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NBU forbade banks to operate with rubles, which depicts the occupied territory of Ukraine

NBU forbade banks to carry out operations with banknotes and coins of the Russian Federation with the image of the objects in the occupied territory

Photo: EPA

The national Bank of Ukraine forbade banks to carry out cash, including foreign exchange, operations with banknotes and coins of the Central Bank of the Russian Federation with the image of the objects located on the Russian-occupied territory. This was reported by the press service of the NBU.

“The national Bank of Ukraine took this decision to protect the sovereignty and territorial integrity of Ukraine”, – stated in the message.

In particular, prohibited to carry out operations with Russian money, which depict maps, symbols, buildings, monuments, monuments of archeology, architecture, history, sightseeing and all other objects located on the occupied territory of Ukraine.

Financial institutions and PJSC “Ukrposhta” is prohibited in the exercise and payment of transfers to accept or give cash – Bank notes (banknotes) and coins of the Central Bank of the Russian Federation with the image of the objects in the occupied territory.

Russia annexed the Crimea and Sevastopol after the illegal referendum on 16 March 2014. The annexation of Crimea by Russia is not recognised by Ukraine and most countries of the world.

On 12 October the Central Bank put into circulation a new banknote denomination of 200 rubles, which depict the sights of Sevastopol annexed.

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