If the contract amount on the date of its conclusion exceeds USD 50,000 (contract currency equivalent), it is necessary to obtain an account number (AN). In addition, if the contract amount is not specified in the foreign exchange contract for export or import on the date of its conclusion, such a contract is also considered as a contract subject to accounting registration.

Under a foreign exchange contract subject to accounting registration, currency transactions are made only if there is an assigned accounting number (AN). Legal entities — residents and non-residents must provide documents if the transaction amount exceeds USD 10,000 (payment currency equivalent). Individuals and legal entities - non-residents, when conducting a currency transaction in an amount not exceeding USD 10,000 (payment currency equivalent), can conduct the transaction without providing documents. Legal entities - residents, when conducting a transaction for an amount not exceeding USD 10,000 (payment currency equivalent), may conduct transactions without providing documents if they have a supporting record stating that this payment and (or) money transfer is not related to the execution of a foreign exchange contract that requires the AN.

Foreign exchange control documents must be sent to the following email: vk_doc@bcc.kz

To get a copy of the contract with an assigned account number in the BCC Business (web/mobile) system, go to: Foreign exchange control (with/without AN)  — Application for a foreign exchange contract — Select the required contract — Attached files tab — Download document.

When transferring from another bank, a new account number is not assigned to the foreign exchange contract for export or import. The client submits to Bank CenterCredit: Application for acceptance of a foreign exchange contract with an assigned account number for export or import to Foreign Exchange Control as per the Appendix 3 to the RoK Law on Export-Import Foreign Exchange Control Rules No. 78; Original or a copy of the foreign exchange contract for export or import with a note on assignment of the AN by the previous bank Bank CenterCredit, within 3 working days from the date of receipt of the application and the contract, sends a request to the previous bank for information on fulfillment of obligations under the foreign exchange contract, until which it does not make payments/transfers under the foreign exchange contract. The previous bank, within 3 working days from the date of receipt of the request, removes registration of the foreign exchange contract (without client's application for removal and consent) and sends information on fulfillment of obligations to Bank CenterCredit.

The repatriation period is the period for the performance of obligations by the counterparty to the exporter or importer under the foreign exchange contract. The repatriation period is calculated independently by the exporter or importer, based on the terms of performance of obligations by  parties under the foreign exchange contract, and is the period of time between: The export date and the date of receipt of currency as payment for export; The date of payment/money transfer for import and the date of unused advance payment refund for import in case of non-fulfillment/incomplete fulfillment of obligations by the non-resident; The date of payment/money transfer for import and the date of import (delivery of goods, provision of services, performance of work) in the absence of terms for unused advance payment refund in the foreign exchange contract for import.