No Paper Title Author Name Page No

MERICAN Journal of Public Diplomacy and International Studies
www.
 grnjournal.us 
 
1.
Real-time regulation implementation. 
2.
Registration and control of participants. 
3.
Ensuring the centralization of regulation and tariff settlement operations of participants in the 
payment system. 
4.
Attracting entities with different legal and functional status to participate in the payment 
system [1]. 
In accordance with the current legislation of the Republic of Uzbekistan, the bank performs 
various settlements on behalf of the client (payer of funds, recipient of funds, other credit 
institutions (their respective divisions)) and according to his accounts, it is considered to be types 
of settlements. banking operations. 
The rules of non-cash payments are expressed in CC. In particular, part 1 of article 791 of the 
CC specifies four forms of non-cash payments: 

settlements by payment orders; 

settlements on letters of credit; 

payments on checks; 

collection calculations. 
However, settlement is also allowed in other forms provided for by law, banking regulations 
issued in accordance with the law, and business customs used in banking practice. These include 
electronic cashless payments. Modern computer equipment and telecommunication systems 
allow you to quickly solve payment issues without using the usual workflow. However, for this, 
banks and customers must have the appropriate equipment and software. 
The following types of fees are distinguished: 

in full; 

in separate parts; 

on the balance of mutual requirements. 
Participants in settlement relations have the right to choose any of the non-cash forms of 
settlements specified in part 1 of article 791 of the CC, as well as other forms of non-cash 
settlements not directly specified in the law. This provision is defined in part 2 of article 791 of 
the CC. In this case, we are talking about the fact that the forms of non-cash payments directly 
specified in the law are not fixed and complete, and their list is supplemented by other laws or 
banking regulations. In addition, the Code also allows the use of settlement forms used in 
banking practice in accordance with business practice. Such an opportunity should contribute to 
the development of new banking technologies, the rapid development of advanced forms of 
settlements formed in international banking practice. 
Non-cash settlements are carried out through banks and other credit organizations that have 
opened corresponding bank accounts for customers. In banking practice, it is accepted that 
settlements are made on the territory of the Republic of Uzbekistan and are divided into 
international settlements. Participants in settlement relations are recognized as: the payer of 
funds, the payer's bank, the recipient of payments, the bank of the recipient of payments. 
The general rules of calculations are defined in chapter 45 of the CC. At the same time, non-cash 
payments can be regulated by banking regulations, therefore, in this regard, attention should be 
paid to the Provision on non-cash payments in the Republic of Uzbekistan. 
Let's consider the main forms of calculations. 

---

144
A