REGARDING CHANGES IN THE RULES OF CURRENCY OPERATIONS IN THE REPUBLIC OF KAZAKHSTAN

Dear Clients,

In accordance with the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 19, 2020 No. 25 “On Amending the Resolution of the Board of the National Bank of the Republic of Kazakhstan dated March 30, 2019 No. 40“ On the Approval of the Rules for Currency Transactions in the Republic of Kazakhstan ”(hereinafter – the“ Resolution “)

When purchasing non-cash foreign currency for the national currency in the amount exceeding 50,000 (fifty thousand) US dollars equivalent for 10 (ten) business days, Client must use them for the purposes stated by the Client. If the Client does not use the purchased non-cash foreign currency for the national currency for the purposes stated by the Client, the authorized bank is entitled to sell non-cash foreign currency for the national currency.

The full text of the Resolution can be found on the official Internet resource of the National Bank of the Republic of Kazakhstan.

The team of First Heartland Securities JSC will be glad to answer any of your questions by e-mail: sales@fhs.kz as well as by phones of specialists of the Sales and Customer Service Department:

Karlygash Abisheva
+7 (727) 344 29 00 (ext. 142)
k.abisheva@fhs.kz

Gulzhan Rashova
+7 (727) 344 29 00 (ext. 123)
g.rashova@fhs.kz

Yours faithfully,
JSC First Heartland Securities

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