Conditional deposit for attraction of foreign labor force

Name of characteristic of the product

Characteristic of the product

General description of the product

Contribution opened according to legislation of the Republic of Kazakhstan (hereinafter referred to as – «RK») on execution of labor and professional activities of foreigners and stateless persons in the territory of the Republic of Kazakhstan. Guarantee payment for labor force imported to the Republic of Kazakhstan in order to ensure return of foreign specialists and workers to the country of their residence upon expiration of employment contract. 
The Deposit is opened for each foreign worker or the total number of attracted foreign workers.

Deposit period

From the date of enrollment of deposit amount to the savings account and it is valid until submission to the Bank by the Depositor of written permission of authorized body on employment issues for return of the Deposit to the depositor or until occurrence of other conditions provided in the Contract of bank deposit

Deposit currency


Minimum amount of the deposit

According to regulatory legal acts of the Republic of Kazakhstan

Interest rate

Within the limits of rates for demand deposits approved in the Bank

Category of clients

Legal entities, including financial organizations – resident of the Republic of Kazakhstan

Interest payment

When closing the savings account

Additional contributions / withdrawals

Are allowed