The national Bank of Ukraine from 4 January, reduces the maximum level of cash payments per day 3 times — from 150 thousand to 50 thousand UAH.
According to a posting on the NBU website, the relevant rules are contained in the resolution of Board of National Bank of Ukraine from 25.11.2016 No. 407 «About modification of the resolution of Board of National Bank of Ukraine from June 6, 2013 № 210″ On establishing the maximum amount of cash settlements».
«The regulation provides the maximum amount of cash settlements between individuals and the enterprise (entrepreneur) in one day in the amount of 50 thousand UAH, as well as individuals among themselves for contracts of sale, which are subject to notarization, in the amount of 50 thousand UAH», — stated in the message.
The regulator noted that individuals have the right to make payments in an amount exceeding UAH 50 thousand, by transferring funds from the current account to the current account, depositing and/or transferring funds to current accounts (including the notary Deposit in a separate current account in national currency).
At the same time, the maximum amount of cash settlements of enterprises (businesses) among themselves in one day remains unchanged at 10 thousand UAH.
The NBU believes that the establishment of the limit amount of cash settlement at the level of 50 thousand UAH will not cause inconvenience to citizens as it affects the daily purchases of the population.
Control over observance of the procedure of cash settlements for goods (services) in accordance with the Tax code of Ukraine will implement the State fiscal service of Ukraine.
As reported, from 1 September 2013 in Ukraine the maximum amount of cash payments at the level of UAH 10 thousand — for settlements of enterprises (businesses) among themselves in during one day, 150 thousand UAH – for the calculations of individuals, enterprises (entrepreneurs) during one day for goods (works, services) and between themselves by contracts of sale, subject to notarization.
The national Bank from January 4, reduces the maximum level of cash payments between physical persons to 50 thousand hryvnia 03.01.2017