2. Bank card accounts Bank cards Law of the Republic of Uzbekistan "On Payments and Payment Systems" of November 1, 2019, "Central Bank of the Republic of Uzbekistan" of April 3, 2021 "Issuance and operations by commercial banks on the issuance of bank cards and the procedure for their circulation in the Republic of Uzbekistan on the basis of Regulation No. 1344 and other regulations.
A bank card can be a virtual (non-physically available) card, including a debit, credit card, according to the order of transactions.
Transactions using plastic cards involve the creation of other documents (ATMs, receipts, etc.) expressed on paper (slip, document from electronic notebook), as well as other documents provided for in the contract between the participants in the account.
Documents are drawn up in copies sufficient for the parties involved in the settlement. Receipts must contain all the information that is sufficient to manually restore the transactions performed.
Electronic documents to the bank-excavator, ie trade or service
the provider is sent to a bank, bank-issuer or clearing house specified in the contract.
The technology of settlements on plastic cards between the divisions of a single bank, the type of plastic cards used and their capabilities are determined independently by the General Bank.
Settlements between banks on plastic cards provide the following options:
settlements are conducted on a general basis through the current electronic payment system;
transfer of settlements through the processing center organized by the participants of the settlements during the day by transferring the final mandatory calculation of mutual liabilities and the amount of final settlements to the correspondent accounts of commercial banks.
General calculations for transactions using plastic cards through the electronic payment system are made in the following order:
in the authorization calculations conducted by the bank-issuer:
on the basis of electronic documents received from the specified sales or service enterprises, the service concluded through the use of plastic cards, the bank-excayer transfers funds to his account, an electronic memorial order with automatic debit is formed and sent to the bank-issuer through the electronic payment system;
on the basis of the electronic memorial order debit in the bank-issuer is programmatically deducted from the funds on the card account. The debit electronic memorial order will be issued on paper and sewn to the collection of daily documents;
2) in pre-authorized accounts, which are mandatory by the bank-issuer:
on the basis of electronic documents obtained from the service companies, concluded through the use of plastic cards in accordance with the rules of use of technology, an electronic notification is automatically generated in the bank and ETT for authorization and implementation of projects sent to the bank-issuer;
the bank-issuer authorizes the transit on the basis of the received electronic notification, the sales and service services under the electronic payment system are sent to the bank-exporter on the electronic payment system for the transfer of funds to the required deposit account of enterprises, automatically forms an electronic memorial order to write off funds from the client's card account;
On the basis of an electronic memorial order received from a bank issuer, the commercial and service services to the banker are transferred to the deposit account of enterprises. The memorial order will be issued on paper and will be sewn to the bank’s daily document collection.
Settlements through process centers are performed in the following order:
all transactions on plastic cards during the day are carried out through processing centers in the manner approved by the participants of the settlements and are reflected in separate personal accounts opened for each bank that is a party to the accounts;
according to the agreement of the participants of the settlement, the final amounts (liabilities) are transferred to commercial banks through correspondent accounts with the periodicity opened in the settlement centers of the Central Bank and specified in the contract;
Based on the information received from the processing center, banks transfer or write-off funds to the customer's account for transactions carried out using plastic cards.
The following accounts are opened in commercial banks to keep accounts of funds on the bank card:
