The decision of the Board of the National Bank of Ukraine to restore the residence of Ukrainians with Crimean registration will enter into force on April 27, 2020.
The National Bank of Ukraine decided to abolish restrictions on access to financial services for citizens of Ukraine who are registered or permanently reside in the territory of the occupied Crimea and Sevastopol. About it informs NBU press service.
“The NBU regulatory framework repeals special rules on the application of currency legislation to Ukrainian citizens who have Crimean registration and restores their residency status. This decision will facilitate access for citizens to basic services such as opening a bank account or deposit in Ukrainian financial services. institutions, “the regulator said in a statement.
The decision of the NBU board should enter into force on April 27, 2020. In the near future, banks will receive “additional clarifications about the features of identification and verification of such clients when opening accounts.”
Russia annexed Crimea after an illegal referendum on March 16, 2014. The accession of the peninsula to the Russian Federation is not recognized by Ukraine and most countries of the world. At present, there is a checkpoint between mainland Ukraine and the Crimea, and Kiev does not de facto control the peninsula.