Payment threshold is 150 thousand UAH
Cash payments between individuals under contracts of sale to be notarized are subject to limitation of 150 thousand UAH, according to the message of the Main Department of the Ministry of Revenues in Ternopil region.
Restrictions are imposed under paragraph 1 of the Resolution of the National Bank of 06.06.2013, № 210 «On the establishment of threshold on cash transactions».
Yet if cash payments between individuals are made under contracts of sale that are not notarized, 150 000 UAH threshold does not apply.
