National Bank of Ukraine sets an upper limit on cash payments
On 6 June 2013, the Board of the National Bank of Ukraine adopted the Resolution on setting an upper limit on cash payments, which takes effect from 1 September 2013, the press office of the National Bank of Ukraine announced . In accordance with the requirements of the above Resolution, settlements in cash carried out between enterprises (entrepreneurs) within one business day shall be limited to UAH 10,000. Cash payments for goods (works and services) between a natural person and an enterprise (entrepreneur) shall not exceed UAH 150,000. In addition, cash payments of up to UAH 150,000 are permitted between natural persons under purchase and sales agreements subject to notarization. Natural persons are allowed to make payments exceeding UAH 150,000 by transferring funds from one current account to another one, depositing and/or transferring funds to current accounts, including notary's deposit account, or separate current account in national currency. The Board of the National