Now the cards for non-residents are valid for one year. After this period, the card will stop working, but customers will be able to continue managing their finances through the bank's services.
According to RIA Novosti, the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan emphasized that bank accounts to which the cards are linked will continue to be serviced after their expiration date. The Bank will notify the customer in advance that the card's validity period is coming to an end and will provide an opportunity to dispose of funds on the account.
Photo: ru.freepik.com
In addition, non-residents will be able to freely cash out and transfer money by visiting the department of the credit institution.
Since the beginning of 2024, Kazakhstan has introduced a limit on the validity period of payment cards for non—residents - it is 12 months. This is done in order to reduce the risks of using banking services for illegal purposes.
