The National Bank of Ukraine (NBU) made a number of changes to the procedure for opening and managing accounts, as well as set new limits on transfers between cards. Here are the main innovations that affect citizens and businesses.
Simplification of account opening procedures
The NBU has improved the process of opening and closing accounts, making life easier for bank customers.
- Electronic signature instead of a sample signature
The regulator eliminated the requirement to provide a sample signature for individuals, entrepreneurs and authorized persons during account transactions. Now documents can be signed using an electronic signature, if this is provided for in the contract. - Convenience for clients in difficult situations
The use of an electronic signature will be useful for those who, due to illness or other circumstances, cannot sign by hand. This significantly expands access to banking services for people with disabilities. - Accounts for non-bank payment providers
Non-bank payment service providers will now be able to open accounts for other similar organizations. At the same time, such accounts can be used exclusively for transactions with own funds. - Clarity in the right to dispose of an account
The NBU clarified the list of persons who can dispose of accounts and sign payment instructions, increasing transparency in banking operations.
