NBU improves BankID system

02 January 2020, 18:50 | Finance and Banking
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Banks will receive a financial incentive to join the National Bank of Ukraine BankID System. This was reported by the NBU press service..

For further development and widespread use of BankID, the National Bank proposes to update regulations governing the activities of this system.. In particular, the National Bank proposes to determine the general principles of the commercial model of the system’s functioning.; enter calculations between subscribers during its use; improve the use of this system and t.

The NBU notes that the commercial use model of the BankID System of the NBU will enable banks to monetize data transfer in favor of subscribers providing remote services. At the same time, admin services will remain free.



Such norms are contained in the draft NBU resolution “On approval of the Regulation on the BankID System of the National Bank of Ukraine”, which the regulator proposes for public discussion.

The draft resolution also proposes to invalidate the decision of the National Bank of 30. 08. 16 g. No378 " 10. 18 No105 "

At the NBU, comments and suggestions on the draft resolution are accepted until February 2, 2020. It is reported by LIGABusinessInform.




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