Ukraine's Central Bank allows banks to accept e-documents amid export-import control

18:53, 16.06.2016 1 min read

The National Bank of Ukraine has allowed banks to accept electronic forms of documents during export-import control, the regulator announced on its website.

Corresponding amendments to the instructions on the procedures of control over export and import operations were stipulated in NBU resolution No. 347 dated June 16.

The amendments are applicable to export and import operations that are handled with the use of electronic transactions.

What is more, the NBU allowed banks to accept an invoice as proof of provided services.

The resolution cancelled compulsory written confirmation by clients from a foreign tax authority stating how many taxes have been paid (only on request of a bank).