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Accounting of accounts and electronic wallets. Changes from August 1

Accounting of accounts and electronic wallets. Changes from August 1

From August 1, banks, other financial institutions, non-bank payment service providers, issuers of electronic money must send a notification to the supervisory body about the opening and closing of accounts/e-wallets of taxpayers on the day of opening/closing of the account/e-wallet.

No later than September 1, they need to send a notification to the supervisory authorities about the opening/closing of all accounts/e-wallets opened/closed to taxpayers in the period from the beginning of martial law to August 1, 2023.

If, after September 1, 2023, the above-mentioned institutions do not have confirmation of taking account/e-wallet for registration with the supervisory authority, it is considered that such institution has started spending operations on the account/e-wallet of the taxpayer before receiving a notification from the relevant supervisory authority about taking account/e-wallet wallet for registration with regulatory authorities.

Expenditure transactions on the taxpayer’s account/electronic wallet before receiving a notification from the relevant supervisory authority about taking the account into account with the supervisory authorities – entails the imposition of a fine on such an institution in the amount of 10% of the sum of all transactions for the entire period before receiving such notification, carried out with using such accounts, but not less than 1,700 hryvnias.

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