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Posted On

02
March
2023

NBU allows payment of guarantees under conventions on temporary admission, TIR carnets, joint transit procedure

KYIV. March 2 (Interfax-Ukraine) – The National Bank of Ukraine (NBU) allowed cross-border transfers for operations to pay for guarantee obligations arising from the application of the provisions of the Convention on Temporary Admission, the Customs Convention on the International Transport of Goods under Cover of TIR Carnets (TIR Convention 1975), and the Convention on the Joint Transit Procedure.

Corresponding changes to the NBU Board resolution No. 18 dated February 24, 2022 are provided for by NBU Board resolution No. 12 dated March 1, 2023, which entered into force on Thursday.

Other changes include the ability to spend more than UAH 100,000 per month on cards abroad for employees and servicemen of the Ministry of Defense and the financial department of the General Staff of the Armed Forces of Ukraine, who provide participation (business trips) in events to address issues of Ukraine’s defense capability.

In addition, in connection with the separation of a code for unmanned aerial vehicles (UAV) from this year under the new law “On the Customs Tariff of Ukraine,” the National Bank added this code – 8806 – to the list of codes for defense goods that can be purchased by volunteers – individuals abroad. The list also previously included thermal imagers, walkie-talkies, body armor, helmets, military and tactical uniforms, military and tactical footwear, protective clothing, optical tracking devices, sleeping bags, mats, and medical aid.

It was also given the opportunity to transfer foreign currency to a fund established by the Embassy of the Republic of Turkey in Ukraine to support earthquake victims in Turkey.

The National Bank also removed the clause on the possibility of issuing hryvnia or currency in cash in the equivalent of more than UAH 100,000 per day in bank branches located in the area of hostilities or under temporary occupation from the resolution. Previously, it was possible by a decision of the head of the bank or the head of the branch.