OREANDA-NEWS. NBU with Resolution No. 369 of 15 August 2016 adopted the Regulation On Banks’ Analysis and Verification of Documents (Information) Regarding Financial Transactions and Their Participants, adoption of which was essential due to regulation of gained practice by the legal act. Document was adopted taking into account the proposals of banking community, with which the draft regulation was previously discussed.

Before, the procedure for banks’ analysis and verification of documents (information) regarding financial transactions and their participants was determined in the letters of the National Bank of Ukraine No. 25-0004/3997 of 16 January 2016, No. 25-0004/48670 of 8 June 2016, No. 25-0005/50423 of 14 June 2016, No. 25-0005/50847 of 15 June 2016 and partially by norms of Regulation On the Procedure for Receipt of Loans in Foreign Currency by Residents from Non-Residents and of Granting Loans in Foreign Currency by Residents to Non-Residents.

Regulation outlines the procedure for banks’ analysis and verification of documents (information) regarding financial transactions and their participants, which are grounds for the following:

1) foreign exchange purchase aimed at transfer it from Ukraine abroad;

2) transferring foreign exchange from Ukraine abroad;  

3) transferring funds in hryvnia to nonresident through corresponding accounts of nonresident banks, which were opened in banks;

4) transferring funds to nonresident through banks branches opened on the territory of other states;

5) consent on servicing transactions under agreement (including if it was amended) that implies fulfilment of debt obligations by residents before nonresidents under loans attracted from nonresidents, and borrowings in foreign exchange;

6) crediting funds in hryvnia to investment accounts opened by nonresident investors in Ukrainian banks as returning of foreign investments and profits, income, other funds received by nonresident investor from investment activity in Ukraine etc.