Starting April 25, 2026, the National Bank of Ukraine will ease a number of existing foreign exchange restrictions.
This is stated in a press release from the NBU, as the Ukrainian News agency reported.
The changes are aimed at ensuring the uninterrupted operation of defense enterprises, attracting highly qualified specialists to the management bodies of Ukrainian companies and banks, and supporting military personnel as well as Ukrainians abroad.
The conditions for defense enterprises to purchase foreign currency are being simplified.
When processing enterprises’ applications to purchase foreign currency, banks will be able to disregard foreign currency balances in accounts if:
- - such funds were received from foreign states or their authorized agencies to finance contracts for the production of military and dual-use goods, the final recipients of which are components of the security and defense forces;
- the purchase of foreign currency is carried out using budget funds for the purpose of fulfilling a government contract to produce military goods, the final recipients of which are components of the security and defense forces.
These changes will facilitate the timely fulfillment of defense enterprises’ obligations to government customers and the proper functioning of Ukraine’s defense-industrial complex as a whole.
Opportunities for non-resident military personnel to purchase currency and transfer it abroad are being expanded to attract foreign legionnaires to the defense forces.
Non-resident military personnel will be able to purchase and transfer foreign currency abroad without restrictions in the amount of their received monetary allowance, provided such funds were credited to the military personnel’s account on or after May 1, 2026.
For funds credited to a servicemember’s account prior to May 1, 2026, the current limit of no more than UAH 400,000 per calendar month will apply.
In addition, to ensure equal conditions for the social protection of non-resident military personnel of the Armed Forces of Ukraine and the National Guard of Ukraine, banks are permitted to credit funds in hryvnia within Ukraine from resident legal entities, resident individuals, and non-residents to the current accounts of all non-resident military personnel, regardless of their citizenship.
The list of documents on the basis of which banks and non-bank payment service providers identify and verify military personnel when opening accounts is being clarified.
The National Bank has authorized the use of the new-style military registration document, in the form established by the Ministry of Defense of Ukraine, as well as military ID cards, officer’s certificates, and general’s certificates — provided they are valid at the time the account is opened — for the identification and verification of military personnel.
Certain conditions for purchasing and transferring foreign currency have been simplified to attract highly qualified non-resident specialists to Ukrainian companies.
Ukrainian companies are permitted to purchase and transfer foreign currency to the accounts of non-resident individuals — members of the supervisory boards, boards of directors, or executive bodies of these companies — opened outside Ukraine, in the amount of payments accrued as of May 1, 2026, under civil law contracts.
In addition, non-resident individuals will be able to purchase and transfer foreign currency abroad in the amount of payments received as of May 1, 2026, into their accounts in the national currency at banks in Ukraine as wages, other payments received in accordance with the Law of Ukraine “On Remuneration of Labor,” and payments under civil law contracts.
To ensure that the foreign exchange transactions of the aforementioned non-resident clients comply with the requirements of Ukrainian legislation, including foreign exchange regulations, banks, acting as foreign exchange supervision agents, will monitor such transactions using a risk-based approach.
As the Ukrainian News agency earlier reported, last September the National Bank eased currency restrictions for postal operators.
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