The National Bank introduces tracking of payment transactions
The National Bank of Ukraine proposes to update the procedure for performing interbank payment transactions through the NBU electronic payment systems (SEP).
The National Bank of Ukraine proposes to update the procedure for performing interbank payment transactions through the NBU electronic payment systems (SEP).
"The National Bank of Ukraine proposes to update Instruction No. 16 on the execution of interbank payment transactions in Ukraine in the national currency," the NBU said in a statement.
From December 1, 2025, it is proposed to establish an obligation:
- the SEP sender participant shall inform the payer in the manner specified in the agreement that this payment transaction was executed by means of the SEP and about the universal unique identifier (in English Unique End-To-End Transaction Reference, UETR) of this payment transaction, in order to provide the payer with the opportunity to track the stages of execution of such a payment transaction;
- the SEP participant-recipient shall inform the recipient in the manner specified in the agreement that this payment transaction was executed by means of the SEP and about the UETR of this payment transaction, in order to provide the recipient with the opportunity to track the stages of execution of such payment transaction;
- the sender SEP participant must inform the payer in the manner specified by the contract about the rejection of a payment transaction by another SEP participant or COSEP, indicating the reason for the rejection and the UETR of this payment transaction.
These requirements will also apply to non-bank payment service providers that perform payment transactions via the SEP through a bank that is a participant in this system.
The relevant norms are contained in the draft resolution "On Amendments to the Instructions on the Execution of Interbank Payment Transactions in Ukraine in the National Currency", which is proposed for discussion.
Comments and suggestions to the Draft Resolution are accepted until September 4, 2025 inclusive.
"Businesses that support the Defense Forces will be able to transfer funds above the import limit." NBU eases currency restrictions for businesses: what will change
"Businesses that support the Defense Forces will be able to transfer funds above the import limit." NBU eases currency restrictions for businesses: what will change
"The bank must itself see the suspicious activity of the client, determine whether to attribute it to drops, and enter the data into the register." The NBU explained how the drop register will work
"The bank must itself see the suspicious activity of the client, determine whether to attribute it to drops, and enter the data into the register." The NBU explained how the drop register will work
Read the country's main IT news in our Telegram
Read the country's main IT news in our Telegram
