Improvement of bank currency transactions

On 4 July 2015, the National Bank of Ukraine published its Resolution No. 427 dated 3 July 2015 which deals with improvement of bank currency transactions.

The Resolution clarifies performance of currency transactions of those bank clients which have tax debt due to change of the procedure for crediting of advance payments on income tax under payment of dividends.

As of now the bank clients may not submit the certificate on absence of indebtedness issued by the State Fiscal Service, but instead submit the list from the State Fiscal Service on existence of debt due to change of the procedure for crediting of advance payments on income tax under payment of dividends.