Share Tweet Pocket Add to Bookmarks
You're reading: NBU introduces issue of e-licenses to individuals to transfer up to $50,000 abroad
Popular
on social media

The National Bank of Ukraine (NBU) introduces the issue of electronic individual currency licenses to individuals, other than entrepreneurs, to transfer foreign currency abroad for the implementation of certain foreign exchange transactions.

“An individual will be able to transfer foreign currency abroad up to the equivalent of $50,000 per one calendar year on the basis of an e-license,” reads a posting on the regulator’s website.

“E-licenses will allow individuals to transfer foreign currency abroad within the set limits to perform three types of foreign exchange transactions: investments abroad, depositing funds in their own accounts abroad, and transactions at the fulfillment of obligations to non-residents arising from life insurance contracts,” it says.

Exclusive article

Sign up or subscribe to view more articles.
See All Plans
$5.95
Monthly plan
Get unlimited article access, anytime, anywhere.

Subscribe
$60
Yearly plan
Access all the exclusive content on KyivPost.com and the complete online archive.
Subscribe
Advertisement

Add comment

Sorry, you must be logged in to post a comment.
More in this section
Attention

Add a picture
Choose file
Add a quote
Attention

Are you sure you want to delete your comment?

Attention

Are you sure you want to delete all user's comments?

Attention

Are you sure you want to unapprove user's comment?

Attention

Are you sure you want to move to spam user's comment?

Attention

Are you sure you want to move to trash user's comment?

Spelling error report

The following text will be sent to our editors: