Mobile app
go go
  • For private clients
  • For business
  • Persona
  • The bank today
For private clients
For business
Persona
The bank today
0 800 501 2751
Працюємо для вас

«Valyutniy radnik» - consultations
on FEA

  • Projects verification of FEA-contracts
  • Consultation on currency transactions
  • Amendments to draft documents on FEA
  • Consultation on non-standard issues
  • Consultations on financial monitoring
Get a consultation by phone
We will contact You within 24 hours
How can a PUMB customer get a piece of advice?

To ask questions and get chat tips, follow these steps:

  • Go to  PUMB Online for entrepreneurs
  • Select the “Products and Services” section
  • Click the “Consultations” menu and select the type of consultation – “Valyutniy radnik”
  • Fill out the form "Create a consultation" and click "Create”
 Follow 
 
Answers to the frequently asked questions:
What is the procedure for transferring foreign-economic contracts between banks?

Purchase of foreign currency under a foreign economic agreement is carried out via one authorized bank. The bank's customers transfer the corresponding foreign-economic service agreement to another bank on the basis of a written request, which must contain the customer's permission to receive information on outstanding settlements under the foreign-economic agreement from the bank via which the settlement was made under this contract.

 

The bank to which the foreign economic agreement is transferred for servicing, no later than the third working day from the date of receipt of the client’s written request, must contact the bank via which the payments settlements under the foreign economic agreement were made to obtain all information about the customer’s outstanding settlements under this contract.

 

The bank is obliged to provide information on the customer’s outstanding settlements no later than the fifth business day from the date of receipt of the bank’s appeal to which this contract is transferred for servicing.

 

The exchange of information between banks is carried out by means of the National Bank e-mail (NBU Resolution No. 5 as of 02.01.2019).

How can I transfer a FEA contract to PUMB?

Bank customers (potential customers) provide to the Bank: a foreign economic agreement, an additional agreement with the details of PUMB, a letter of access to another bank.

 

PUMB no later than the third working day from the date of receipt of the written request of the customer shall contact the bank, through which payments/settlements were made under the foreign economic agreement, in order to obtain all information available to him regarding incomplete settlements of the customer under this agreement. The bank is obliged to provide information on the customer’s outstanding settlements no later than the fifth business day from the date of receipt of the bank’s appeal to which this contract is transferred for servicing.

 

The exchange of information between banks is carried out by means of the National Bank e-mail (NBU Resolution No. 5 as of 02.01.2019).

What are the details of the correspondent banks of PUMB?
What is the term for settlement of export-import contracts?

The National Bank of Ukraine has the right to set the deadlines of payments for export and import of goods in accordance with Article 13 of the Law of Ukraine "On Currency and Currency Transactions". The deadline for payments is 365 calendar days in accordance with the operations provided in paragraph 21 of Section II of the NBU Resolution No.5 dated January 2, 2019.

 

Violation by residents of the settlement period of 365 calendar days entails charging a fine for each day of delay in the amount of 0.3% of the amount of non-received cash under the contract (the value of the undelivered goods) in the national currency. The total amount of the accrued interest can’t exceed the amount of non-received cash under the contract (the value of the undelivered product).

What is foreign exchange control over export-import contracts?

The Bank carries out currency control over compliance by residents with the deadlines for settlement: 365 calendar days for operations of the resident for the export and import of goods, import operations without import of goods into the territory of Ukraine, which are not completed or the bank has no information on the implementation of settlements (NBU Regulation No. 7 as of 02.01.2019).

 

The Bank starts counting the deadlines of settlements established by the National Bank – 365 calendar days – from the next calendar day after the date:

 

1)registration of the customs declaration for exported or from the date of the act signing or other documents.

 

2)making a payment (debiting funds from a customer’s account) for an operation to import goods.

What is included in the "splitting a currency transaction" concept?

The fragmentation of a currency transaction is the artificial division of the total amount of a currency transaction to be analyzed and verified, providing for the simultaneous presence of the following features:

 

  • currency transactions are carried out by one person;
  • currency transactions are interconnected by the same counterparties, by the bases – the contract, the aim of the currency transaction;
  • each currency transaction is carried out in an amount less than the amount of an insignificant amount (150,000 UAH in equivalent at the official exchange rate of hryvnia to foreign currencies set by the National Bank on the date of the transaction);
  • currency transactions are carried out at least three times per calendar week and/or ten times per calendar month;
  • the total amount of currency transactions for a calendar week exceeds twice the amount and/or calendar month – eight times the insignificant amount (150,000 UAH in equivalent at the official hryvnia exchange rate to foreign currencies set by the National Bank on the date of the transaction);

other signs of the splitting of currency transactions established at the sole discretion of the authorized institution.

 

Fragmentation of the operation for the export of goods – the artificial division of the delivery of goods by the operation for the export of goods implies the simultaneous presence of the following features:

 

  • operations for the export of goods are carried out by one resident;
  • operations interconnected with one non-resident counterpart and contract;
  • the amount of each operation item export smaller than an insignificant amount (1500 00 UAH);
  • the amount of operations for the export of goods for a calendar month exceeds ten times the size of the transaction by an insignificant amount ( 150,000 UAH)

Feedback