The National Bank of Ukraine (NBU) has standardized the rules of keeping cash transactions by banks in Ukraine.

According to NBU Board resolution No. 107 dated October 26, 2017 on the approval of changes to the rules of keeping cash transactions by banks in Ukraine that took effect on November 1, 2017, the stamp impression of clients on the checks is now not mandatory.

In addition, the rules of keeping cash transactions by banks in Ukraine is supplemented by uniform characteristics of the packaging material used for packaging banknotes and coins, as well as the requirements for placing coins in packaging.

Resolution No. 107 also clarifies the timing of the transfer of statistical reports by banks and doubtful banknotes for research, which is related to the transformation processes that take place in the National Bank.

As reported by the NBU on its website, the adoption of this document is connected with the introduction of some requirements of the rules of keeping cash transactions by banks in Ukraine to the requirements of the law of Ukraine amending certain legislative acts of Ukraine on the use of stamps by legal entities and individual entrepreneurs.