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Currency transactions and foreign trade settlements with non-residents as of July 2026: New currency control easing measures for businesses and tighter bank oversight of payment transactions

authors: Maxim Oleksiyuk, Alexander Shvorak, Volodymyr Tsiupryk

02 July, 2026 Exclusive

This article provides an overview of the changes to Ukraine's currency regime under martial law as of July 2026.

While the National Bank of Ukraine has gradually allowed more cross-border payments, dividend distributions, loan repayments, and investment-related transactions, the general rule remains restrictive: currency operations are permitted only where expressly allowed by Resolution No. 18.

At the same time, banks now play an even stronger gatekeeping role, applying risk-based limits, source-of-funds checks, and enhanced scrutiny to payment transactions.

In practice, Ukrainian businesses have greater flexibility in selected cases, but every transaction with a non-resident still requires careful legal and banking compliance review.

The full version of the article is available in Ukrainian by the link.

 

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