Banking activity

The banking activity shall be execution of banking operations, and execution of other stipulated by this article, operations by banks and organizations, fulfilling separate types of banking operations.

Banking operations include:

a) acceptance of deposits, opening and conducting of bank accounts of legal entities;

b) acceptance of deposits, opening and conducting of bank accounts of individuals;

c) opening and conducting of correspondent accounts of banks and organizations, fulfilling separate types of banking operations;

c-1) opening and conducting of metallic accounts of individuals and legal entities, on which the physical number of affined precious metals, belonging to this person, has the influence;

d) cash operations: services on acceptance of bank notes and coins in the purposes of their exchange, re-calculation, sorting, package, storage, and following issue;

e) transferring operations: execution of instructions of legal entities and individuals on money transmittance;

f) accounting operations: account (discount) of the bills of exchange and other promissory notes of legal entities and individuals;

g) borrowed operations: granting of credits in money terms under conditions of payment, urgency and re-currency;

h) execution of accounts on instruction of individuals and legal entities, including bank-correspondents, upon their bank accounts;

i) bank trust: management of money, chose in action on real-estate loans and affined precious metals in the interests and upon instruction of truster;

j) interbank clearing: collection, revise, sorting, and confirmation of payments, and execution of their mutual accounting and determination of clear positions of clearing participants – banks and organizations, fulfilling separate types of banking operations;

k) safe operations: services on care of securities, issued in documentary form, documents and valuables of customers, including leasing of safe boxes, cupboards, and premises;

l) pawn operations: granting of short-term credits on the security of deposited convertible securities and other movables;

m) issue of charge cards;

n) cashing of bank notes, coins and valuables;

o) organization of exchange operations with foreign currency;

p) acceptance for collection of payment documents (except for bills of exchange);

q) issue of cheque-books;

r) opening (posing) and confirmation of the letter of credit and execution of

obligation on it;

s) issue of banking guarantees, stipulating execution in money terms;

t) issue of bank guarantees and other obligations for third parties, stipulating execution in money terms.

Banks and organizations shall be entitled to fulfill in a case of availability of authorized body license the following operations:

a) purchase, acceptance for pledge, accounting, storage, and sale of affinated precious metals (gold, silver, platinum, metals of platinum group) in bars, coins from precious metals;

b) purchase, acceptance for pledge, accounting, storage, and sale of jewelry products, containing precious metals and precious stones;

c) operations with the bills of exchange: acceptance of bills for collection; rendering of services on payment of bills by payer, and payment of addressed bill, accept of bills in procedure of mediation;

d) execution of leasing activity;

e) issue of own securities (except for shares);

j) factoring operations: purchase of the rights of payment demand from purchaser of commodity (works, services) with taking of the non-payment risk;

k) forfeiting operations (forfeiting): payment of promissory notes of purchaser of commodity (works, services) through purchase of the bill of exchange without return on seller.

Banks shall be entitled to fulfill following types of professional activity inequity market:

a) brokerage house – with state securities of the Republic of Kazakhstan and countries, having minimal required rating of one of rating agencies or without such upon the decision of the National Bank of the Republic of Kazakhstan, derivative securities, base assets of which is the foreign currency and (or) bonds, permitted to purchase by banks of second level in stipulated procedure;

b) dealer house – with state securities of the Republic of Kazakhstan and countries, having minimal required rating of one of rating agencies or without such upon the decision of the National Bank of the Republic of Kazakhstan, derivative securities, base assets of which is the foreign currency and (or) bonds, permitted to purchase by banks of second level in stipulated procedure, other securities;

b-1) investment portfolio management;

c) custody house.

The authorized body shall issue the license for the execution by banks of one or several combined from above stated types of professional activity in the equity market.

Banks guarantee secrecy on operations and deposits of its depositors, customers, and correspondents, and secrecy of property, kept in safe boxes, boards, and premises of the bank. Bank secrecy shall include information of availability, owners, numbers of bank accounts of depositors, customers, and correspondents of bank, of the balance and flow of money on these accounts and accounts of the bank itself, of bank operations (except for general terms of bank operations execution), and information of availability, owners, character and cost of customers’ property, kept in safe boxes, boards and premises of the bank.

Bank secrecy does not include information of credits, issued by bank, being in the process of liquidation.

Дата добавления: 2014-10-17