The NBU Fined “Ukrposhta” 2.5 million UAH: What’s the Reason?
23 June 18:39
The National Bank of Ukraine (NBU) fined JSC “Ukrposhta” 2.545 million UAH for violating legislation on payment services and consumer protection and issued a written warning to the company. The regulator announced this, according to "Komersant Ukrainian".
“The Committee on Supervision and Regulation of Banking Activities and Oversight of Payment Infrastructure adopted the relevant decisions on June 22 following the results of a scheduled inspection of Ukrposhta, which took place from November 2025 to January 2026,” the statement reads.
The fine was imposed for violations of the Law “On Payment Services,” the rules governing cash and payment transactions, the confidentiality and disclosure of payment service provider information, as well as the procedures for issuing and acquiring payment instruments.
Watch us on YouTube: important topics – without censorship
“Ukrposhta” must pay the fine within 14 calendar days from the date it is notified of the Committee’s decision.
“The written warning concerns, in particular, violations of requirements regarding regulatory capital, prudential standards, statistical reporting, authorization of activities, and the management system of the financial payment service provider,” the statement said.
The company is required to rectify the identified violations and take measures to prevent their recurrence by September 30, 2026.
As previously reported, on June 22, the National Bank determined that Ukrposhta CEO Ihor Smilianskyi did not meet the professional suitability requirements for the head of a financial payment services provider. Within five business days, the company’s governing body must remove him from management, and within two months, appoint a new head.
Earlier, in May, the regulator fined “Ukrposhta” 1.7 million UAH for the improper functioning of its corporate governance, internal control, and risk management systems.
Read us on Telegram: important topics – without censorship
