NBU to change currency restrictions

The National Bank of Ukraine (NBU) has eased currency restrictions and begun implementing stimulating currency liberalization.

This was reported by the NBU press service.

The NBU stated that the goal of liberalization was to facilitate the inflow of additional capital into the Ukrainian economy.

"Ukrainian enterprises have been given the opportunity to carry out certain currency transactions in excess of the established restrictions within the investment limit. It is equal to the amount of funds attracted from May 12, 2025 to the authorized capital of these enterprises from foreign investors," the report said.

In addition, a number of other easing measures have come into effect:

- the possibilities of financing foreign representative offices of Ukrainian companies are expanding;

- businesses can make payments related to legal proceedings regarding non-residents' failure to fulfill the conditions under import and export contracts;

- limits for payments with corporate cards abroad are increasing;

- certain currency transactions on "forward" terms are permitted;

- the possibility of paying consular fees to the accounts of diplomatic missions and consular institutions of Ukraine abroad is provided;

- a simplified procedure for opening any accounts for military personnel is introduced, not just current accounts for receiving cash support.

The National Bank also reported on some restrictions.

In particular, the regulator prohibited banks from completing currency supervision over the import of goods in the event of a non-resident returning funds in hryvnia to the importer from the loro accounts of non-resident banks;

It also extends the monthly limit of UAH 500,000 for settlements abroad with payment cards opened by Ukrainian banks to accounts in foreign currency, to pay for certain types of services.

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