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pc nid 92220 Apr 28, 2026 arahman@vixio.com Ukraine National Bank of Ukraine (NBU) horizon scanning
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Ukraine's National Bank Clarifies Payment Instruction Processing in Foreign Currency and Banking Metals

On April 27, 2026, the National Bank of Ukraine (NBU) clarified procedures for payment service providers executing payment instructions in foreign currency and banking metals. The NBU introduced several regulatory refinements through Board Resolution No. 41 of April 23, 2026. These changes address the implementation of new commission fee codes for payment service providers handling cross-border fund transfers in foreign currency or banking metals. The regulator enhanced procedures for payment service providers to enforce collection of tax debt in national currency when debtors hold funds in foreign currency accounts. Additionally, the NBU mandated that payment service providers receiving funds must inform their users of each credit to their accounts following receipt. The resolution amends the Regulation on the Procedure for Payment Service Providers to Execute Payment Instructions in Foreign Currency and Banking Metals. Payment service providers, including banks and other entities offering payment services, must comply with these new requirements. The changes take effect on April 28, 2026. Payment service providers should review the updated procedures to ensure compliance with the new commission fee coding system, enhanced debt collection mechanisms, and mandatory user notification requirements for foreign currency and banking metal transactions. **Reference:** National Bank of Ukraine Board Resolution No. 41 of April 23, 2026, "On Approval of Amendments to the Regulation on the Procedure for Payment Service Providers to Execute Payment Instructions in Foreign Currency and Banking Metals"

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Ukraine's National Bank Clarifies Payment Instruction Processing in Foreign Currency and Banking Metals

On April 27, 2026, the National Bank of Ukraine (NBU) clarified procedures for payment service providers executing payment instructions in foreign currency and banking metals. The NBU introduced several regulatory refinements through Board Resolution No. 41 of April 23, 2026. These changes address the implementation of new commission fee codes for payment service providers handling cross-border fund transfers in foreign currency or banking metals. The regulator enhanced procedures for payment service providers to enforce collection of tax debt in national currency when debtors hold funds in foreign currency accounts. Additionally, the NBU mandated that payment service providers receiving funds must inform their users of each credit to their accounts following receipt. The resolution amends the Regulation on the Procedure for Payment Service Providers to Execute Payment Instructions in Foreign Currency and Banking Metals. Payment service providers, including banks and other entities offering payment services, must comply with these new requirements. The changes take effect on April 28, 2026. Payment service providers should review the updated procedures to ensure compliance with the new commission fee coding system, enhanced debt collection mechanisms, and mandatory user notification requirements for foreign currency and banking metal transactions. **Reference:** National Bank of Ukraine Board Resolution No. 41 of April 23, 2026, "On Approval of Amendments to the Regulation on the Procedure for Payment Service Providers to Execute Payment Instructions in Foreign Currency and Banking Metals"