Baku, Azerbaijan, Dec. 6
By Nigar Guliyeva - Trend:
Holders of cards of Uzbekistan's Central Bank, are now allowed for unlimited withdrawal of cash from ATMs abroad, paying for treatment, air tickets, hotel reservations, as well as online store purchases, the bank said in a report.
In particular, the daily and monthly limits on withdrawing cash in ATMs were abolished, with the possibility of withdrawing funds in an unlimited amount.
Also, country and various target restrictions on the use of conversion cards have been abolished - now the cards are accepted in any shops, hotels, and everywhere , and in all countries of the world.
Individual entrepreneurs are also given the opportunity to purchase foreign currency. Now, entrepreneurs engaged in import of consumer goods are allowed to purchase foreign currency through bank accounts in the order established for individuals (purchased foreign currency funds are transferred to the bank account and an international payment card is issued to the client).
In this regard, individual entrepreneurs can purchase foreign currency in unlimited amounts and, direct the funds to pay for current international transactions (imports of goods and services, etc.).
The use of purchased foreign currency funds by individual entrepreneurs is carried out without restrictions.
At present, banks' commissions for foreign currency purchase and sale are:
- for payment by a conversion card - 0,5-1,0%;
- the commission for the purchase of foreign currency from individuals is not charged;
- for conversion of legal entities' funds - mainly 0,2-0,5%.
The Central Bank recommends all legal entities and individuals to buy foreign currency only from commercial banks.