Dear Clients,
We inform you about the following amendments to the Bank Account Agreement for legal entities, the VAT Control Account Agreement concluded by adhesion, the Bank Account Agreement (individual entrepreneur, peasant (farm) economy) in the escrow account mode, the Bank Account Agreement for legal entities concluded in writing:
“The Bank is a participant in the mandatory deposit insurance system, as confirmed by the certificate of participation of the second-tier bank in the mandatory collective insurance (guarantee) system of deposits of individuals from December 7, 2004 No. 010. The deposit is subject to mandatory insurance guarantee for deposits of individuals in accordance with the legislation of the Republic of Kazakhstan. The Bank notifies the Client of the terms and procedure for payment of the insurance reimbursement as stipulated by the Law of the Republic of Kazakhstan 'On the Mandatory Insurance of Deposits Placed in the Second-Tier Banks of the Republic of Kazakhstan' by posting this notice on the Bank's internet resource”. The amendments were made in connection with changes to the Law of the Republic of Kazakhstan 'On the Mandatory Insurance of Deposits Placed in the Second-Tier Banks of the Republic of Kazakhstan.'”
The changes to the Agreements are effective from July 1, 2021.