NBU Proposes Changes to Cash Operations Rules for Banks Due to Introduction of 2000 UAH Banknote
The National Bank of Ukraine (NBU) is preparing changes to the procedure for organizing cash operations of banks in connection with the introduction of a new banknote with a denomination of 2000 hryvnias, which will be put into circulation on September 4, 2026. The regulator proposes to add the new denomination to the list of hryvnia banknotes and to clarify the characteristics of packaging materials for the 2000 hryvnia banknotes. The draft resolution "On Approval of Amendments to the Instruction on the Procedure for Organizing Cash Operations by Banks and Conducting Payment Transactions by Payment Service Providers in Ukraine" has been submitted for discussion, and comments and suggestions are accepted until September 4 of this year. The front side of the new banknote will feature a portrait of Ukrainian poet Vasyl Stus, while the reverse side will depict the building of the Philological Faculty of Donetsk National University. The banknote contains more than 20 security features. The NBU asserts that the introduction of the 2000 UAH banknote will not increase the amount of money in the economy and will not affect inflation, but is related to the growth of the economy, wages, prices, and cash in circulation.
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