![NBU amends currency restrictions: what areas will be affected](https://img.unn.ua/img/2024/09/09/1725879978-3071-large.webp)
NBU amends currency restrictions: what areas will be affected
Kyiv • UNN
The NBU eases currency restrictions for businesses and tightens rules against capital outflows. The changes relate to the purchase of foreign currency to cover CO₂ emissions, reinsurance payments, EU VAT payments, and coupon compensation.
Starting from September 10, 2024, the National Bank of Ukraine is amending the current currency restrictions. The NBU will ease a number of restrictions and take measures to counteract unproductive capital outflows from Ukraine.
Writes UNN with a reference to the NBU.
The easing of currency restrictions will support the country's defense capability, the work of Ukrainian enterprises and the Nuclear Insurance Pool
Among the areas that are undergoing changes:
- Purchase and transfer of foreign currency to cover carbon dioxide emissions. State-owned enterprises will be able to purchase foreign currency and transfer it to non-residents to purchase quotas to cover or compensate for carbon dioxide (CO₂) emissions arising from aviation activities.
This will facilitate uninterrupted defense procurement under state contracts, ensure further air transportation abroad, and support Ukrainian-European military-technical cooperation.
- Payments for operations under a reinsurance agreement concluded with foreign nuclear insurance pools.
The amendments allow for all necessary payments under reinsurance agreements with foreign nuclear insurance pools, including breakeven bonuses. This will have a minimal impact on international reserves, but will allow the Nuclear Insurance Pool to fulfill its obligations to its partners, ensuring the stable operation of the industry.
- Purchase and transfer of foreign currency by resident legal entities that are e-commerce entities to pay VAT in the EU.The NBU will allow e-commerce entities to purchase and transfer foreign currency abroad to pay VAT when selling Ukrainian goods to EU countries, provided they are registered as EU taxpayers. This will support small and medium-sized businesses by facilitating access to the EU market and will not negatively affect international reserves, as foreign exchange earnings from the sale of goods will exceed the VAT expenditures.
- Reimbursement of coupon payments made on Eurobonds.
In addition to the existing possibilities introduced in May and July, the NBU will allow businesses to reimburse coupon payments on Eurobonds paid from February 24, 2022 to July 09, 2024 (inclusive). Such transfers are allowed exclusively at the expense of the business's own foreign currency (not purchased or raised in the form of a loan or credit from a resident), so this will not have a negative impact on international reserves
The NBU will allow foreign exchange transactions only to those companies that have timely returned foreign currency earnings from exports over the past 12 months. This will encourage businesses to comply with the rules and help preserve international reserves, preventing unproductive capital outflows, which is important for the stability of the foreign exchange market and the gradual easing of currency restrictions.
The restrictions will apply to payments abroad using payment cards issued by Ukrainian banks to foreign currency accounts to pay for a number of goods and services, in particular:
- Watches, jewelry, silverware, precious stones, coins, etc. abroad.The NBU introduces a monthly limit of UAH 100 thousand for payments abroad with payment cards opened in foreign currency for purchases of jewelry, metals, watches, and coins. This corresponds to the general limit for cards in the national currency. This measure was introduced due to detected attempts to circumvent the restrictions on the purchase of precious metals during martial law.
- Transactions with real estate agents and managers abroad.The NBU sets a monthly limit of UAH 500 thousand on transactions abroad from payment cards opened in foreign currency to pay real estate management and accommodation fees. The limit covers the needs of 98% of bank customers and will help prevent capital outflow from Ukraine.
Recall
The National Bank of Ukraine has updated the procedure for organizing cash operations by banks and payment transactions by payment service providers in Ukraine.
Popular
![HACCU removes electronic bracelet from another defendant in ex-Minister Solskyi case HACCU removes electronic bracelet from another defendant in ex-Minister Solskyi case](https://img.unn.ua/img/2024/09/09/1725881630-2762-thumb.webp)
HACCU removes electronic bracelet from another defendant in ex-Minister Solskyi case
![Sibiga urges partners to buy weapons from Ukrainian manufacturers Sibiga urges partners to buy weapons from Ukrainian manufacturers](https://img.unn.ua/img/2024/09/09/1725871569-1920-thumb.webp)
Sibiga urges partners to buy weapons from Ukrainian manufacturers
![Kharkiv region: Russians attacked two people with a drone in Kupiansk Kharkiv region: Russians attacked two people with a drone in Kupiansk](https://img.unn.ua/img/2024/09/09/1725869349-4984-thumb.webp)
Kharkiv region: Russians attacked two people with a drone in Kupiansk
![Lithuanian Foreign Minister: Our inaction led to the downing of Russian drones on NATO territory Lithuanian Foreign Minister: Our inaction led to the downing of Russian drones on NATO territory](https://img.unn.ua/img/2024/09/09/1725865421-1853-thumb.webp)
Lithuanian Foreign Minister: Our inaction led to the downing of Russian drones on NATO territory
![No need to bring grain to a port that has no documents: how Kiper's “scandalous” decision increased the country's budget No need to bring grain to a port that has no documents: how Kiper's “scandalous” decision increased the country's budget](https://img.unn.ua/img/2024/09/09/1725861187-1915-thumb.webp)
No need to bring grain to a port that has no documents: how Kiper's “scandalous” decision increased the country's budget
Publications
![A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact” A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact”](https://img.unn.ua/img/2024/09/09/1725883807-1614-thumb.webp)
A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact”
![Control over Utilities, Dialogue with Business: Mayor of Brovary on Community Problems and Difficult Solutions (video) Control over Utilities, Dialogue with Business: Mayor of Brovary on Community Problems and Difficult Solutions (video)](https://img.unn.ua/img/2024/09/09/1725878797-4799-thumb.webp)
Control over Utilities, Dialogue with Business: Mayor of Brovary on Community Problems and Difficult Solutions (video)Exclusive
![HACCU removes electronic bracelet from another defendant in ex-Minister Solskyi case HACCU removes electronic bracelet from another defendant in ex-Minister Solskyi case](https://img.unn.ua/img/2024/09/09/1725881630-2762-thumb.webp)
HACCU removes electronic bracelet from another defendant in ex-Minister Solskyi case
![International anti-corruption expert hints at NABU's bias International anti-corruption expert hints at NABU's bias](https://img.unn.ua/img/2024/09/06/1725628635-2784-thumb.webp)
International anti-corruption expert hints at NABU's bias
![Catch and release: will ex-MP Rizanenko manage to avoid justice Catch and release: will ex-MP Rizanenko manage to avoid justice](https://img.unn.ua/img/2024/09/06/1725614006-3445-thumb.webp)
Catch and release: will ex-MP Rizanenko manage to avoid justice
![Head of Kharkiv RMA denies reports of Russian capture of Sinkivka Head of Kharkiv RMA denies reports of Russian capture of Sinkivka](https://img.unn.ua/img/2024/09/09/1725887525-2722-thumb.webp)
Head of Kharkiv RMA denies reports of Russian capture of Sinkivka
![Fires destroyed 341 hectares of forest in Ukraine in a week: the worst situation in Kirovohrad region Fires destroyed 341 hectares of forest in Ukraine in a week: the worst situation in Kirovohrad region](https://img.unn.ua/img/2024/09/09/1725886969-2210-thumb.webp)
Fires destroyed 341 hectares of forest in Ukraine in a week: the worst situation in Kirovohrad region
![Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces](https://img.unn.ua/img/2024/09/09/1725886455-4690-thumb.webp)
Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces
![Russians are afraid of the Ukrainian Armed Forces' offensive and are building new fortifications in the occupied part of Zaporizhzhia - ATESH Russians are afraid of the Ukrainian Armed Forces' offensive and are building new fortifications in the occupied part of Zaporizhzhia - ATESH](https://img.unn.ua/img/2024/09/09/1725886134-1273-thumb.webp)
