NBU Eases Currency Restrictions: New Opportunities for Business and Foreigners

NBU Eases Currency Restrictions: New Opportunities for Business and Foreigners

Starting from April 25, 2026, updated currency regulation rules will be implemented in Ukraine. The National Bank of Ukraine has announced a series of changes aimed at supporting the defense sector, simplifying international payments, and attracting foreign specialists to domestic businesses.

This is reported by Finway

Benefits for Defense Enterprises and Simplification of Currency Conversion

Enterprises that meet security and defense needs will have significantly easier access to purchasing foreign currency. Banks will no longer need to consider account balances when buying currency if the funding comes from international partners or the state. This decision is expected to facilitate faster contract execution and the prompt procurement of necessary goods and components from abroad.

New Opportunities for Foreign Military Personnel and Specialists

For foreigners serving in the Ukrainian defense forces, restrictions on purchasing and transferring currency abroad within the received financial support for new payments have been lifted. Temporary limits remain in place for funds received earlier.

The procedures for payments to foreign managers and members of supervisory boards of Ukrainian companies have been simplified. Now, non-residents can more easily transfer their income abroad and manage it more freely.

“The state is allowed to make currency transfers within programs supporting citizens abroad and encouraging their return.”

Currency transfers for state programs aimed at supporting Ukrainian citizens abroad and encouraging their return home have also been simplified. This allows for quicker financing of relevant initiatives without additional bureaucratic procedures.

In addition, the regulatory burden on the insurance market has been reduced: some reporting requirements have been canceled, which should facilitate cooperation between Ukrainian insurance companies and foreign partners.

It is worth noting that starting from April 4, 2026, the National Bank of Ukraine has already implemented changes to currency regulation that allow individuals, their relatives, and charitable organizations to purchase foreign currency for savings in accounts at Ukrainian banks for the purpose of further payment for medical treatment abroad.