juris.hq
BankingUpdated 09.09.2026

How do I close my company’s bank account in Uzbekistan?

Short answer

Apply to terminate the contract — at any time. The balance moves out before it closes.

The contract is terminated on your application — at any time, or on the circumstances the contract names (Bank Accounts Instruction, Para. 41 — lex.uz ↗)
Termination is the ground for closing the account (Bank Accounts Instruction, Para. 41 — lex.uz ↗)
The bank reconciles before it closes — every entry since your last statement is checked against the documents and the final balance confirmed, interest included (Bank Accounts Instruction, Para. 46 — lex.uz ↗)
The account closes once the money is out — the remainder, free of all claims presented, is transferred elsewhere on your instruction (Bank Accounts Instruction, Para. 46 — lex.uz ↗)
What the law provides

The right to close is unconditional on your side: the instruction says the contract terminates on the client’s application at any time. What takes the time is the reconciliation — the bank has to satisfy itself that the closing balance is right, including interest accrued and paid on loans and services, before it will let the money go. (Bank Accounts Instruction, Paras. 41, 46 — lex.uz ↗)

Closing accounts as part of a liquidation follows a separate route, under the Cabinet resolution on voluntary liquidation rather than under this instruction alone. (Bank Accounts Instruction, Para. 43 — lex.uz ↗)

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Part of the answer bank 195 questions, each cited to the article it rests on.