The National Bank of Ukraine has tightened the conditions for payments by cards for luxury goods abroad
The National Bank of Ukraine has announced new restrictions on payments using bank cards issued by Ukrainian banks outside the country to combat capital outflow. Details of the changes described in the regulator’s Telegram channel.
The tightening applies to the purchase of watches, jewelry, silverware, precious stones, and coins abroad. No more than 100 thousand hryvnias per month (2.4 thousand dollars) can be spent on such luxury items from a card. A restriction has also been introduced on transactions with real estate agents and managers — no more than 500 thousand hryvnias per month (12.2 thousand dollars).
At the same time, the NBU lifted some previously introduced restrictions, including on the purchase and transfer of foreign currency by resident legal entities that are subjects of e-commerce, for the payment of VAT to EU countries, and on compensation for coupon payments on Eurobonds.
Earlier it became known that from October 1 of this year the National Bank will set limits on card-to-card transfers for individuals. For this purpose, the amount chosen is 150 thousand hryvnia per month (3.6 thousand dollars), which, according to the regulator’s calculations, will affect no more than two percent of bank clients.
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