The National Bank of Ukraine encourages the banking community, the public and the executive authorities   to join a public discussion of the proposed online customer identification  Regulation (BankID).

The draft Regulation on the Single National Framework for Online Identification of Legal Entities and Individuals (BankID).

BankID is a technical security solution service that enables online identification of legal entities and individuals to give them electronic access to administrative services. These services are available at the Unified State Portal of Administrative Services at: (https://poslugy.gov.ua) and other web portals run by executive authorities.

“This service will enable bank customers to avoid long queues and complicated procedures while accessing  public administrative services electronically,” said Director of the Information Technologies Department Mr Volodymyr Hagornyuk. “On the other hand, this service will enable banks to offer new convenient and useful online services to their customers. Additionally, BankID ensures a level playing field for all the players in the banking industry, as the central bank will not store information about bank customers or use this information for commercial purposes”.  

Mr Hagornyuk said that BankID will contribute to the development of e-governance in Ukraine and the Unified national system for identification of individuals and legal entities. This service will  help ensure the transparency of government agencies and effectively contribute  to anti-corruption efforts.

NBU BankID is currently available as a test version.  BankID is expected to be launched as a pilot project in the fall of 2016.

BankID is widely used in developed countries to allow the public greater access to administrative services. This service is already available in Sweden, Norway, Finland, Estonia, Latvia and other European countries.

To note, this project is implemented as part of the the NBU’s Comprehensive Program of Financial Market Development of Ukraine until 2020.