Limited sum of cash payments do not necessarily require opening the bank account by a buyer, deputy governor of the National Bank of Ukraine Vira Rychakovska told a briefing, ForUm correspondent reports.

"At the initial stage, a buyer may deposit the bank account or the account of a notary officer," the deputy chairman of the NBU said.

However, she stressed that a seller must have his account in the bank, and he will receive money only in a non-cash form.

According to Rychakovska, the NBU also offers four other options to settle accounts at the amount of 150 thousand UAH.

"First of all, it is direct transfer between two clients," she said, adding that in this case, a buyer and a seller must have open bank accounts.

"The second tool is the use of conditional deposits," she said. 

In addition, the NBU deputy chairman said that the Ukrainians will be able to settle accounts by means of accounts and deposits of notaries.

She also stressed that another instrument proposed by the NBU is letters of credit to individuals.

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