In Ukraine, the regulations concerning the opening and closing of accounts in banks and non-bank institutions have been updated. Reported by TSN. This information comes from Kontakty.UA.
This is stated in the resolution of the National Bank of Ukraine (NBU) No. 135 dated November 19.
Now, it is no longer necessary to provide a handwritten signature for these operations. Instead, clients can utilize a qualified electronic signature (QES) or its equivalents.
This decision is explained by the need to align Ukraine's legislation with the norms regarding electronic trust services, as well as the necessity to regulate specific aspects of the functioning of the payment market.
The National Bank has expanded the capabilities for non-bank payment service providers. From now on, they will be able to open payment accounts for other non-bank market participants solely for executing payment operations using their own funds.
Additionally, clients of such organizations are exempted from the requirement to personally sign documents for opening or closing accounts. Instead, they or their legal representatives can use:
- qualified electronic signature
- digital handwritten signature
- advanced electronic signature with a qualified certificate
- other electronic signature, the use of which is defined by the contract with the payment service provider
"This allows individuals who, due to illness or other reasons, cannot sign documents by hand, to avoid potential obstacles when using their accounts," the agency explained.
As a reminder, the National Bank of Ukraine has adjusted existing currency restrictions for businesses, while the regulator has also introduced new restrictions, albeit with some concessions.