The National Bank of Ukraine is introducing a major package of currency liberalization starting August 11, raising limits on currency purchases, cash withdrawals, and foreign payments to 200,000 UAH. These changes aim to support citizens and develop the country's investment culture. This is reported by Economichna Pravda. The portal PromPolitInform reports.
The National Bank of Ukraine is implementing a large package to ease currency restrictions, which will come into effect on August 11. The new rules are primarily designed to support individuals and expand opportunities for citizens living in Ukraine and abroad.
The limit on the population’s purchase of cashless foreign currency is increased to 200,000 UAH per calendar month instead of the previous 50,000 UAH. Within this limit, it is permitted to purchase not only currency but also cashless bank metals and securities of foreign issuers.
Simultaneously, the limit on cash withdrawals from foreign currency accounts is raised to 200,000 UAH per day. Increasing these limits will support confidence in the banking system and facilitate financial operations for citizens.
New opportunities for payments abroad
For paying for goods, works, and services from hryvnia accounts abroad, the limit is increased to 200,000 UAH equivalent per month. This amount now also covers housing rent payments, and settlements can be made using both cards and the SWIFT system.
A similar monthly limit of 200,000 UAH is established for transfers from foreign currency accounts to the recipient’s account abroad. A separate card limit of 500,000 UAH per month for living expenses abroad has also been extended to housing rent with the possibility of SWIFT transfers.
The regulator notes that the adopted measures will not create risks for the stability of the currency market. The changes are fully accounted for in the updated macroeconomic forecast of the agency.
Photo: Economichna Pravda
