The topic of cross-border movement of currency values from Ukraine remains relevant for many citizens. It raises numerous questions, especially regarding declaration rules, required documents, and penalties. In this article, we will cover the main aspects of this process and provide information about modern financial services that simplify money management abroad.
Cash Currency Movement
What do you need to know?
According to Article 57 of the Customs Code of Ukraine, currency values are treated as goods. Therefore, their movement is regulated by the same rules as for other goods.
Non-declared Amounts
You can freely carry up to 10,000 euros in equivalent without written declaration. If the amount exceeds this limit, it must be declared with the appropriate documents.
Documents for Declaration
If you are carrying an amount exceeding 10,000 euros, you must provide:
- A passport or other identification document;
- Documents confirming withdrawal of funds from a bank account;
- Receipts for currency exchange transactions;
- Documents for the purchase of bank metals (if applicable).
Penalties for Violations
Failure to declare currency values may result in a fine of 20% of the amount exceeding the allowed limit.
Exceptions to the Rules
In certain cases, such as moving to a permanent residence abroad or inheritance, additional documents may not be required. In such situations, it is important to prepare supporting documents in advance.
Non-Cash Currency Movement
Modern technologies make financial management easier. For example, Rebell Pay offers secure and convenient ways to transfer funds non-cash between Ukraine and Europe.
Transfer Options:
Transfer from a UAH card to a currency card (PLN or EUR).
You can transfer funds from a UAH card to a European bank card via a P2P transfer in the Rebell Pay app.Accounts for freelancers and entrepreneurs.
Rebell Pay also offers accounts for sole proprietors, allowing them to work with European clients, accept payments, and withdraw funds in euros.
How does Rebell Pay help with financial management?
Rebell Pay provides Ukrainians in Europe with a wide range of services:
- Opening European accounts. This is especially useful for those facing difficulties when opening bank accounts abroad.
- Virtual cards. A convenient tool for making payments and adding to Apple Pay and Google Pay.
- P2P transfers. Instant transfers between cards in Ukraine and Europe.
- Cryptocurrency exchange to euros. A secure way to convert digital assets into fiat currency.
Why choose Rebell Pay?
- Simplicity. An intuitive interface and minimal documents required for registration.
- Speed. Instant card-to-card transfers and quick crediting of SWIFT payments.
- Security. High standards for data and financial protection.
Moving currency values abroad can be simpler with the right tools and knowledge. Choose modern services like Rebell Pay to manage your finances conveniently and securely.