Dear Customers!
Starting from 1 January 2025, according to the changes in the currency legislation of the Republic of Kazakhstan, monitoring of non-cash purchase/sale of foreign currency by legal entities will be intensified. These changes will affect several key aspects that you should be aware of.
Purchase and (or) sale of non-cash foreign currency in the domestic foreign exchange market of the Republic of Kazakhstan through bank accounts in authorised banks is carried out by residents and non-residents on the basis of an application in which the Payment Purpose Code (hereinafter - PPC) must be correctly indicated, namely:
- Purchase of non-cash foreign currency - the PPC shall be indicated as ‘213’;
- Sale of non-cash foreign currency - the PPC shall be indicated ‘223’.
In case of incorrect indication of PPC, the Bank will not accept the transaction on purchase and (or) sale of non-cash foreign currency for execution.
If you have any additional questions, please contact the Bank's branches. We are always ready to provide necessary support and consultation.
Regards, Bank Administration