• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Email: accace@accace.com

Contact us
Sign up for news
  • Locations
  • Websites
    • Global (English)
    • Global (German)
    • Czech Republic
    • Germany
    • Hungary
    • Poland
    • Romania
    • Russia
    • Slovakia
    • South Africa
    • Ukraine
    • United States of America (USA)
  • eShop

Accace - Outsourcing and advisory services

  • Services
    • OUTSOURCING
    • Accounting and reporting
    • Accounting online portal
    • Payroll and HR administration
    • Payroll and HR online portal
    • Time and attendance online portal
    • ADVISORY
    • Tax advisory
    • Transaction advisory
    • Legal advisory
    • Corporate and secretarial
    • Advisory online portal
    • MARKET ENTRY SUPPORT
  • COVID-19
  • About us
    • Who we are
    • Case studies
    • Meet our key People
    • Partner with us
    • Corporate Social Responsibility
  • Careers
    • Open positions
    • Who we are
    • Our values
    • Success stories
    • How we care
    • How we act
    • We volunteer
  • Newsroom
  • Events
  • Locations

Restrictions on currency transactions in Ukraine | News Flash

25 Mar 2015

Download Download PDF

 

 

 

Restrictions on currency transactions in Ukraine

Principal currency restrictions are as follows:

    • Export-import settlements shall be made in the period not exceeding 90 calendar days.
    • Legal entities shall mandatory sale in the inter-bank market 75% foreign currency earnings received from overseas.
    • The NBU will monitor the activity of banks related to their due diligence in control of clients’ payments. If the risks or illegal actions are detected such transactions are going to be suspended.
    • The NBU banned early repayment in foreign currency under loan agreements between Ukrainian borrowers and foreign creditors.
    • One client in one business day in the same bank can buy currency or banking metals for the value not exceeding 3000 UAH.
    • The Ukrainians in one business day are allowed to transfer overseas the amount not exceeding the equivalent of UAH 15 000. And from account for foreign currency – not more than UAH 150 000 per month.
    • The banks are obliged to limit withdrawal of cash in national currency at cash desks or ATMs up to UAH 150 000 per day for one client.
    • The banks are prohibited to provide clients with loans in national currency (including the ones on open credit lines and through prolongation of previously granted loans) if  they  stipulate interest in monetary funds in foreign currency deposited in bank accounts to ensure performance of obligations.
    • The authorized banks are obliged to restrict withdrawal of cash in foreign currency or banking metals through cash desks or ATMs from current and deposit accounts of clients  up to UAH 15 000 in one business day per one client in the equivalent at the official NBU’s rate.  This requirement shall be applied to the withdrawal of cash within Ukraine and abroad regardless the number of client’s accounts opened in one bank.
    • Withdrawal of cash within Ukraine on electronic means of payment issued both by residents and non-residents shall be made only in UAH.
    • The authorized banks are prohibited to sale banking metals to legal entities and physical persons-entrepreneurs for non-cash hryvnas for the value  that exceeds during one calendar week in one bank institution per one client  3,216 XAU (the equivalent of this amount  in other banking metals calculated according to the cross-rate set in accordance with official rates of banking metals established by NBU).
    • During the next three months it is prohibited to transfer currency from Ukraine overseas to pay dividends to investors.

 

 

Contact:
Tetyana Krynytska
Branch director
E-Mail: Tetyana.Krynytska@accace.com 
Phone: +380 44 569 33 10

Primary Sidebar

<< Back to newsroom

NEW TO THE MARKET?

Use the free consultancy delivered by our in-country experts to get you prepared.

See what is included and schedule your call now!

We only need your email

Footer

About Accace

Originally established in Central and Eastern Europe in 2006, Accace ranks among the leading outsourcing and consultancy providers in the region. Engaging over 600 experts, we have vast experience with handling small to large scale, multi-country outsourcing projects and providing a comprehensive range of our services to over 2,000 customers.

About Accace Circle

Accace operates internationally as Accace Circle, a co-created business community of like-minded BPO providers and advisors who deliver outstanding services with elevated customer experience. Covering almost 40 jurisdictions with over 2,000 professionals, we support more than 10,000 customers, mostly mid-size and international Fortune 500 companies from various sectors, and process at least 170,000 pay slips globally.

Locations and contacts | Accace Circle

Our services

Accounting and reporting
Payroll and HR administration
Tax advisory
Transaction advisory
Legal advisory
Corporate and secretarial

Our eShop

Market entry support
See full list of services

Our online portals

Accounting portal
Payroll and HR portal
T&A portal
Advisory portal

Get in touch with us

Locations and contacts
Contact us
Sign up for news
Newsroom
Careers


Follow us

Facebook LinkedIn Twitter Instagram Youtube


Accace Circle

© Accace all rights reserved | Code of conduct | General Disclaimer | Disclaimer Newsroom | Cookie policy | Privacy policy | GDPR Statement

Get free access to
valuable insights
expert knowledge

Our legislation updates make it easy for you to keep on top of the latest changes affecting your business. Receive our articles, opinions, tips, industry news, country profiles, regional overviews and studies, latest events and even more, directly into your mailbox.

Check out our Newsroom to see what is included!

We only need your email

We will send you only relevant information we consider may be of your interest and treat your personal data in compliance with our Privacy policy and GDPR statement.

Unable to subscribe?  Try this page.

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies. Find out more.