Remittances: Ukraine
The question
To ask the Chancellor of the Exchequer, whether her Department has plans to improve the process for sending remittances to Ukraine.
Answered by Emma Reynolds
His Majesty’s Government has no legislation which blocks the process for sending remittances to Ukraine. How remittances are sent to Ukraine is determined by individual UK banks.
We appreciate the hardships citizens face as a result of the ongoing conflict and note that increasing financial regulation from the National Bank of Ukraine has made it difficult to provide remittances to the people of Ukraine, including via UK banks.
The UK continues to reaffirm its unwavering support to Ukraine. The UK has committed £12.8bn in military, humanitarian and economic support to Ukraine since February 2022. The UK will continue to honour the PM’s commitment on 10 July 2024 which provides Ukraine with £3bn of military support per annum until 2030/31 or for as long as needed.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →