Residential enterprises, cooperatives, unions of cooperatives, credit institutions and foreign bank branches are allowed to borrow and pay foreign debts on the basis of self – borrowing and self- repayment principles in accordance with laws. Individual residents are permitted to borrow and pay foreign debts on the basis of self – borrowing and self- repayment principles in line with the Government’s regulations. Resident borrowers are required to complying with applicable regulations and conditions on overseas borrowing and payment; register the debts, open and utilize bank accounts, withdraw and transfer money to pay the debts, report the loan utilization in accordance with regulations.

For foreign debts guaranteed by the Government, after the Ministry of Finance signed a guarantee letter for debtors, the SBV will confirm the registration/ registration of changes of foreign debts in accordance with the applicable regulations on management of corporate borrowing and repayment of foreign debts.

Economic organizations conduct overseas lending operations, except for the export of deferred payment goods and services; and to serve as a guarantee for non-residents at the approval of the Government. The SBV is responsible to guide the procedures for opening and using foreign debt accounts, transferring capital abroad and collecting foreign debts, registering and recovering the debts and other capital transfer transactions related to lending and foreign debt collection by the economic organizations.