The National Bank of Ukraine (NBU) has increased the deadlines for settlements on export-import operations from 90 to 120 calendar days to expand the possibility of import and export for Ukrainian business in war conditions, the press service of the regulator reported on Tuesday.
The relevant changes were adopted by the NBU Board Resolution No. 113 dated June 7, which was published on the website of the Central Bank and comes into force on June 8
According to the announcement, the new requirements will apply to residents’ operations for the export and import of goods carried out from April 5, 2022.
It is indicated that for transactions that were carried out before April 5, the deadlines will remain at the level of 365 days.
