Notification of the Unilateral Repudiation of the Integrated Individuals Service Agreement as to Current Account Maintenance

Dear individual clients,

Jýsan Bank herewith informs you that pursuant to the Laws of the Republic of Kazakhstan (paragraph 1, Article 29 of the Law of the Republic of Kazakhstan "On Payments and Payment Systems"), the Bank shall be entitled to repudiate a bank account agreement, if there is no money on the client's bank account for over one year, as well as if there is no cash flow on the  client's bank account for over one year (excluding accounts allowances and welfare benefits payable from the national budget and/or State Social Insurance Fund are to be credited to).

In consideration of the foregoing, the Bank herewith notifies you that the Integrated Individuals Service Agreements shall be terminated as to current account maintenance in a unilateral manner, as well as that accounts lacking cash or cash flows for more than one year will be closed from 01.08.2020.

Date of publication of the notification: 03.07.2020 

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