Starting from 7th of February 2019, new Law of Ukraine “On Currency and Currency Transactions” comes into force. It implements long-awaited currency reform in Ukraine and a new core principle …
How to Open an Escrow Account in Ukraine
Starting from 23rd of March 2017, Ukrainian government has introduced amendments to the Civil Code of Ukraine and allowed to open and use escrow accounts. Escrow account is a type …
Ukraine Removes Limits on Foreign Currency Cash Withdrawals
The National Bank of Ukraine (hereinafter – NBU) has canceled limits on withdrawals of cash in foreign currency from bank accounts in Ukraine. Such decision was reflected in the Regulation …
Foreign Currency Control Restrictions Eased in Ukraine – June 2017
Starting from 16th of June, 2017 the National Bank of Ukraine (NBU) has eased a number of currency control temporary restrictions related to repatriation of investment and investment profits from …