In Kazakhstan, they limited the validity of bank cards for non -residents up to 12 months.
Agency of the Republic of Kazakhstan on the regulation and development of the financial market (hereinafter referred to as the Agency), the Decree of the Agency Board of December 31, 2024 No. 96 “On Amending Certain Legal Acts of the Republic of Kazakhstan on the regulation of financial organizations”.
The amendments were made to minimize the risks of using banking services in the field of drug trafficking and digital assets, the report said.
In addition, the department reduced the number of cards allowed for registration by one client.
Banks from now on will have to check the documents of non-resident customers.
non -residents – legal entities, individuals acting in one state, but permanently residing in another.