Kazakhstan's Swift Bank Account Seizures for Debt: A Parliament Member Explains

Kazakhstan Parliament Member Explains Bank Account Seizures for Debt. Nur-Sultan, Kazakhstan – June 11, 2025. A recent video report from PARYZ.KZ news agency features a parliament member detailing the process by which bank accounts are fully blocked in Kazakhstan to recover debts. The member explains that "banks fully block accounts involved in debt cases." This process, he emphasizes, is swift, typically requiring only two to three days for court proceedings. The video shows a concern about citizens' rights and the speed of debt collection. The member clarifies that this action is taken regardless of the amount of debt compared to the account balance. For example, if a citizen has 300,000 tenge in their account and owes 200,000 tenge, the entire 300,000 tenge will be blocked. The video concludes with the parliament member reiterating the legal basis for this action and the importance of timely debt repayment.