FAQ ISMT

SCF (1996), MSPD (2000), MSPD-2 (2010)

State Institution “National Payment Corporation of the National Bank of the Republic of Kazakhstan” (RGP)

State Institution “National Payment Corporation of the National Bank of the Republic of Kazakhstan” (RGP)

Regulatory documents governing the settlement process in MSPD are available [here](not provided).

Open access for banks and non-banking institutions with the right to conduct banking operations and approval from the National Bank.

From 9:00 to 20:00, with the possibility of further extension of the operational day.

MT 100, MT 102, MT 900, MT 910, MT 905, MT 998, MT 192, MT 195, MT196, MT 920, MT 950, MT 951, MT 954, MT 993.

Clearing system, Mass Electronic Payment System, State Corporation “Government for Citizens,” National Bank, Kazakhstan Stock Exchange, Securities Depository, second-tier banks.

Clearing based on the calculation of net positions at specific intervals.

Yes, as a clearing agent for trading results using the DVP mechanism.

Centralized account.

Yes, according to an agreement with the National Bank of Kazakhstan (automatic provision project under consideration).

Yes, according to KASE rules.

Yes, until 18:00 (according to an agreement with the National Bank of Kazakhstan).

Daily money market, overnight credit market – Yes.

FIFO (First In, First Out) is used as a standard rule for queuing.

Yes, real-time information on incoming transactions in the queue on demand.

Yes.

Yes, during the day.

Yes.