Approved by the Decision of the National Bank of Ukraine (The protocol of July 13, 2017 No. 1)

Rules of electronic payment system of the National Bank of Ukraine

I. General provisions

1. The electronic payment system of the National Bank of Ukraine (further - SEP) is the state bank payment system which is created for the purpose of carrying out interbank money transfer in Ukraine in national currency through correspondent accounts of resident banks and accounts of other SEP participating organizations opened in the National Bank of Ukraine (further - National Bank).

2. These rules are developed according to the Laws of Ukraine "About the National Bank of Ukraine", "About banks and banking activity", "About payment systems and money transfer in Ukraine" and regulatory legal acts of National Bank.

3. These rules determine key questions of organizational structure of SEP, conditions of participation in SEP, procedure of calculations in SEP, risk managements in SEP, information security systems in SEP, procedure for the dispute resolution, ensuring continued operation of SEP, procedure for carrying out rekonsilyation, maintaining by members of SEP of archive of electronic interbank documents, implementation by National Bank of control of observance by members of SEP of requirements of these rules.

4. These rules and changes in them affirm Council of the Payment institute of SEP and are obligatory for accomplishment by all members of SEP.

5. Activities of SEP are regulated by regulating documents and provided with organizational structure of SEP and software and hardware complexes (the center of processing of SEP and the automated workplace of the member of SEP).

6. Regulating documents SEP consist of normative and legal, administrative acts of National Bank and technological documentation on functioning of SEP, namely:

1) about procedure for initiation and implementation of the transfer to SEP, participation conditions, procedure for the introduction and leaving the system, execution of settlement documents:

Instructions about interbank money transfer in Ukraine in the national currency approved by the resolution of Board of the National Bank of Ukraine of August 16, 2006 No. 320, registered in the Ministry of Justice of Ukraine on September 6, 2006 at No. 1035/12909 (with changes) (further - the Instruction No. 320);

Instructions about clearing settlements in Ukraine in the national currency approved by the resolution of Board of the National Bank of Ukraine of January 21, 2004 No. 22, registered in the Ministry of Justice of Ukraine on March 29, 2004 for No. 377/8976 (with changes);

2) on protection of electronic bank documents and dispute resolutions between participants of system - resolutions of Board of the National Bank of Ukraine of November 26, 2015 No. 829 "About approval of regulatory legal acts concerning information security" (further - the Resolution No. 829);

3) on ensuring continued operation of SEP:

Regulations on ensuring continued operation of information systems of the National Bank of Ukraine and banks of Ukraine approved by the resolution of Board of the National Bank of Ukraine of June 17, 2004 No. 265, registered in the Ministry of Justice of Ukraine on July 9, 2004 at No. 857/9456 (with changes) (further - No. Provision 265);

Instructions on the organization of work of the bank system in the extraordinary mode approved by the resolution of Board of the National Bank of Ukraine of July 22, 2014 No. 435 (in edition of the resolution of Board of the National Bank of Ukraine of June 24, 2016 No. 349) (further - the Instruction No. 435);

The regulations on interbank money transfer in Ukraine in national currency during the special period approved by the resolution of Board of the National Bank of Ukraine of December 23, 2003 No. 576, registered in the Ministry of Justice of Ukraine on January 14, 2004 at No. 39/8638 (with changes) (further - No. Provision 576);

Regulations on functioning of information systems of the National Bank of Ukraine and banks during the special period approved by the resolution of Board of the National Bank of Ukraine of April 21, 2004 No. 175, No. 618/9217 registered in the Ministry of Justice of Ukraine on May 17, 2004 (with changes);

4) according to regulations and technology of work of SEP:

Production schedules of system operation of electronic payments of the National Bank of Ukraine approved by the vice-chairman of the National Bank of Ukraine on June 24, 2016 (further - Production schedules of work of SEP);

Descriptions of the interface between SAB of the bank and SEP NBU approved on October 3, 2006 (with changes);

5) on service fee of SEP - Rates for services (transactions) which are provided (are performed) by the National Bank of Ukraine in electronic payment system and in the sphere of settlement and cash servicing, 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 at No. 784/8105 (with changes).

7. The terms used in these rules are used in the values determined by the Law of Ukraine "About payment systems and money transfer in Ukraine", other legal acts of Ukraine, regulatory legal acts of National Bank.

II. Organizational structure of SEP. Participation conditions, procedure for the introduction and exit from SEP

8. The organizational structure of SEP consists from:

Payment institute;

the center of processing of SEP (further - TsOSEP);

clearing bank;

members of SEP.

9. Payment institute of SEP is the National Bank.

Information on payment institute of SEP and organizational structure of payment institute of SEP is placed on the page of official Internet representative office of National Bank.

Governing body of payment institute of SEP is Council of the Payment institute.

The TsOSEP functions are performed by the Central clearing house of National Bank.

Functions of clearing bank of SEP are performed by Operations department of National Bank.

10. Can be members of SEP:

National Bank;

resident bank, data on which are entered in the State register of banks of Ukraine;

branch of the resident bank which got permission of National Bank to work in SEP on the corresponding model of servicing of the consolidated correspondent account;

The public treasurer service of Ukraine according to article 11 of the Law of Ukraine "About payment systems and money transfer in Ukraine" and the Presidential decree of Ukraine of April 13, 2011 No. 460/2011 "Provision on the Public treasurer service of Ukraine";

branch of foreign bank, accredited by National Bank and data about which are entered in the State register of banks.

Participation conditions, procedure for the introduction and exit from SEP are determined in the Instruction No. 320.

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