The National Bank of Ukraine has adjusted the existing currency restrictions for businesses, while also introducing new limitations, although it has made some concessions. Reports TSN. This was announced by Kontrakty.UA.
This is mentioned in a statement from the NBU press service.
"On one hand, the NBU is easing a number of restrictions to support international cooperation in foreign trade, as well as international projects and technical assistance programs. On the other hand, it is taking measures to strengthen compliance with currency restrictions," the statement said.
Ukrainian companies will have the opportunity to make payments for imported goods without restrictions on the timing of their delivery to Ukraine, provided that the funds are transferred in favor of a foreign export credit agency (ECA) or a foreign state.
Additionally, there will be the possibility of transferring foreign currency from Ukraine for payments within projects/programs of international technical assistance/cross-border cooperation funded by the EU.
"At the same time, residents of Ukraine receive technical assistance not only from EU countries but also from other countries for projects funded by foreign donors," the agency added.
From now on, the NBU allows the transfer of foreign currency abroad for payments related to international technical assistance projects, regardless of which country or organization funds such projects.
To minimize the risks of circumventing existing currency restrictions, the NBU will also impose a ban on the use of currency loans for the purchase of securities denominated in foreign currency starting from November 20, 2024.
Recall that from October 1, 2024, the National Bank of Ukraine established a temporary six-month limit for individuals' transfers "from card to card" (also known as P2P or C2C).