Documents required to get the service

• Application form ( download form );

• Information about the availability of the bank to conduct transactions in foreign currency;

• The organizational structure of the bank with the description of units engaged in transactions in foreign currency ( qualified personnel, specialized departments and their technical equipment ), copy of the letter of the authorized bank (having a general license to conduct transactions in foreign currency) to sign a consent agreement correspondent;

• Information about potential foreign partners to conclude agreements correspondent (for banks seeking to the Central Bank of the Republic of Uzbekistan for the general license ) .

Legal basis for service provision

Law of the Republic of Uzbekistan "On the Central Bank of the Republic of Uzbekistan" № 154-I dated 21.12.1995; Law of the Republic of Uzbekistan "On Currency Regulation" № 556-II dated 11.12.2003; Rules for issuing licenses to commercial banks to conduct transactions in foreign currency (registered in the Ministry of Justice of the Republic of Uzbekistan August 3, 1998, № 463).

Cost and method of payment for the service

For issuing licenses to commercial banks to conduct transactions in foreign currency fee of 1000 U.S. dollars.

Period of dealing with an application

The licensing authority decides to grant or deny a license within a period not exceeding thirty days from the date of receipt of the application of the license applicant with all necessary documents.

Methods for obtaining results

The licensing authority shall notify the licensee of the decision, to grant or deny a license within 3 days after the decision.

Result of the service

Granting or denial of a license.

Reasons for refusal

• Not a complete representation of the required documents;

• false or distorted information vpredostavlennyh documents.

Order of appeal

In the manner prescribed by law.