In Ukraine entered a law that will allow the national Bank to transfer the cash deposited to other banks

В Украине вступил закон, который позволит Нацбанку передавать наличные на хранение другим банкам

In Ukraine came into force the provisions of the law No. 2491-VIII On amendments to some legislative acts of Ukraine concerning improvement of the functioning of the financial sector in Ukraine. Yesterday the document was published in the official parliamentary newspaper “Voice of Ukraine”.

The national Bank receives the right to store banknotes and coins, either directly or in banks authorized for storage and operations with them. NBU will determine requirements for banks, which will allow you to store cash, but will also set exactly how it should be done.

National Bank authorized to conduct inspections and audits of cash held in banks authorized for the Deposit of coins and banknotes.

Established that liquidation of the Bank are not included banknotes and coins transferred to it for storage.

Necrogoat authorized to establish requirements for protection of premises of banks and their divisions and non-banking institutions and postal operators which received the license for implementation of currency operations, or a license to transfer funds without opening an account.

Note that the new rules on state-owned banks will enter into force three months later – in particular, the system of management of such banks.

As reported, the Verkhovna Rada adopted this law in the summer of 2018 263 votes of people’s deputies.

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