National Bank of Ukraine bans banks from accepting Russian rubles to replenish deposits

Banks of Ukraine from November 21 will not be able to accept rubles from individuals in order to replenish deposits. The corresponding decision was made by the National Bank of Ukraine (NBU), the Ukrainian newspaper reports. “” with reference to the regulation of the regulator. The document is dated October 8, it was sent to banks on October 19.

“The bank (branch, department) is prohibited from carrying out cash transactions for accepting cash foreign currency of the occupying state for crediting to the deposit (deposit) accounts of individuals for the period of the law” On ensuring the rights and freedoms of citizens and the legal regime in the temporarily occupied territory of Ukraine ” ‘”, – it says. According to the sources of the publication, the restrictions apply only to the deposit accounts of the population and do not apply to all others. The NBU ban in banks is perceived differently and they are going to curtail the acceptance of rubles on any accounts, including current and card accounts, the interlocutors of the publication explained.

In October 2017, the NBU banned banks and financial institutions of the country to carry out cash, including currency exchange, operations with banknotes and coins of the Central Bank of Russia, which depict the objects of the Crimea. In addition, in Ukraine there is a ban on operations using Russian banknotes and coins with the image of a map of Russia and Crimea. In particular, this refers to a banknote with a face value of 100 rubles, the issue of which the Central Bank of Russia has timed to coincide with the World Cup in Russia. It shows a map of Russia with Crimea. We are also talking about a 2,000-ruble note, which depicts the Crimean bridge, and a 3-ruble coin dedicated to the Holy Trinity Cathedral in Simferopol.

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