Purchase of foreign currency on the international market requires debt free confirmation from State Fiscal Service of Ukraine

The relevant regulatory requirements are set out in a letter dated 02.26.2015, reference № 28-211 / 12780.

As noted in the letter, to prevent the unrestricted outflow of capital abroad, the National Bank of Ukraine (NBU) has the right to demand from the bank copies of additional documentation giving details that the transaction in question has been appropriately registered. It is the case that the designated bank cannot carry out such transactions without confirmation from the NBU.

Every submission of documents by bank clients for foreign currency purchase transactions must contain the appropriate certificate from the SFSU confirming their tax arrears status.

Recent Posts

March 6, 2023

Ukrainian customs code updated for 2023

From January 1, 2023, a new version of the Customs Tariff of Ukraine (Law of Ukraine dated October 19, 2022 No. 2697-IX “On the Customs…

Continue reading
February 8, 2023

NBU predicts lower inflation in 2023 and recovery in 2024

In 2023, inflation will slow down to 18.7%, and real GDP will grow only marginally – by 0.3%. Inflation will continue to decline in the…

Continue reading
January 11, 2023


COMPANY ESTABLISHMENT Why open a company in Ukraine? Ukraine is a very interesting market for foreign investors at the moment, and the country is seeing…

Continue reading