In this section of the website we’ve collected frequently asked questions about payment for repository services.
Additional information about receiving and paying for invoices by the Principal reporting agents, payment schematics and invoice formation is available in the presentation.
Information about sending payment documents on specified Identification (repository) code is available by the following link.
Payment documents samples
Frequently Asked Questions
Common questions related to billing
Until 1 July, 2016 – section 2.6 of the Terms and conditions for the provision of repository services.
Starting 1 July, 2016 – section 2.6 of the Rules for the provision of repository services.
Payer under invoice is sender of a message to the Repository or receiver of a certain service (e.g. provision of extract from the Contracts register). Therefore payer for the repository services in scope of reporting and recordkeeping information is a Reporting agent.
More information can be found in the presentation.
By submitting Declaration of accession to the fee schedule. Selected schedule shall come in effect starting next month following the month when the Declaration was submitted. Repository participants may choose between 1 “per trade” schedule and 5 fixed fee schedules.
Invoice, acceptance act and attachment to the invoice. The latter is provided only in electronic form and only for the Fee schedule 1.
Paper forms are sent by post or can be obtained at NSD’s office.
Invoices are billed every month no later than 5th business day of the month, following the billing period.
No later than last day of the month following the billing period.
Invoice, acceptance act and attachment to the invoice are received via Repository’s Web-client.
Invoice is billed in Russian rubles (RUB). VAT may be applied in accordance with the Tax code of Russia.
Invoice is billed only to a Reporting agent (client) and only to a primary Identification code. In case you need to use another code, you may submit the relevant Request to NSD.
Client shall receive one invoice which will include costs of “main” and auxiliary Repository services. Acceptance act and attachment (specification) to invoice will also be unified. Please note that no attachment to invoice is provided for clients using Fee schedule 2.1 – 2.5.
In case any Repository service (services) are subjected to VAT in accordance with the legislation in effect, NSD shall create separate invoice, acceptance act and attachment to invoice for all services with VAT.
Reporting agents as payers for the services
Each Reporting agent shall receive invoice which will be calculated depending on number of messages submitted to the Repository by such agent, number of trades kept in the Contracts register and other services provided.
If needed, Reporting agent may reimburse it’s client (clients) for expenses taken on it behalf. Repository does not regulate such processes.
Yes, attachment to the invoice contains fields with parties’ names and codes for each operation performed by Reporting agent (the latter’s details also may be indicted there in case it’s party of the trade). This information is enough to reimburse expenses.
No, sender pays only for the messages (or it’s accounting in the Contracts register) in amount stipulated in the Fee schedule. “Double” fees are not applied.
Billing of certain services
No. At the same time any number of registered CM092/CM094 reporting forms shall cost 1 000 RUB per month. However, CM092/CM094 forms reporting will affect fixed limit for the Fee schedules 2.1 – 2.5.
Yes, NSD does not charge clients for UTI generation solution in the Web-client.
Fee is applied when client is provided with the service which won’t be covered by standard service: e.g. Repository should perform unconventional procedures for providing information from the Contracts register or in case third parties are involved to perform client’s request.
This service shall be launched on 1 October, 2016 and Repository participants will be able to connect to it by submitting application. Client (Reporting agent) shall be billed for the service regardless of it’s activity with the Repository until disconnection from the service.
No, since billing procedures shall be changed and client who receives the service also becomes payer and receiver of the invoice.
Notification on rejection to provide information to the Repository was developed especially for those clients who are not obliged to report but at the same time want to have a certain control over action of third parties reporting. Therefore submission of such Notification meant that client would enter into the Electronic data interchange agreement with NSD and use WEB-client to receive payment documents.
Since WEB-client is provided for all clients free of charge we’d like to recommend to use it in order to receive the service as well as payment documents in full.
No, such message won’t be billed. But in case you’ll accept the received trade data, your confirmation message will be billed in accordance with the selected Fee schedule.
Yes. In accordance with the Fee schedule 1 condition, the fee shall be charged for each calendar month or its fraction from the date of a Contract Reporting Form registration in the Contracts Register. However, no safekeeping and record fee applies for contracts reported with CM08x forms.