The NBU has increased the credit period on export-import operations.

The National Bank of Ukraine will increase the credit period on export-import operations from 90 to 120 calendar days, starting June 8. It is noted that the decision to increase the payment deadlines is aimed at expanding the opportunities for the export and import of goods by Ukrainian businesses in the context of supply chain disruption due to the war. The new requirements will apply to residents’ export and import operations of goods carried out since April 5, 2022. For transactions carried out before that date, the payment deadline is 365 days.