From April 19, 2026, updated Rules for Conducting Currency Transactions in Kazakhstan, adopted by the National Bank as part of the law on financial market regulation and development, come into force. On April 10, Zhasulan Muratov, Director of the Balance of Payments Department of the National Bank of Kazakhstan (NBK), explained the key changes. The amendments affect legal entities and individuals conducting foreign currency transactions.
What Remains Unchanged
No conceptual changes are provided for by the rules. The procedure for conducting and monitoring currency transactions remains unchanged.
The threshold amounts for including transactions in reports remain the same:
from 10,000 US dollars for individuals;
from 50,000 US dollars for legal entities.
The procedure for purchasing and selling non-cash foreign currency remains the same and is still governed by the Rules for Conducting Currency Transactions in the Republic of Kazakhstan.
What Has Actually Changed
The procedure for conducting currency transactions has been clarified — editorial and technical clarifications have been made to the regulations.
Monitoring of accounts of resident legal entities opened with international financial organizations has been clarified.
Reporting forms for currency transactions have been optimized (the list of data for second-tier banks remains unchanged).
A more flexible mechanism for approving threshold amounts for the purchase of non-cash foreign currency by legal entities on the domestic foreign exchange market has been introduced. The threshold value is now approved by a separate resolution of the National Bank Board, allowing it to be adapted more quickly to market conditions.
Why This Matters for Businesses
Although there are no conceptual changes, the updated rules bring clarity and simplify certain procedures. At the same time, businesses need to:
monitor possible changes in threshold amounts for currency purchases (they can now change more quickly);
correctly complete the updated reporting forms;
comply with the procedure for monitoring accounts with international financial organizations.
Risks of Non-Compliance
Violation of the procedure for conducting currency transactions may lead to administrative liability and fines.
Failure to submit or late submission of reports on currency transactions is also grounds for penalties.
Incorrect accounting of threshold amounts when purchasing currency may lead to limit violations and transaction blocking.
What Businesses Should Do
Check whether your operations are affected by the new rules (monitoring accounts in international organizations, reporting).
Update internal currency control regulations.
Monitor National Bank Board resolutions on changes to threshold amounts for currency purchases.
How Acsour Can Help
Acsour experts are ready to:
advise on the new currency transaction rules;
help update internal regulations and accounting policies;
verify the correctness of completing the updated reporting forms;
ensure full compliance with currency legislation in foreign economic activity.
Contact us — we will help you navigate the new rules and avoid violations of currency legislation.