AW-802336379
 

LONG-TERM RENTAL AND SALE OF APARTMENTS IN KIEV

ALL OFFERS WITHOUT COMMISSION

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The Resolution of the Board of the National Bank of August 22, 2017 No. 81 "On Amending the Resolution of the Board of the National Bank of Ukraine No. 410 of December 13, 2016" provides for measures for currency liberalization. One of the main changes is the removal of the limit for receiving cash currency.

The limit on cash withdrawal in the amount of not more than UAH 250 thousand in equivalent was in effect from September 2016.

Finally, the National Bank decided to completely abandon this limit, explaining this by improving the liquidity of the banking system in foreign currency and stabilizing the foreign exchange market. This decision is intended to help increase public confidence in the banking system and the return of savings to deposits.

In addition, the approach to bearer certificates of deposit is simplified by lifting the ban on their issuance, which has been in effect until now, and canceling the requirement to redeem them only by transferring funds to the account of the certificate holder or bearer.

In addition, the requirement for a minimum six month placement period has been removed for certificates of deposit in foreign currency.