New rules for foreign currency payments: what the NBU has changed
The National Bank has clarified the procedure for executing payment instructions in foreign currency and bank metals for payment service providers.
This is stated on the regulator’s website.
The updates concern both the technical aspects of conducting transactions and improving the transparency of settlements for users. In particular, the regulator:
- clarified the rules for applying new commission codes – specifically, the designation of costs incurred by the payer’s payment service provider and other participants during foreign currency transfers;
- has improved the mechanism for the enforced collection of tax debts – specifically, in cases where the debtor holds funds in foreign currency accounts;
- required payment service providers to inform recipients of every crediting of funds to their accounts.
The relevant amendments were approved by Resolution No. 41 of the NBU Board dated 23 April 2026 and come into force on 28 April.
As a reminder, the National Bank previously noted that lending to businesses and households remained at a high pace at the start of 2026.
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