As of 1 December 2025, the National Bank of Ukraine (NBU) introduces a tracking service for payment transactions (TrekSEP) in the System of Electronic Payments (SEP) of the NBU.
This is a new information service for individuals and legal persons to track 24/7 the route of payments made in SEP — from initiating to crediting funds. For businesses this means better control of transacting payments with counterparties, and for households, a clear and convenient tool for monitoring their own payments.
Users (both payers and payees) will be able to view the status of a payment transactions (for example, initiated, processed by the payer’s bank, pending processing in SEP, credited to the payee’s account, etc.) and the timeframe for all its key stages. First and foremost, this concerns account-to-account transfers based on bank details/IBAN, including instant transfers that are delivered in SEP.
A key element of the tracking service is a universal unique identifier of a payment transaction, UETR (Unique End-To-End Transaction Reference). By entering UETR in TrekSEP, the user will be able to receive detailed information about the movement of funds for this transactions (without personal data).
As of 1 April 2026, all SEP participants are obliged to:
- generate a UETR for each payment transaction executed in SEP
- provide this identifier to the payer
- transmit to TrekSEP information on the status of the transaction.
“Thanks to the tracking service in SEP, customers will receive a simple tool for controlling their payments in real time, and banks and other payment service providers will be able to reduce operating costs of tracking the status of transfers. For the NBU this is yet another step towards developing a modern and transparent payment infrastructure compatible with the European standards. This also lays the foundation for further innovations in SEP, from a multi-currency option to deeper integration with European payment systems to applying analytics and artificial intelligence during payment processing,” said Volodymyr Nagornyuk, Director of the Information Technologies Department of the NBU.
The NBU is consistently developing SEP as the foundation of the national payment infrastructure.
Transitioning to the new generation SEP-4 based on ISO 20022, introducing instant credit transfers, and launching the tracking service (as a component of SEP development roadmap for 2025–2030) provides a new level of transparency, speed, and convenience of interbank settlements for users.
Next steps of system development include introducing a multi-currency option, integrating into SEPA payment infrastructure for cross-border transfers with EU member states, expanding the use of ISO 20022 standard, granting direct access to SEP to certain nonbank payment service providers, as well as implementing services for assessing payment transaction risks based on up-to-date analytics and artificial intelligence.