Dear Customers, attention please!
From 13 January 2025, Kazakhstan will use ISO 20022 international standard for messaging between financial institutions. This standard will be regulated by the National Bank of the Republic of Kazakhstan and used by commercial banks.
ISO 20022 is an international standard for exchange of data between banks and financial institutions. It defines the rules and message formats that are used in financial transactions.
Changes will be made to all external payments in tenge from KZI BANK to other second-tier banks, as well as organization of the State Revenue Committee, National Agency for Public Procurement “Government for Citizens” and Treasury Committee of the Ministry of Finance of the Republic of Kazakhstan.
Changes will not be made to payments in foreign currency.
New fields will appear in payments, which customers can fill in as an option:
1. Actual payer - who makes payment.
2. Actual payee - whom funds are credited to.
3. Residency country code (for non-resident payees) - to be filled in only for payees who are not residents of the Republic of Kazakhstan.
To make changes to your accounting system (e.g., 1C, SAP, MS Dynamics, etc.), you need to contact IT specialists who support the system in order to make required settings.