NBU Extends Deadline for Export Payments for Agricultural Machinery to 270 Days
The National Bank of Ukraine (NBU) has made a decision to extend the deadlines for payments related to certain export operations concerning agricultural and specialized machinery. The relevant changes have been implemented based on the order of the Cabinet of Ministers of Ukraine dated June 21, 2024, No. 573-r, which provides for the adjustment of the previous order dated February 13, 2019, No. 76.
This is reported by AgroReview
New Conditions for Machinery Exporters
From now on, for exporters of agricultural and specialized machinery conducting operations from March 1, 2026, the NBU increases the maximum payment deadline from 180 to 270 days. This decision applies to goods classified under the following codes according to the UKTZED: 8424, 8428, 8432, 8716. These measures were taken following consultations with the Ministry of Economy, Environment, and Agriculture.
“Considering the results of consultations with the Ministry of Economy, Environment, and Agriculture, the NBU is extending the payment deadlines for export operations of agricultural and specialized machinery from 180 to 270 days for transactions conducted from March 1, 2026. This applies to goods classified under the following codes according to the UKTZED: 8424, 8428, 8432, 8716.”
Expected Impact of the Changes
According to the financial regulator, the extension of payment deadlines is expected to positively impact the export sector of machinery manufacturing. In particular, an increase in the volume of exports of agricultural and specialized machinery, growth in production, and investments in machinery enterprises are anticipated. Additionally, the changes will contribute to the preservation of labor potential, the creation of new jobs, and the expansion of sales markets, which, in turn, will allow for an increase in foreign currency earnings in Ukraine.
The relevant changes were approved by the NBU Board resolution dated February 26, 2026, No. 18, which amends the resolution of the National Bank of Ukraine Board dated May 14, 2019, No. 67. The new rules came into effect on February 28, 2026.