15 февраля 2021 г.

Change in terms notice on carrying out transactions for the purchase and sale of foreign exchange at Joint-stock innovation commercial bank «Ipak Yuli»

Dear Clients!

This is to let you know that on January 9, 2021, the Board of the Central Bank of the Republic of Uzbekistan adopted a resolution on further improving operations for the purchase and sale of foreign currency in the domestic foreign exchange market, in accordance with which, starting from February 15, 2021, the procedure for carrying out transactions for the purchase and sale of foreign currency will be changed on the domestic foreign exchange market (For more details, please refer to the link: https://cbu.uz/ru/press_center/news/436150/).

Under the paragraph 5.2 of the  Currency Purchase Master Agreement and paragraph 5.2 of the Currency Sale Master Agreement, hereby the Bank notifies you of the termination from 23.02.2021 of:.

- The Currency Purchase Master Agreement and Addendums to it;

- The Currency Sale Master Agreement and Addendums to it.

Therewith, please be kindly informed  that from the moment of termination of the abovementioned Agreements, сlients relationship on the purchase and sale of foreign currency will be governed by the Regulation for the purchase and sale of foreign currency, which is attached  to the Accession Agreement on the comprehensive banking service rules at Joint-stock innovation commercial bank «Ipak Yuli». The Regulation is an integral part of the Accession Agreement and become binding on the parties from the moment the Client submits an application in the established form for receiving this banking service.

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