According to NBU Decree No. 98, which comes into force on October 5, customers no longer need to submit scanned copies of documents to the bank to have their transactions analyzed.
In particular, now it is not required to provide extracts and copies of the papers that are grounds for transactions, except for the issuer's decision to pay dividends to a foreign investor.
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"The abolition of the requirement to provide scanned copies of documents will free up significant material and technical resources of banking institutions and promote an effective, risk-oriented approach by banks to the analysis of financial transactions of their customers," the NBU said.
