Essence of the Act:
The Resolution introduces technical changes to the procedure for banks to conduct currency supervision over export-import operations. The main changes relate to the procedure for bank interaction when changing the servicing bank in the customs declaration (CD) and clarification of terminology regarding customs authorities.
Structure and Main Provisions:
1. Terminology updated – replaced “body implementing state policy in the field of state customs affairs” with “central executive body implementing state customs policy”
2. Detailed procedure for bank actions when receiving notification about changing the servicing bank in the customs declaration
3. Established a 5-day period for completing currency supervision by the previous bank when changing the servicing bank for export operations
Key Provisions for Application:
– Banks must respond to notifications about changing the servicing bank in the CD, received both from the NBU and from the customs authority’s CD register
– When changing the servicing bank for export operations, the previous bank must complete currency supervision within 5 working days
– Updated terminology regarding customs authorities must be used in all relevant documents and procedures
