In accordance with the NBU Strategy until 2025 and the development roadmap of the System of Electronic Payments of the National Bank of Ukraine (SEP), and taking into account Ukraine's EU candidate status, as of 1 April 2023, the NBU has converted to a new generation of the NBU's System of Electronic Payments (SEP 4.0) based on the international standard ISO 20022.
 
Interbank payments are transacted in the new generation of SEP 4.0 24/7.
 
The Information Technologies Department of the National Bank of Ukraine has developed and implemented SEP 4.0 software and infrastructure.
 
Transition to SEP 4.0 is an important technological condition for the development of high-quality Ukrainian payment infrastructure. In particular, this will expand functions of SEP, harmonize its operation with the EU rules and pave the way for:

• implementing instant transfers in the version of SEP 4.1 for customer payments in Ukraine in real time as of 1 December 2024. SEP instant transfer functionality enables payment service providers to transfer funds from payer to payee in 10 seconds ensuring reliable, fast, and high-quality service for users

• Ukraine's further accession to the Single Euro Payments Area (SEPA) in order to transact cross-border transfers in euros with EU countries through SEPA Instant Credit Transfer

• commencing implementation of payment tracking services, multi-currency, and other instruments.

On this page you can find documents on the implementation of ISO 20022 in Ukraine, as well as the roadmap for SEP development.
 
An e-mail was set up to communicate with NBU team on methodological issues of ISO 20022 and the new generation of SEP: [email protected].
 
At the same time, the NBU has installed a SEP stand where SEP participants and software developers can at any convenient time run the interaction of automation systems with the SEP processing center and other participants.
 
For technological cooperation with SEP 4.0 and SEP stand please e-mail to [email protected].