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Finance 21/04/2022 Central Bank ensures uninterrupted settlements for foreign trade operations
Central Bank ensures uninterrupted settlements for foreign trade operations

Tashkent, Uzbekistan (UzDaily.com) -- As part of making payments under foreign trade contracts, money transfer systems and making other cross-border payments, the activities of the relevant International Financial Message Transmission System have been established.

Currently, in order to prevent the risks associated with the continuity of cross-border mutual settlements, as well as to ensure timely and unlimited payments (money transfers) for current international transactions of business entities and the population, commercial banks, if desired, take measures to organize the work of alternative payment systems.

In turn, the Central Bank monitors the current situation on an ongoing basis and, if necessary, will ensure that additional measures are taken to maintain the stable operation of the banking and payment systems, including ensuring the uninterrupted operation of mutual settlements and the free exchange of financial messages within the framework of international relations.

 

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