CBU abolishes requirement on letter of attorney for banking payment cards
18/07/2011 19:49
CBU abolishes requirement on letter of attorney for banking payment cards
18/07/2011 19:49
Tashkent, Uzbekistan (UzDaily.com) -- Central Bank of Uzbekistan introduced changes to regulation on order of issuing banking payment cards and their circulation in Uzbekistan.
In line with changes, now banking payment cards can be transferred to third persons (for example family members, friends and other relatives), which can carry out payments without letter of attorney from the cardholder.
Earlier, it was allowed to carry any transactions with banking payment cards by third persons only in existence of the letter of attorney, provided by cardholder.
Central Bank of Uzbekistan also abolished norm, in line with which sellers had right to request cardholders to provide identity document.
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