NBU allows use of payment cards abroad for settlements, cash withdrawals
The National Bank of Ukraine has ensured that payment cards can be used abroad for making payments and cash withdrawals, adding them to the list of exceptions to the ban to the ban on cross-border transfers of currency valuables from Ukraine on behalf of customers introduced on February 24.
As stated in the report of the NBU on its website on Wednesday, these changes to Resolution No. 18 dated February 24, adopted immediately after the start of the war by Russia and the imposition of martial law, were made by NBU Board Resolution No. 30 dated March 1, 2022.
The National Bank said that since the introduction of martial law, the NBU has not placed any restrictions on cashless payments, including abroad, since the authorities imposed martial law.
At the same time, the NBU has also banned the crediting of funds to the accounts of individuals when processing remittances initiated through electronic means of payment issued by members of international payment systems operating in the Russian Federation and the Republic of Belarus.
"In addition, the regulator has forbidden Ukrainian banks to accept electronic means of payment (including transfers, settlements, and cash withdrawals) issued by members of said international payment systems," the regulator added.
As reported, the UN estimates the possible number of refugees from Ukraine due to the war started by Russia at tup to 4 million people.