Measures aimed at prevention of illegal cashing in of money
JSC “Bank of Astana” (hereinafter – Bank) informs that the Bank made decision on performance of appropriate measures in accordance with recommendations of the National Bank of the RK with the purpose of prevention of legitimization (laundering) of proceeds of crime, or terrorism financing.
Measures are aimed at restriction of operations on cash withdrawal by customers – legal entities and include following measures:
establishment of procedure on submission of preliminary applications on cash withdrawal in amount, equal or more 25 mln. KZT, and term of application consideration is 3 working days;
inquiry (by check list) of customers in case of cash withdrawal in amount, equal or more 25 mln. KZT, 75000 EURO and pounds, 80000 USD, 6,5 mln. RUB (hereinafter – threshold amount; check list contains questions about target purpose of money and source of funds (answers on these questions shall be more detailed);
collection of additional information and documents about operation;
establishment of increased commission for one or several operations on cash withdrawal, performed during operating day in the amount of threshold amount;
refusal in establishment and termination of current business relations with organizations, which have high risk of pseudo business activity, and which were included in list of State Revenue Committee of the MF of the RK;
termination of current business relations with customers if there are suspicions that business relations are used by the customer with the purpose of legitimization (laundering) of proceeds of crime, or terrorism financing.
Rights and obligations of the Bank and customers, taking into account abovementioned measures, are given in Rules on general terms of operations. You can get acquainted with these Rules from manager or on site of the Bank in section “Rates” (business customers).
In view of the foregoing, the Bank asks its customers to understand and to render assistance in submission of necessary documents and information upon request of the Bank’s employees.