The National Bank has expanded the possibilities of currency transactions for businesses and the military
The National Bank of Ukraine is introducing a number of easing currency regulations from April 25, 2026, aimed at supporting the defense-industrial complex, attracting foreign specialists, and strengthening social protection for the military. The new rules provide for expanding opportunities for the purchase and transfer of foreign currency for both enterprises and individuals.
In particular, defense enterprises will receive priority conditions for purchasing currency. Banks will no longer take into account the available balances on companies’ accounts if the purchase of currency is carried out with budget money to fulfill state contracts or if financing has come from foreign partners.
This will allow manufacturers of military goods to fulfill their obligations to the state on time and meet the needs of the security sector.
“The innovations are aimed at supporting the defense industry, attracting foreign specialists to manage Ukrainian companies, improving conditions for military personnel, and strengthening support for Ukrainians abroad,” the National Bank of Ukraine noted.
Important changes apply to foreign citizens serving in the defense forces. Non-resident military personnel will be able to transfer their cash benefits received after May 1, 2026, abroad without restrictions. The regulator also expanded the list of documents for opening bank accounts for military personnel, allowing the use of new military registration documents and officer certificates.
In addition, the National Bank of Ukraine has created conditions for involving international expertise in managing domestic businesses. Ukrainian companies are allowed to purchase and transfer currency to the accounts of foreign members of supervisory boards and executive bodies. Similar relaxations apply to ordinary non-resident employees, who will be able to freely dispose of funds earned in Ukraine.
A separate point of the reform is the support of Ukrainian citizens abroad. The National Bank has allowed the government structure “Agency of National Unity” to make cross-border transfers to finance measures to support Ukrainians and implement initiatives aimed at their return home.
The introduced changes indicate a gradual transition to an adaptive currency policy that takes into account the challenges of wartime. The National Bank of Ukraine continues to liberalize the market, while maintaining the necessary safeguards to support macro-financial stability and protect the state’s gold and foreign exchange reserves.
