The NBU has simplified the process of making payments via open banking: what has changed
3 April 13:04
The National Bank of Ukraine has simplified the requirements for preparing payment instructions within the framework of open banking. The regulator has reduced the list of mandatory details for payment service providers (PISPs) initiating payments. The NBU approved the relevant changes via Resolution No. 32 dated March 31, 2026, and they will take effect on April 3, 2026, according to "Komersant Ukrainian"
These are amendments to the Regulation on Open Banking in Ukraine, which was previously approved by NBU Resolution No. 80 dated July 25, 2025. This regulation defines the basic rules for open banking in Ukraine.
What exactly has the NBU simplified?
The main change is that PISPs are no longer required to fill in the “name of the recipient’s payment service provider” field. The regulator has transferred this function to the ASPSP—the account servicing payment service provider.
At the same time, the NBU emphasizes that the completeness of the payment instruction remains unchanged: all mandatory details must still be formatted in accordance with the Instruction on Non-Cash Settlements.
In simple terms, this means that for services that initiate payments on behalf of the user, there is less technical work involved in generating the instruction. Some of the data must now be retrieved or generated by the provider servicing the account. This should make the payment initiation process less cumbersome for the market.
What is open banking, and who are PISPs and ASPSPs
The NBU defines open banking as a secure and structured exchange of data between account-servicing payment service providers and third-party providers via specialized APIs. This exchange takes place with the user’s consent. Within this model, PISPs are providers of payment initiation services, and ASPSPs are providers that manage the user’s account.
In other words, this is not merely a technical amendment to the resolution, but a revision of the rules governing interactions among various participants in the payment market. For users, this may seem insignificant, but for the companies themselves, it represents a significant change in their daily operational processes.
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Why did the NBU do this?
The National Bank explained that the update is aimed at simplifying the use of open banking and reducing the technical burden on payment market participants. In other words, the goal is not to change the nature of the payment, but to make its processing simpler for companies that handle payment initiation.
This fits well with the NBU’s broader strategy for developing digital payment infrastructure. Back in July 2025, when the regulator approved the Open Banking Regulations, it explicitly emphasized that this mechanism is part of implementing a modern model of an open financial ecosystem in Ukraine.
Why this change is important
At first glance, this concerns only a single field. But for the payment services market, it is significant because any reduction in mandatory fields and manual or technical checks reduces the complexity of integrations and potentially speeds up the payment initiation process itself. This does not mean the elimination of controls or a relaxation of security requirements, as the NBU specifically emphasized that the completeness of the payment instruction remains intact. This is a reasonable conclusion drawn from the text of the changes published by the regulator.
For businesses, this change means fewer technical steps on the PISP side, and for the market as a whole—another step toward a more practical launch of open banking in Ukraine. It is particularly important that this decision is not postponed to the future but takes effect as early as April 3, 2026.
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