• 13/06/2024 03:37

The National Bank has changed tariffs for cash withdrawals

 The National Bank has changed tariffs for cash withdrawals money

Tariffs for services are established for banks, cash collection companies and cash processing companies.

National Bank of Ukraine updated the list of services and tariffs, in particular for cash services, in order to improve the quality of cash in circulation and ensure its exchangeability during cash payments.

This is stated in a message on the NBU website.

The message indicates that differentiated tariffs for services are established for banks, collection companies and cash processing companies.

< p>1) for issuing hryvnia cash:

  • 0.20% of the amount of cash issued – for change, circulating coins, banknotes of lower denominations of 20, 50, 100, 200 hryvnia (previously the tariff for level 0.40%);
  • 0.40% of the amount of cash issued – banknotes of higher denominations of 500 and 1000 hryvnia (remained unchanged);

2) upon delivery of small change and circulating coins applicable to circulation and samples of banknotes suitable for circulation 2014 and subsequent years of issue:

  • 0.15% of the amount of cash deposited – for change, circulating coins, banknotes of lower denominations of 20, 50, 100 and 200 hryvnia (previously the tariff was 0 .25%);
  • 0.10% of the amount of cash deposited – for banknotes of higher denominations of 500 and 1000 hryvnia (previously the tariff was 0.25%);

< p>3) for the delivery of valid banknotes of samples from 2003-2007 in denominations of 50, 200 and 500 hryvnia (including unsorted) – zero (free) tariff (previously the tariff was 0.25%).

Changes to the list of services and tariffs for cash services come into force on July 1, 2024, according to this day new tariffs will be in effect.

In addition, the National Bank revised the existing and introduced new tariffs for services for registration and licensing of non-banking institutions in order to implement the norms of the Laws of Ukraine “On Financial Services and Financial Companies”, “On Insurance”, “On Credit Unions”, etc. They will be in effect from May 1, 2024.

We recall that it was previously reported that the head of the National Bank of Ukraine Andriy Pyshny at a briefing in Kyiv announcedthat the NBU board decided to reduce the discount rate to 13.5% .

In addition, we previously informed that the NBU is preparing to lift a number of currency restrictions in the near future.

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