The National Bank of Ukraine Agrees the Rules for AVERS No.1 International Payment System
29.03.2017 10:44 | National bank of Ukraine
The
National Bank of Ukraine has agreed the rules for AVERS No.1
international payment system and issued certificate No. 33 of 23 March 2017 to
the payment institution for this system, CREDIT OPTIMA BANK PJSC(Kyiv).
Information
about AVERS No.1 international payment system has been entered into
the Register of payment systems, settlement systems, participants in,
and service operators of the payment infrastructure.
According
to the rules of AVERS No.1 international payment system, participants in this
payment system may be banks of Ukraine and non-bank financial institutions
licensed to execute money transfers without opening accounts
under agreements entered into with the payment institution and provide services related to money
transfers to its users through the payment system. CREDIT OPTIMA BANK PJSC is
the payment system’s settlement bank.
AVERS
No.1 international payment system provides the following services related to
money transfers:
1)
money transfers in domestic currency within Ukraine:
—
cash and non-cash
transfers to be paid in cash or credited
to accounts from individuals to the benefit of individuals;
—
cash and non-cash
transfers to be paid in cash or credited
to accounts from individuals to the
benefit of legal entities; and
—
non-cash transfers to be credited to accounts from legal entities to the benefit of
individuals.
Cross-border
transfers in foreign currency:
—
cash and non-cash transfers to be paid in cash or credited to accounts
from individuals to the benefit of individuals.
The
system executes money transfers in UAH, US dollars, euro, and and
Russian rubles.
As of 27 March 2017,
information about 26 international and domestic money transfer systems had been
entered into the Register, including
—
19 systems created by residents (eight systems created
by banks);
—
seven systems established
by nonresidents.
Overall,
in January-February 2017, through the money transfer systems created by
residents and non-residents,
the following amounts were transferred:
to Ukraine – the equivalent of USD 344
million;
out of Ukraine – the equivalent of USD 42 million; and
within Ukraine – the equivalent of USD 657 million.
The list of all the payment systems
incorporated in the Register of payment systems is avalable
on the NBU’s official website..