On May 10, the National Bank of Ukraine (NBU) has begun implementation of stimulating monetary liberalization aimed at facilitating foreign exchange transactions and attracting additional capital in the country's economy. It is part of a currency restriction strategy that aims to create conditions for increasing economic activity and improving investment climate.
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Investment limit: since May 12, 2025, Ukrainian enterprises will be able to carry out foreign exchange transactions in excess of established restrictions within the investment limit. It is a limit on foreign exchange transactions equal to the amount of funds raised from abroad in foreign currency to the authorized capital of enterprises.
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Expanding financing: businesses are now available for financing foreign missions of Ukrainian companies.
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Payments on judicial procedures: enterprises will be able to make currency payments related to court procedures for non -compliance with the terms of contracts with importers and exporters.
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Corporate cards: The NBU has increased limits on corporate cards abroad, which allows business to simplify the payment of international expenses.
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Payment for consular meetings: the possibility of paying consular meetings to the accounts of diplomatic missions and consular institutions of Ukraine abroad was introduced.
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Simplifying accounts for servicemen: now servicemen can open any accounts, not just current accounts for receipt of cash.
Despite liberalization, the NBU also introduced several new restrictions to prevent attempts to circumvent current rules and maintain the stability of the financial system:
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Refund in UAH: the NBU forbade banks to complete the currency supervision of transactions on imports of goods if the funds are returned to hryvnias for Laro-accounts of non-resident banks.
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Limits for payment cards payments: for payments abroad payment cards opened by Ukrainian banks to foreign currency accounts, the monthly limit of UAH 500 thousand is extended to pay for certain types of services.
In general, the NBU changes are aimed at stimulating economic growth through attracting investments and simplifying foreign currency transactions for Ukrainian enterprises without threatening the stability of the country's foreign exchange market.
