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RESOLUTION OF BOARD OF THE NATIONAL BANK OF UKRAINE

of August 17, 2017 No. 80

About approval of the Regulations on procedure for issue to non-bank financial institutions of the license for money transfer in national currency without opening of accounts

According to Articles 7, of 15, 56 Laws of Ukraine "About the National Bank of Ukraine", article 21 of the Law of Ukraine "About financial services and state regulation of the markets of financial services" and for the purpose of enhancement of procedure for issue by the National Bank of Ukraine to non-bank financial institutions of the license for money transfer in national currency without opening of accounts the Board of the National Bank of Ukraine decides:

1. Approve Regulations on procedure for issue to non-bank financial institutions of the license for money transfer in national currency without opening of accounts (further - the Provision) which is applied.

2. Column 3 "The name of services" of service at number 52 of Rates for the services in registration and licensing provided by Natsioanalny bank of Ukraine, No. approved by the resolution of Board of the National Bank of Ukraine of August 12, 2003 333, registered in the Ministry of Justice of Ukraine on September 10, 2003 for No. 787/8108 (in edition of the resolution of Board of the National Bank of Ukraine of June 15, 2017 to No. 53) (with changes) to state in the following edition:

"Consideration of document package about licensing for money transfer in national currency without opening of accounts to non-bank financial institution, and also renewal of the license".

within two months from the effective date of this resolution to provide to the National Bank of Ukraine the questionnaire (appendix 3 to the Provision) and data on the structure of property according to requirements of the Section VI of the Provision. Non-bank financial institutions which have the license for money transfer in national currency without opening of accounts and the general license for implementation of currency transactions, data on the structure of property in connection therewith Item are not given;

within six months from the date of entry into force of this resolution to provide reduction of the activities, structure of property, financial condition and goodwill in compliance with requirements of the Provision and to give to the National Bank of Ukraine written assurance about their compliance to requirements of the Provision.

4. To department of financial controlling (A.V. Strinzha) and to Department of licensing (Bevz A. A.) within two months from the date of entry into force of this resolution to bring rates for services in registration and licensing into compliance with requirements of the Provision.

5. Non-bank financial institutions before approval of rate for service in consideration of document package about issue of the duplicate of the license for money transfer in national currency without opening of accounts do not submit the copy of the payment document confirming implementation of payment for this service.

6. Recognize invalid:

2) Item 2 of the resolution of Board of the National Bank of Ukraine of February 4, 2014 No. 43 "About approval of the Regulations on order of registration of payment systems, members of payment service providers and operators of services of payment infrastructure", the year registered in the Ministry of Justice of Ukraine on March 5 at No. 348/25125;

3) the subitem 1 of Item 1 and Item 3 of the resolution of Board of the National Bank of Ukraine of July 24, 2015 No. 480 "About modification of some regulatory legal acts of the National Bank of Ukraine";

4) Items 2 and 3 of the resolution of Board of the National Bank of Ukraine of November 25, 2015 No. 815 "About modification of some regulatory legal acts of the National Bank of Ukraine";

5) the resolution of Board of the National Bank of Ukraine of September 1, 2016 No. 379 "About approval of Changes in Regulations on procedure for issue to non-bank financial institutions of the license for money transfer in national currency without opening of accounts".

7. To impose control over the implementation of this resolution on the First Deputy Chairman of the National Bank of Ukraine Smoliya Ya. V. and vice-chairman of the National Bank of Ukraine Rozhkova K. V.

8. The resolution becomes effective from the date of, its official publication following behind day.

Acting as chairman

Ya. V. Smoly

Approved by the Resolution of Board of the National Bank of Ukraine of August 17, 2017 No. 80

Regulations on procedure for issue to non-bank financial institutions of the license for money transfer in national currency without opening of accounts

I. General provisions

1. This Provision is developed according to article 7 of the Law of Ukraine "About the National Bank of Ukraine", Articles 10, 42 Laws of Ukraine "About payment systems and money transfer in Ukraine", article 21 of the Law of Ukraine "About financial services and state regulation of the markets of financial services".

2. This Provision determines conditions under which the license for money transfer in national currency without opening of accounts (further - the license) the National Bank of Ukraine is granted (further - National Bank), procedure for issue, renewal of the license, and also the basis on which the National Bank has the right to refuse licensing, to stop or recall her.

3. Requirements of this Provision extend to non-bank financial institutions which intend to become payment organizations and/or members of payment service providers and to provide services in money transfer in national currency without opening of accounts.

4. In this Provision the following basic concepts are used:

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