BOE-A-2026-7293 ·31 March 2026 ·acuerdo Low impact
Tax

Spanish experts in Ukraine cooperation projects: right to open personal bank accounts and transfer foreign currency

The Agreement between Spain and Ukraine establishes the framework for implementing technical and financial assistance programmes in Ukrainian territory (Art. I.2). The agreement allows for the provisional application of these rules from 18 March 2026 (Art. VI.2). Its scope includes knowledge transfer, training, and the supply of equipment, as well as grants for goods and services (Art. I.2).

In 3 key points

  1. Provisional application from 18 March 2026, Art. VI.2 (art. VI.2)
  2. Right of Spanish experts to open personal bank accounts and transfer balances into euros, Art. II (art. II)
  3. The agreement has an indefinite duration, Art. VI.1 (art. VI.1)

How it affects those involved

For Spanish experts assigned to cooperation projects in Ukraine (who are neither citizens nor permanent residents of Ukraine), the agreement guarantees the right to open and operate personal bank accounts in Ukraine, with the possibility of transferring balances into euros or convertible currencies (Art. II). Spanish public institutions and third parties (international or non-profit organisations) executing projects funded by Spain must follow the simplified legal procedures established herein (Art. I.1 and I.2).

Lifecycle

2026-03-31PublishedPublished in the BOE
2026-03-18Into forceComes into force (art. VI.2)
Official text Based on BOE data (boe.es). Information, not advice.
PDF on boe.es

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This analysis is informational only and does not constitute legal advice or create a client-adviser relationship. BM Consulting.
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