan:

1) together with the Legal Department of the National Bank of the Republic of Kazakhstan, the state registration of this resolution in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this resolution on the official Internet resource of the National Bank of the Republic of Kazakhstan after its official publication;

3) within ten working days after the state registration of this resolution, submission to the Legal Department of the National Bank of the Republic of Kazakhstan of information on the execution of the measure provided for in subparagraph 2) of this paragraph.

3. Control over the execution of this resolution[1] is entrusted to the Deputy Chairman of the National Bank of the Republic of Kazakhstan overseeing this area.

4. This resolution shall enter into force upon the expiration of ten calendar days after the day of its first official publication.

Chairman	T.M. Suleimenov

Copy is correct:

Chief Specialist-Secretary of the Board Zh. Mukhambetova

1. On Amendments and Additions to the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 30, 2019 No. 40 "On Approval of the Rules for Conducting Currency Operations in the Republic of Kazakhstan" ↑