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Uzbek Central Bank changes instruction on bank accounts

29 October 2018 [10:38] - TODAY.AZ

By  Trend


The changes and additions have been made to the instruction on bank accounts being opened in the country’s banks upon a decree of the Board of the Central Bank of Uzbekistan, the NUZ-UZ reported.

Firstly, when opening a bank account, it is forbidden for banks to urge business entities to seal documents or give sealed documents.

This ban applies even when a business entity has a seal. There are also no differences by types of business entities (individual entrepreneurs, microfirms, small enterprises, big businesses).

From now on, cards with samples of only signatures will be used in the document flow (earlier - cards with samples of signatures and imprinted stamp).

Secondly, legal entities whose founders are individuals - residents of Uzbekistan will be able to open bank accounts in national and foreign currency when passing state registration.

The bank account agreement will be concluded upon its opening by acceptance of the offer of the bank (that is, by unconditional consent to the conditions offered by the bank).

At the same time, legal entities will be able to make payments only after submitting a card with signature samples, as well as documents certifying the identity of the first and second signature holders. The bank staff will make copies of personal documents and return the originals back.

URL: http://www.today.az/news/regions/175403.html

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