BFC Bulletins Monthly News Digest
Tags Money Transfers Payments Regulation
The Board of the National Bank of Kyrgyzstan has adopted amendments to the resolution ‘On Electronic Money’ that prohibit the replenishment of electronic wallets (e-wallets), prepaid cards and/or virtual prepaid cards from the personal accounts of other services, including mobile phone balances. The decision means that the replenishment of electronic wallets can only occur via:
- Transfer from a bank account
- Transfer from an electronic wallet, prepaid card and/or virtual prepaid card
- Transfer made via a money transfer system registered with the National Bank
- Automated self-service cash-in terminals
- Agents of a commercial bank and/or payment institution
