Currency control
The currency legislation in force on the territory of the Republic of Kazakhstan plays an important role during the formation of new economic relations and is primarily aimed at ensuring economic security, achieving sustainable economic growth of the country, containing inflationary processes and, ultimately, strengthening the country’s position in the international community.
Subsidiary JSC VTB Bank (Kazakhstan) exercises, in accordance with the current currency legislation, currency control over all types of foreign exchange transactions carried out, including under foreign trade agreements, credit agreements and loan agreements, as well as foreign exchange transactions carried out under non-trade transactions.
Highly qualified VTB specialists provide consultations to the Bank's clients at any stage of their transactions.
The main advantages of VTB in the field of currency control
- providing Bank clients with free consultations on currency control issues, including when working out complex transactions in foreign economic activity;
- speed of execution of currency control documents in accordance with regulations of the National Bank of the Republic of Kazakhstan;
- regular and timely informing the Bank's clients about all changes in the current currency legislation of the Republic of Kazakhstan by posting an announcement in the bank's operating room;
- Competitive bank commission rates for VTB performing the functions of a currency control agent.