Obtaining an Individual License from the NBU

Licensing is one of the main areas of administrative regulation by the National Bank of Ukraine (NBU). Within its jurisdiction, the NBU implements state regulatory policy in the field of licensing certain types of financial and economic activities of banks and non-bank financial institutions.

An individual license from the NBU is a document that grants a citizen of Ukraine the right to conduct a specific foreign currency transaction abroad.

Our law firm provides professional assistance in obtaining an individual license from the NBU. Qualified and experienced specialists will take responsibility for preparing and submitting the required set of documents, provide consultations, and guarantee full legal support at every stage of the procedure.

Before starting the licensing procedure, it is necessary to determine the type of license required. Typically, there are three types:

• for the transfer of foreign currency abroad for the purpose of foreign investments;

• for opening and using an account in a foreign bank for individuals and legal entities — citizens of Ukraine;

• for the transfer of foreign currency abroad by residents of Ukraine to pay for insurance services under contracts with non-residents and for carrying out certain currency transactions.

To obtain an individual license from the NBU, it is necessary to submit: an application, an extract from the Unified State Register, confirmation of taxpayer registration, bank details, and documentary evidence justifying the grounds for obtaining the license.

Obtaining an individual license from the NBU is a complex process requiring knowledge, time, and an understanding of all legal nuances. By contacting our specialists, you are guaranteed to receive competent assistance and complete the procedure as quickly and efficiently as possible.