The changes came into force on July 11, 2024.
The National Bank of Ukraine has relaxed currency restrictions for business and volunteers from July 11.
This is stated in the press service of the regulator.
The NBU provided an opportunity for domestic businesses to reimburse non-residents for expenses incurred due to their participation in providing an external loan to a Ukrainian borrower. The condition for carrying out such an operation is that the guarantor, guarantor or insurer of the external loan must be a foreign export credit agency or a foreign state, or the guarantor or guarantor for such an obligation is an international financial organization (IFO).
Also a regulator allowed the transfer of funds in favor of foreign companies whose shareholders include a foreign state, for the payment of insurance payments under contracts providing for the coverage of military risks on the territory of Ukraine.
The National Bank ensured the ability of residents to transfer funds under the guarantees or guarantees they provided, ensuring the fulfillment of the obligations of resident borrowers on external loans and borrowings.
The NBU normalized the ability of resident borrowers to buy foreign currency to reserve it under a loan agreement with microfinance organizations.
The National Bank also expanded the list of defense goods that volunteer individuals can buy abroad. To this list will be added components for UAVs, as well as thermal blankets and heating pads.
The regulator, in addition to the ability for non-residents to make charitable contributions in foreign currency on the territory of Ukraine, has provided them with the opportunity to make corresponding transfers in hryvnia. Such contributions can be made to the accounts of both government bodies and charitable foundations.
Recall that in Ukraine bankscards are blocked without warning. A card can be blocked for non-updated data about oneself if the executive service has seized it (due to unpaid alimony, an unfulfilled court decision, overdue fines, etc.), or if an individual cannot prove the legal origin of the funds.
The National Bank has lifted restrictions on the sale of currency to the population: what does this mean? | Furman in TSN
