What Happened
The Board of the National Bank of the Republic of Kazakhstan adopted a resolution on August 27, 2026, No. 105, which provides for amendments and additions to the resolution of March 30, 2019, No. 40 "On Approval of the Rules for Conducting Currency Operations in the Republic of Kazakhstan." The document was registered with the Ministry of Justice of the Republic of Kazakhstan on August 31, 2026, under No. 39735.
The information provided does not specify which provisions of the Rules have been amended and from what date they are applicable. Therefore, one cannot draw conclusions about new obligations, restrictions, documents, or procedures based solely on the title of the resolution. For practical application, it is necessary to refer to the full official text and the current version of the Rules.
It is also important not to confuse this topic with changes in the official exchange rate of currencies or the base rate of the National Bank. The mentioned document pertains to the regulatory Rules for conducting currency operations. The mere fact of its adoption does not confirm a change in the exchange rate of the tenge, the size of the rate, or the conditions of a specific banking product.
Who May Be Affected by the Changes
The currency operation rules are potentially significant for individuals and legal entities conducting operations with foreign currency or participating in cross-border settlements. In practice, attention to the updated version may be required:
- by citizens transferring money abroad or receiving foreign transfers;
- by companies and sole proprietors settling with foreign counterparties;
- by exporters and importers;
- by banks and other organizations servicing currency operations;
- by business representatives responsible for contracts, payments, accounting, and internal control.
However, belonging to one of these categories does not necessarily mean that the resolution automatically changes the procedure for a specific operation. This can only be determined after comparing the full text of the amendments with the type of payment, the status of the participants, the terms of the contract, and the requirements of the servicing bank.
What to Check Before a Currency Operation
First, it is necessary to find the official text of resolution No. 105 and the current version of the Rules approved by resolution No. 40. When reading, it is important to separate the amended norms from the provisions that continue to operate without corrections.
Then, it is useful to check internal processes and documents related to currency operations. For businesses, this may include contracts with non-residents, accounts, payment orders, supporting documents, bank questionnaires, instructions for accounting, and the procedure for approving payments. Individuals should clarify in advance with the bank the list of information and documents required for the planned transfer or other operation.
A practical course of action may look like this:
1. Determine the type of operation and the status of its participants.
2. Find in the current version of the Rules the provisions specifically related to this operation.
3. Compare them with the previous version and the text of resolution No. 105.
4. Clarify with the servicing bank whether its forms, requirements, or verification procedures have changed.
5. Update internal instructions only after confirming the content and date of application of the amendments.
If the operation is urgent or of significant importance for the business, it is reasonable to request a written clarification from the bank regarding the procedure. In the case of a complex transaction structure, professional consultation may be required, taking into account the documents and circumstances of the specific operation.
Timelines and Application
The resolution was adopted on August 27, 2026, and registered on August 31, 2026. The date of entry into force of the amendments is not specified in the provided data. It should be checked directly in the official text of the document, including the final provisions on the implementation.
Until such verification, one should not consider the date of adoption or state registration as the automatic date for the commencement of application of all changes. Organizations should document when the official version was reviewed, which processes are affected, and from what moment updated forms or instructions should be used, if such changes are indeed provided for in the document.
Frequently Asked Questions
Does resolution No. 105 change the exchange rate of the tenge? — The information provided does not confirm this. The document is stated as an amendment and addition to the Rules for conducting currency operations.
Is it known what requirements have changed? — No, the available data does not disclose the content of individual amendments. Exact changes should be viewed in the full official text and the current version of the Rules.
When do the new provisions come into effect? — The date of application is absent in the provided data. It should be determined from the official text of the resolution.
Do contracts and internal instructions need to be changed immediately? — Not automatically. First, it is necessary to determine whether the amendments affect specific operations and documents of the organization.
Where to clarify the procedure for conducting the operation? — In addition to the official text of the Rules, one can contact the servicing bank and describe the specific payment, its participants, and purpose.
Sources
On Amendments and Additions to the Resolution of the Board of the National Bank of the Republic of Kazakhstan of March 30, 2019, No. 40 "On Approval of the Rules for Conducting Currency Operations in the Republic of Kazakhstan"