The NBU has relaxed the requirements regarding the repatriation of foreign currency proceeds for a number of export transactions

The payment deadlines for certain transactions involving the export of pipes and railway equipment have been extended

The National Bank of Ukraine (NBU) has extended the payment terms for certain export transactions involving pipes and railway equipment, carried out from 15 June 2026, from 180 to 270 days. This is stated in a notice issued by the regulator.

This applies to goods classified under the following codes in accordance with the Ukrainian Classification of Goods for Foreign Economic Activity (UKT ZED): 7304, 7305, 7306, 8607.

The payment deadlines for certain export operations have been revised in line with proposals received from the government. The decision was taken following consultations with the Ministry of Economy.

As noted by the NBU, these changes reflect actual logistics and production cycles and do not pose risks to macro-financial stability.

“Extending the settlement deadlines will simultaneously increase the flexibility of Ukrainian exporters in the context of lengthy logistics cycles and complex settlements with foreign counterparties, help avoid a decline in industrial exports, and preserve foreign exchange inflows,” the National Bank stated in its announcement.

These changes were approved by NBU Board Resolution No. 63 of 12 June this year and came into force on 13 June.

As a reminder, in January this year, the NBU eased a number of foreign exchange restrictions and clarified the specifics of foreign exchange regulation to support the operations of Ukrainian businesses. In particular, the regulator introduced a new incentive ‘borrowing’ limit to increase the flexibility of domestic enterprises in managing funds raised from abroad, thereby creating a regulatory framework to facilitate the restructuring of existing external loans.