Financial news as of 03/14/2022, namely about the funds exported from the territory of Ukraine, as well as the Chamber of Commerce and Industry about a force majeure situation

Restrictions on the export of currency from Ukraine:

The National Bank of Ukraine returned the demand for currency when crossing the border.


Now, namely from March 13, 2022, when traveling abroad, Ukraine will again need to provide supporting documents in case of moving currency values in an amount exceeding 10 thousand euros.


The Board of the National Bank of Ukraine adopted Resolution No. 51 of March 13, 2022 “On Amendments to the Resolution of the Board of the National Bank of Ukraine of February 24, 2022 No. 18”, which, in fact, specifies the new requirement.


The National Bank returned the requirement for citizens to provide supporting documents of banks when moving currency values outside Ukraine in an amount exceeding 10,000 euros (equivalent), in particular, documents on cash withdrawals from their own accounts or on the purchase of banking metals.


Recall that on March 4, 2022, the National Bank made changes to the Resolution of the Board of the National Bank of Ukraine dated February 24, 2022 No. 18 “On the operation of the banking system during the introduction of martial law”, which allowed individuals not to provide supporting documents when transporting currency values. abroad.


Today, in order to prevent the withdrawal of capital abroad, as well as taking into account communication with the relevant state authorities, the National Bank decided to return the claim.


Regarding the force majeure situation on the territory of Ukraine:


The Chamber of Commerce and Industry has published a letter that can be used to confirm a force majeure situation, thus it is not necessary to submit documents to certify this situation at the moment. Link to the letter:


This letter is equated to a personal appeal regarding the certification of a force majeure situation, and also those who are affected by this letter can refer to it during the discussion of clauses of existing agreements.


Regarding the work of the Ukrainian economy:

Volodymyr Zelensky, President of Ukraine, instructed the Cabinet of Ministers to ease taxes as much as possible and create a new tax model for the time of the war and the post-war period.


On this occasion, we are waiting for clarifications and clarifications, and in order not to miss the news, you can subscribe to our Telegram channel:  or to our Instagram: @uipcompany 

The Immigration Law Office was established in 2007. It provides assistance to foreign clients in Kiev (KV), Odessa (OD), Dnipro (DP), Lviv (LV), Kharkiv (KH), Lugansk (LG) and Donetsk (DN) regions, Crimea (KR) and others regions of Ukraine.

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