Russians are afraid of the Ukrainian Armed Forces' offensive and are building new fortifications in the occupied part of Zaporizhzhia - ATESH
![Occupants attacked Sumy district, warning - there are casualties Occupants attacked Sumy district, warning - there are casualties](https://img.unn.ua/img/2024/09/09/1725886071-4540-thumb.webp)
Occupants attacked Sumy district, warning - there are casualties
![Head of Kharkiv RMA denies reports of Russian capture of Sinkivka Head of Kharkiv RMA denies reports of Russian capture of Sinkivka](https://img.unn.ua/img/2024/09/09/1725887525-2722-thumb.webp)
Head of Kharkiv RMA denies reports of Russian capture of Sinkivka
![Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces](https://img.unn.ua/img/2024/09/09/1725886455-4690-thumb.webp)
Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces
![A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact” A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact”](https://img.unn.ua/img/2024/09/09/1725883807-1614-thumb.webp)
A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact”
![IAEA does not recommend restarting ZNPP reactors while the war is on - Grossi IAEA does not recommend restarting ZNPP reactors while the war is on - Grossi](https://img.unn.ua/img/2024/09/09/1725883084-4685-thumb.webp)
IAEA does not recommend restarting ZNPP reactors while the war is on - Grossi
![Son of Russian oligarch and mother of ex-Wagner leader Prigozhin may be exempt from EU sanctions Son of Russian oligarch and mother of ex-Wagner leader Prigozhin may be exempt from EU sanctions](https://img.unn.ua/img/2024/09/09/1725882606-1811-thumb.webp)
Son of Russian oligarch and mother of ex-Wagner leader Prigozhin may be exempt from EU sanctions
![Head of Kharkiv RMA denies reports of Russian capture of Sinkivka Head of Kharkiv RMA denies reports of Russian capture of Sinkivka](https://img.unn.ua/img/2024/09/09/1725887525-2722-thumb.webp)
Head of Kharkiv RMA denies reports of Russian capture of Sinkivka
![Fires destroyed 341 hectares of forest in Ukraine in a week: the worst situation in Kirovohrad region Fires destroyed 341 hectares of forest in Ukraine in a week: the worst situation in Kirovohrad region](https://img.unn.ua/img/2024/09/09/1725886969-2210-thumb.webp)
Fires destroyed 341 hectares of forest in Ukraine in a week: the worst situation in Kirovohrad region
![Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces](https://img.unn.ua/img/2024/09/09/1725886455-4690-thumb.webp)
Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces
![Russians are afraid of the Ukrainian Armed Forces' offensive and are building new fortifications in the occupied part of Zaporizhzhia - ATESH Russians are afraid of the Ukrainian Armed Forces' offensive and are building new fortifications in the occupied part of Zaporizhzhia - ATESH](https://img.unn.ua/img/2024/09/09/1725886134-1273-thumb.webp)
Russians are afraid of the Ukrainian Armed Forces' offensive and are building new fortifications in the occupied part of Zaporizhzhia - ATESH
![Occupants attacked Sumy district, warning - there are casualties Occupants attacked Sumy district, warning - there are casualties](https://img.unn.ua/img/2024/09/09/1725886071-4540-thumb.webp)
Occupants attacked Sumy district, warning - there are casualties
![Head of Kharkiv RMA denies reports of Russian capture of Sinkivka Head of Kharkiv RMA denies reports of Russian capture of Sinkivka](https://img.unn.ua/img/2024/09/09/1725887525-2722-thumb.webp)
Head of Kharkiv RMA denies reports of Russian capture of Sinkivka
![Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces](https://img.unn.ua/img/2024/09/09/1725886455-4690-thumb.webp)
Spread of military conflict in Europe cannot be ruled out - Commander of the Finnish Defense Forces
![A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact” A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact”](https://img.unn.ua/img/2024/09/09/1725883807-1614-thumb.webp)
