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On April 24, 2026, the National Bank of Ukraine (NBU) announced a series of foreign exchange (FX) restrictions easing measures, effective from April 25, 2026. The changes, stipulated in NBU Board Resolution No. 43, aim to support defence enterprises, facilitate recruitment of qualified specialists, assist military personnel, and support Ukrainians abroad. The NBU has introduced several key modifications to FX regulations. Defence enterprises can now disregard FX balances in accounts when purchasing foreign currency if funds were received from foreign states or agencies financing military and dual-use goods contracts, or if currency is purchased using budget funds for state defence contracts. This ensures timely fulfilment of defence industry obligations. Non-resident servicepersons can now purchase and transfer foreign currency abroad without restrictions up to the amount of their allowances, provided funds were credited on or after May 1, 2026. For funds credited before this date, the existing limit of up to the equivalent of 400,000 Ukrainian hryvnia (UAH) per calendar month continues to apply. Banks have been authorised to credit hryvnia funds to non-resident servicepersons' accounts regardless of citizenship, ensuring equal social protection conditions. The NBU has expanded acceptable identification documents for servicepersons opening accounts, including new-type military registration documents, military IDs, officer's IDs, and general's IDs. Ukrainian companies can now purchase and transfer foreign currency to non-resident board members and executives for payments accrued on or after May 1, 2026. Non-resident individuals can transfer foreign currency abroad for salaries and payments received on or after May 1, 2026. Additionally, the NBU has removed the requirement for insurers to submit monthly solvency calculations to remain eligible for reinsurance transactions with non-resident reinsurers, and has established conditions for the Agency of National Unity LLC to conduct international transfers using budget funds to support Ukrainians abroad.

On April 23, 2026, the National Bank of Ukraine (NBU) adopted Resolution No.43 on Amendments to NBU Board Resolution No.18 dated February 24, 2022. The changes, stipulated in NBU Board Resolution No. 43, aim to support defence enterprises, facilitate recruitment of qualified specialists, assist military personnel and support Ukrainians abroad. The NBU has introduced several key modifications to foreign exchange (FX) regulations. When processing companies' requests to purchase foreign currency, banks will be able to disregard FX balances in accounts if: Such funds were received from foreign states or agencies authorised by them to finance contracts for the production of military and dual-use goods whose end recipients are units of the security and defence forces. Foreign currency is purchased using budget funds to fulfil a state contract for the production of military goods whose end recipients are units of the security and defence forces. These changes will facilitate the fulfilment of defence enterprises' obligations to government customers and ensure the proper functioning of Ukraine's defence industry as a whole. The NBU has authorised the use, for identification and verification of servicepersons, of the new-type military registration document in the form established by the Ministry of Defence, as well as military ID, officer's ID and general's ID, provided that these documents are valid at the time of opening an account for the serviceperson. These amendments come into effect on April 25, 2026.

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Ukraine's National Bank Eases Foreign Exchange Restrictions for Defence, Military Personnel, and Specialists

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National Bank of Ukraine Adopts Resolution No.43 on FX Restrictions