NBU Eases Currency Restrictions Starting August 11

The National Bank of Ukraine is introducing a package to ease currency restrictions for businesses and citizens starting August 11, primarily aimed at Ukrainians abroad. The changes will not pose risks to the currency market. For individuals, the monthly limit on purchasing non-cash currency has been increased from 50,000 to 200,000 UAH, while the daily cash withdrawal limit has been raised from 100,000 to 200,000 UAH. The monthly limit for transactions using hryvnia cards has been increased to 200,000 UAH. For businesses, the cash withdrawal limit from hryvnia accounts has been raised to 200,000 UAH per day, and from foreign currency accounts to 200,000 UAH as well. The limit for transactions abroad using hryvnia corporate cards has increased from 150,000 to 400,000 UAH per month. Changes are being introduced for receiving charitable contributions and opportunities for exporters are being expanded. NBU Chairman Andriy Pyshny noted that the gradual lifting of currency restrictions has been a priority since 2023.

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