PERIOD OF PAYMENTS IN IMPORT AND EXPORT TRANSACTIONS CANNOT BE MORE THAN 120 DAYS

In accordance with Art. 1 and 2 of the Law of Ukraine “On the order of payments in foreign currency” period of payments in import and export transactions cannot be more than 180 calendar days.
Nevertheless, National Bank of Ukraine has an authority to establish additional limits.
Nowadays period of payments in such transactions cannot be more than 120 calendar days (p.1 of Regulation of NBU No.410 as of December 13, 2016). This limit is valid until June 16, 2017.