What happens if you have less than 1.236 million soums on your card?

1 min read3.5K
What happens if you have less than 1.236 million soums on your card?

Starting April 15, 2024, Uzbekistan has imposed a restriction on withdrawing funds from bank cards down to zero. According to the Uzcard payment system, financial institutions must now maintain a certain minimum balance on cards for loans, installment payments, microcredits, and other debt obligations.

According to the new rule, banks must maintain a balance of at least 3 times the basic calculation amount on the card, which is not less than 1 million 236 thousand soums. Therefore, if there is less money on the card than this sum, banks will not have the opportunity to withdraw funds automatically.

This change is being introduced to ensure the financial security of the population and prevent citizens from being left without funds.

No ads with a subscription

Zamin Premium — 4 900 UZS a month

Comments0

…

  1. Digitize your auto service: Don't lose customers with Bip Business
  2. Is it dangerous to write a number on a car window? Bip has found a new solution for drivers!
  3. 8 Common Financial Mistakes: What to Avoid?
  4. Playmatch: Simplifying Operations for Pitch Owners
  5. Playmatch: All Necessary Football Services in One App
  6. How to choose a card for daily expenses?
  7. Eldor Shomurodov Football Academy and TBC Bank: From childhood dreams to big football
  8. Advantages of OSGOP insurance for drivers and carriers
  9. Another creativity from Pure Milky: Every step - with love for dear people!
  10. Where should you work to increase your chances of getting a loan