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LETTER OF GENERAL DEPARTMENT OF MONETARY POLICY OF THE NATIONAL BANK OF UKRAINE

of October 16, 2013 No. 29-209/17998

Territorial administration of the National Bank of Ukraine, 

to banks of Ukraine, Association of the Ukrainian banks, 

 "Ukrainian Credit Banking Association" associations, 

Independent banking association of Ukraine

Explanation of rather practical application of separate requirements of the regulatory legal act of the National Bank of Ukraine

Due to the requests of banks of rather practical application of separate requirements of the resolution of Board of the National Bank of Ukraine of 16.09.2013 No. 365 "About procedure for receipt of funds in foreign currency on current accounts of physical persons within Ukraine" -1 (further - the Resolution No. 365) the National Bank of Ukraine provides the following explanations.

__________

 - 1 It is registered in the Ministry of Justice of Ukraine of 16.09.2013 for No. 1592/24124.

 

1. About possibility of transfer of funds in foreign currency for current accounts of employees of foreign missions in foreign currency within Ukraine

According to rules of international law and modern international practice the staff of diplomatic representations, consular establishments of foreign states in Ukraine and representative offices of the international organizations in the territory of Ukraine is allocated number of privileges and immunities.

Together with it the existing international agreements of Ukraine are subject to fair observance by Ukraine according to rules of international law (article 15 of the Law of Ukraine "About international treaties of Ukraine").

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