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SEP Operation and Banking System Working Hours at the End of the Reporting Year

29 November 2017


The National Bank of Ukraine has set the operation mode for the System of Electronic Payments of the National Bank of Ukraine (SEP) and working hours for Ukrainian banking system at the end of the reporting year.


According to NBU Board Resolution No. 759 dated 28 November 2017:


-         On 27 and 28 December 2017, SEP operation will be extended: banking day will be two hours longer.


-         On 29 December 2017, until 1:00 p.m., the SEP will support only payments between banking institutions subordinated to the same legal entity and payments to the NBU and the State Treasury Service of Ukraine.

-         The NBU and the State Treasury Service of Ukraine will be able to make payments to all SEP participants. SEP banking day will close at 3:00 p.m.


-         On 1 January and 8 January 2018, the NBU’s electronic mail system, the NBU’s Depository, CERTIF System, the NBU’s System for Confirmation of Deals in Ukraine’s Interbank Foreign Exchange Market, CredInfo2 (system for purchasing and selling hryvnia credit resources in the interbank lending market of Ukraine), and Automated Information System “Register of Contracts with Non-Residents 2” will not operate.


-         On 2 January 2018, banks will operate without servicing clients and carry out maintenance works to prepare for the new reporting year. The SEP will be closed for interbank transfers on this day.


-         On 3–5 January and 9 January 2018, the SEP and the Ukrainian banking system will operate as usual.


From 29 December 2017 through 3 January 2018 inclusively, the official rate of the hryvnia to foreign currencies and investment metals will equal the official rate set by the NBU on 28 December 2017.


Banks are to ensure that their ATMs function without interruptions and are loaded with cash of different denominations throughout the period from 30 December 2017 to 8 January 2018.

Last modification   29.11.2017