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Everyone is concerned: what should be known about introducing IBAN

25.07.2019

On 5 August 2019, Ukraine is introducing IBAN international bank account numbers, which consist of 29 alphanumeric characters.

Starting from 1 November 2019, using an IBAN number will become mandatory for all Ukrainian banks when performing money transfers in domestic and foreign currencies, including cross-border transfers. That means that after 1 November 2019 all money transfers will be executed only through the use of an IBAN number..

All details in the NBU infographics below.

Everyone is concerned: what should be known about introducing IBAN

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