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Economy 2019-10-15T05:22:23+03:00
Ukrainian news
NBU Releases Holidays Work Schedule For Banks

NBU Releases Holidays Work Schedule For Banks

The National Bank of Ukraine has published a work schedule for banks during New Year and Christmas holidays.

The Regulator said this in a statement with the reference to its decision No.759, Ukrainian News Agency reports.

According to the approved schedule, on December 27 and 28, an electronic payments system (EPS) will work on a long-day schedule two hours above the normal banking day.

On December 29, starting from 1 p.m., the EPS will limit its operations only to transactions between banks operated by a single entity and payments directed to accounts with National Bank or State Treasury.

On December 29, the NBU and Treasury of Ukraine will be able to conduct payments to all participants of the EPS; the banking day will end at 3 p.m.

January 1 and January 8, 2017 are holidays, and the EPS, an electronic mail of the National Bank, the National Depository, the CERTIF system, a system of confirmation of transactions at interbank exchange, the KredInfo2 system and the Register of Agreements with Non-Residents 2 automated system will be closed (not working).

January 2, 2018 is a working day for banks that will work without customer servicing to handle a bulk of work related to the start of the new financial year.

EPS system will perform interbank transfers on January 2.

On January 3-5 and January 9, 2018, the EPS and the banking system of Ukraine will operate in regular mode.

From December 29, 2017 to January 3 (inclusively), 2018, an official exchange rate will hold at the level established by the National Regulator on December 28, 2017.

From December 30, 2017 to January 8 (inclusively), 2018, the banks are responsible for ensuring work of ATMs, re-supplying them with sufficient cash of different notes.

As Ukrainian News Agency earlier reported, the Verkhovna Rada cancelled the May 2 holiday and assigned the December 25 as a holiday (Catholic Christmas) and non-working day.

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