NBU

How an international payment system can enter into the payment market of Ukraine

First, to enter into the payment market of Ukraine an international payment system must be registered with the National Bank of Ukraine. To do this, one of the following entities can apply to the National Bank of Ukraine: payment organization

NBU simplifies account opening for foreign entities and introduces financial monitoring thereof

NBU allowed foreign entities and investment funds to open accounts in Ukrainian banks following the simplified procedure. Regulator’s notice says that this option has been implemented as part of the gradual transition of Ukraine to free flow of capital in accordance with

NBU may cancel the mandatory sale of currency. Or reduce it from 50% to 30%

The National Bank of Ukraine (NBU) may cancel the mandatory sale of foreign exchange earnings by Ukrainian companies and individual entrepreneurs, as reported by Ekonomichna Pravda, citing the words of NBU Deputy Chairman Oleh Churii. “We have identified the priorities,

The NBU transfers the accounts of bank customers to the IBAN standard: what does this mean?

The National Bank of Ukraine (NBU) will introduce the International Bank Account Number (IBAN) in 2019. Long story short, this means that this year the accounts of customers of all Ukrainian banks will change the format. Now they, in addition