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LETTER OF THE NATIONAL BANK OF UKRAINE

of February 4, 2013 No. 29-113/1397-1298

General department

To territorial administrations of monetary policy of the National Bank of Ukraine, banks of Ukraine,

Independent banking association of Ukraine,

Associations of the Ukrainian banks, 

To the Ukrainian credit banking association,

To private joint-stock company "Ukrainian Financial Group",

To the Ukrainian state company of mail service of Ukrpocht,

Victoria Finance Company LLC,

GGLA Financial Institution LLC

Rather practical application of separate requirements of procedure for carrying out currency exchange transactions

The National Bank of Ukraine in connection with requests of banks of rather practical application of some regulations of the Instruction about procedure for the organization and implementation of currency exchange transactions in the territory of Ukraine approved by the resolution of Board of the National Bank of Ukraine of 12.12.2002 No. 502, of Ukraine of 14.01.2003 registered in the Ministry of Justice for No. 21/7342 (further - the Instruction), reports the following.

1. Concerning the list of documents on condition of which presentation in bank, the financial institution performs currency exchange transactions for physical persons.

According to the Decree of the Cabinet of Ministers of Ukraine "About system of currency control and currency exchange control" the bank, financial institution have the right to perform sale of cash foreign currency only to physical persons - to residents. For observance of this regulation it is necessary to find out rezidentnost of person who performs currency exchange transaction.

Carrying out currency exchange transactions is performed based on documents which give the chance to find out rezidentnost of physical person:

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