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Featured Galleries USUBC COLLECTION OF OVER 160 UKRAINE HISTORIC NEWS PHOTOGRAPHS 1918-1997 Holodomor Posters
Featured Galleries USUBC COLLECTION OF OVER 160 UKRAINE HISTORIC NEWS PHOTOGRAPHS 1918-1997 Holodomor Posters
NBU implements a temporary ban on purchase of foreign currency
PwC, Kyiv, Ukraine,Wed, Feb 25, 2015
The NBU has temporarily prohibited banks from purchasing foreign currency on behalf of their customers until 27 February 2015*. This is applicable for individuals as well as legal entities.
After 27 February, purchase of foreign currency may be performed no earlier than on the fourth operational day, following the crediting of UAH to the analytical account of the bank.
The Resolution also introduced a ban on purchase of hard currency at the expense of UAH loan funds (except purchase by individuals in order to repay a debt under retail hard currency loans).
We will continue to monitor developments on this issue and keep you updated on the issue.
*NBU Resolution No. 130 dated 24 February 2015 effective 25 February 2015