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The document is not valid from December 2, 2014 according to Item 5


of August 29, 2014 No. 540

About introduction of additional mechanisms for stabilization of the monetary and currency markets of Ukraine

(as amended on 12-11-2014)

Considering the social and political tension, availability of certain risk elements and uncertainty concerning further developments, and also in view of the economic problems connected with conducting anti-terrorist operation in the territory of Ukraine for the purpose of non-admission of use of financial system of Ukraine for money laundering and financing of terrorism and settlement of situation in the foreign exchange market of Ukraine, being guided by article 99 of the Constitution of Ukraine, Articles 6, of 7, of 15, of 33, 55 and Sections IV, V, VIII of the Law of Ukraine "About the National Bank of Ukraine", Articles 66, 67 and Chapter 11 of the Law of Ukraine "About banks and banking activity", Articles 4, 6 and 11 Decrees of the Cabinet of Ministers of Ukraine of February 19, 1993 No. 15-93 "About system of currency control and currency exchange control", the Board of the National Bank of Ukraine decides:

1. Enter the following events on activities of banks and financial institutions:

1) to permit residents to perform repayment of the credits, loans (including financial aid) in foreign currency under contracts with nonresidents, including in case of the conclusion of supplementary agreements to credit agreements, not earlier than the term provided by agreements. The specified requirement extends to cases of early accomplishment by the resident borrower of obligations both on the main amount of credit/loan, and on other payments established by the agreement of crediting (loan).

The National Bank of Ukraine does not perform registration of changes in agreements on attraction by resident borrowers of the credits, foreign currency loans from the nonresidents concerning reducing terms of accomplishment by resident borrowers of obligations under such agreements or their early accomplishment;

Requirements of this subitem do not extend to cases of early repayment of the credits, loans:

attracted with authorized banks on the terms of subordinated debt, in the conditions of the direction of ahead of schedule repaid subordinated debt on increase in the authorized capital of authorized borrowing bank and receipt of the corresponding permission of the National Bank of Ukraine;

at the expense of the funds raised by the resident borrower according to other credit agreement (loan agreement) with the nonresident if this agreement provides later term of accomplishment of obligations of the borrower (fully or partially) in comparison with conditions of the previous credit agreement (loan agreement);

2) authorized banks perform transactions on purchase and sale of foreign currency for the hryvnias in the interbank foreign exchange market of Ukraine according to regulatory legal acts of the National Bank of Ukraine regulating procedure and terms of trade in foreign currency. Transactions without delivery of currencies are forbidden;

3) to permit to perform transactions selling cash foreign currency or bank metals to one person in one operational (working) day in the amount which is not exceeding within one bank institution in equivalent of 3000 hryvnias.

Restrictions on transaction amount selling cash foreign currency do not extend to case of carrying out such transaction by bank with physical resident person in case of simultaneous observance of the following conditions:

the physical person buys cash foreign currency and uses it only on the purpose of accomplishment of own obligations in foreign currency according to the credit agreement signed with authorized creditor bank;

the bank performs sale of cash foreign currency in the amount which is not exceeding amount of obligations in foreign currency of physical person borrower according to the credit agreement. The bank shall provide control of strict observance by physical person borrower of the requirement about target use of the purchased cash foreign currency;

4) at the request of physical persons out of limits of Ukraine transfer of foreign currency on the current currency uncommercial transactions is made:

without supporting documents from the current account in foreign currency or without its opening - on the amount which in equivalent does not exceed 15 000 hryvnias in one operational (working) day. Physical nonresident persons make such transfer based on the documents confirming sources of origin of means;

from the current account in foreign currency - on the amount which in equivalent exceeds 15 000 hryvnias, but no more than 150 thousand hryvnias a month. Physical resident persons make such transfer only based on supporting documents.

The requirements for restriction of transfer amount specified in paragraph three of this subitem do not extend on:

payment of expenses on treatment in medical institutions of other state, and also on payment of expenses on transportation of patients;

payment of the expenses connected with the death of citizens abroad (transportation expenses and expenses on burial);

the transfer which are made based on sentences, decisions, determinations and resolutions of judicial, investigating and other law enforcement agencies;

payment of expenses on training only for payment of educational process;

money transfers, received as compensation by nonresidents in Ukraine, pension, the alimony;

payment of expenses to foreign judicial, investigating, notarial and other authorities (including tax payment, charges, other obligatory payments);

the transfer which are made by citizens in case of trip abroad on the permanent residence;

5) banks shall limit cash disbursement of means in national currency through cash desks and ATMs in limits to 150 000 hryvnias a day on one client. Requirements of this subitem do not extend to cash disbursement of means:

on salary payment, expenses (within the regulations established by the legislation), pensions, grants, others the social and equated to them payments (except financial support);

on payments of the guaranteed compensation amounts to investors by fund of guaranteeing household deposits;

6) to suspend release of savings (deposit) certificates by banks. Repayment of earlier issued savings (deposit) certificates is performed by money transfer into the account of the certificate holder or his bearer;


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