The National Bank of Ukraine (NBU) brought some number of issues on
procedure for opening and servicing accounts of the banks’ customers in line
with the law.
In particular, the NBU addressed the following:
for application of electronic signatures to electronic documents (including
electronic settlement documents)
of the requirement for sole proprietors and individuals who perform independent
professional activity/individual nonresident investors to submit signature
samples to a bank
banks’ obligation to inform the state enforcement service or private
enforcement agents about opening/closing accounts of individuals recorded in
the Unified Register of Borrowers
using escrow accounts to purchase/sell real estate.
These issues are included into the NBU Board
Resolution No. 23 dated 28 January 2019 On Amendments to Certain Regulatory
Documents of the National Bank of Ukraine (Resolution No. 23).
Resolution No. 23 is aimed to fulfill requirements of the Law of
Ukraine On Electronic Trust Services and the
Law of Ukraine On Amendments to Certain Laws of Ukraine on Economic
Preconditions to Enhance Protection of the Rights of the Child to Adequate
Support (the two came into effect on 7 November 2018 and 28 August 2018
Resolution No. 23 amends:
Instruction On the Procedure for Opening, Using, and Closing Accounts in
National and Foreign Currencies approved by NBU Board Resolution
No. 492 dated 12 November 2003
Regulation On the Rules Governing Execution by the Banks of Ukraine of
Deposit Operations with Legal Entities and Individuals approved by NBU
Board Resolution No. 516 dated 3 December 2003
Instruction On Cashless National Currency
Payments in Ukraine approved by NBU Board Resolution No. 22 dated 21
Resolution No. 23 comes into effect on 31 January 2019.