Economy Ministry, NBU agree to cooperate on remote BankID system

14:52, 10.06.2016 1 min read

Ukraine's Ministry of Economic Development and Trade and the National Bank of Ukraine (NBU) have agreed to cooperate on the issue of remote identification of bank clients, the ministry has reported on its website.

"Deputy Minister Yulia Klymenko and NBU Deputy head Yakov Smolyi signed a memorandum of cooperation on remote identification of bank clients, who wish to receive electronic administrative services via the unified state portal (poslugy.gov.ua)," the post says.

According to the post, the introduction of the NBU BankID system will limit direct contact between citizens and government, as well as provide significant savings in the provision of administrative services.

The NBU's BankID system is working in test mode currently and the project is scheduled to launch during fall 2016.