A fake that has been around for years: who launched disinformation about Gulliver's owner Polischuk and how it became a “fact”
![IAEA does not recommend restarting ZNPP reactors while the war is on - Grossi IAEA does not recommend restarting ZNPP reactors while the war is on - Grossi](https://img.unn.ua/img/2024/09/09/1725883084-4685-thumb.webp)
IAEA does not recommend restarting ZNPP reactors while the war is on - Grossi
![Son of Russian oligarch and mother of ex-Wagner leader Prigozhin may be exempt from EU sanctions Son of Russian oligarch and mother of ex-Wagner leader Prigozhin may be exempt from EU sanctions](https://img.unn.ua/img/2024/09/09/1725882606-1811-thumb.webp)
Son of Russian oligarch and mother of ex-Wagner leader Prigozhin may be exempt from EU sanctions
![Control over Utilities, Dialogue with Business: Mayor of Brovary on Community Problems and Difficult Solutions (video) Control over Utilities, Dialogue with Business: Mayor of Brovary on Community Problems and Difficult Solutions (video)](https://img.unn.ua/img/2024/09/09/1725878797-4799-thumb.webp)
Control over Utilities, Dialogue with Business: Mayor of Brovary on Community Problems and Difficult Solutions (video)Exclusive
![NBU denies rumors of income-equal limits on cards NBU denies rumors of income-equal limits on cards](https://img.unn.ua/img/2024/09/09/1725883125-1693-thumb.webp)
NBU denies rumors of income-equal limits on cards
![NBU amends currency restrictions: what areas will be affected NBU amends currency restrictions: what areas will be affected](https://img.unn.ua/img/2024/09/09/1725879978-3071-thumb.webp)
NBU amends currency restrictions: what areas will be affected
![No power outages are planned in Ukraine today; overnight, Russia attacked power facilities in 7 regions No power outages are planned in Ukraine today; overnight, Russia attacked power facilities in 7 regions](https://img.unn.ua/img/2024/09/09/1725868340-1064-thumb.webp)
No power outages are planned in Ukraine today; overnight, Russia attacked power facilities in 7 regions
![Exchange rates as of September 9: NBU strengthened the hryvnia Exchange rates as of September 9: NBU strengthened the hryvnia](https://img.unn.ua/img/2024/09/09/1725862139-3750-thumb.webp)
Exchange rates as of September 9: NBU strengthened the hryvnia
![Black smoke can be seen in the Podil district of Kyiv: a service station is on fire, but no one was injured Black smoke can be seen in the Podil district of Kyiv: a service station is on fire, but no one was injured](https://img.unn.ua/img/2024/09/09/1725881037-2275-thumb.webp)
Black smoke can be seen in the Podil district of Kyiv: a service station is on fire, but no one was injured
![An outbreak of acute intestinal infection occurs in one of Kyiv's schools: an epidemiological investigation is underway An outbreak of acute intestinal infection occurs in one of Kyiv's schools: an epidemiological investigation is underway](https://img.unn.ua/img/2024/09/09/1725878349-3012-thumb.webp)
An outbreak of acute intestinal infection occurs in one of Kyiv's schools: an epidemiological investigation is underway
![Kyiv plans to restore Syne Lake: an agreement with a contractor has been signed Kyiv plans to restore Syne Lake: an agreement with a contractor has been signed](https://img.unn.ua/img/2024/09/09/1725876998-4044-thumb.webp)
Kyiv plans to restore Syne Lake: an agreement with a contractor has been signed
![Large natural fire continues in Kyiv region: fire spreads rapidly due to wind, radiation background is normal - SES Large natural fire continues in Kyiv region: fire spreads rapidly due to wind, radiation background is normal - SES](https://img.unn.ua/img/2024/09/09/1725876087-4594-thumb.webp)
Large natural fire continues in Kyiv region: fire spreads rapidly due to wind, radiation background is normal - SES
![Water mains are being repaired in the center of the capital, traffic on Bulvarno-Kudriavska Street is restricted Water mains are being repaired in the center of the capital, traffic on Bulvarno-Kudriavska Street is restricted](https://img.unn.ua/img/2024/09/09/1725867211-4574-thumb.webp)