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Launch of 23/7 Operation of SEP to Be Postponed Due to Quarantine

The National Bank of Ukraine (NBU) has postponed the launch of 23/7 operation of the NBU System of Electronic Payments (SEP)1.

The NBU understands that banks have some difficulties due to the quarantine and other measures introduced in Ukraine to prevent the spread of COVID-19 caused by the new coronavirus. 

The new operation mode will be introduced in 30 calendar days after the quarantine is lifted2. The exact date will be additionally announced.

Please be reminded that the NBU planned transition of the SEP to the extended operating mode from 1 April 2020, with the system providing interbank payments twenty-three seven (23/7).


 

1 NBU Board Decision No.198 dated 20 March 2020 On Amending NBU Board Decision No.142 Dated 25 February 2020.

2 Resolution No.211 of the Cabinet of Ministers of Ukraine On Preventing the Spread of COVID-19 Caused by Coronavirus SARS-CoV-2 (as amended) dated 11 March 2020.

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