New Check Rounding Rules Take Effect in Ukraine: What Shoppers Need to Know.

New rounding rules for check amounts
New rounding rules for check amounts

Ukraine's Updated Cash Rounding Regulations

According to Novyny.live: Starting in June 2026, Ukraine introduced updated rules for rounding cash transactions, following the removal of 1, 2, 5, and 25 kopiyka coins from circulation. This change, mandated by the National Bank of Ukraine's Resolution No. 115 passed on September 8, 2025, aims to simplify cash handling. For English-speaking readers, this is part of a broader effort to modernize Ukraine's financial system and reduce reliance on small-denomination coins.

Under the new rules, totals on cash receipts will be rounded according to specific guidelines. Specifically:

  • Amounts from 1 to 24 kopiykas are rounded down to 0 kopiykas;
  • Amounts from 25 to 49 kopiykas are rounded up to 50 kopiykas;
  • Amounts from 51 to 74 kopiykas are rounded down to 50 kopiykas;
  • Amounts from 75 to 99 kopiykas are rounded up to 0 kopiykas.

These adjustments are designed to streamline cash payment processing for both consumers and businesses.

Phase-Out of Small Coins and Its Impact

Additionally, starting in October 2025, Ukraine began gradually withdrawing 10 kopiyka coins from circulation, further affecting cash transactions. The golden 1 hryvnia coins, first introduced in March 1997, are also being phased out. These measures are part of a broader initiative to modernize the country's financial system, aiming to simplify payment procedures for citizens and businesses alike.

The implementation of these rounding rules and the removal of small coins represent a significant step in Ukraine's financial system modernization. Not only will this reduce the costs associated with cash handling, but it will also ease the transaction process for consumers and businesses, especially as contactless and digital payments become more prevalent. These changes reflect Ukraine's efforts to adapt to current economic conditions and enhance its financial infrastructure.


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