KIEV, Sept, 5 – The National Bank of Ukraine, implementing its comprehensive program for the development of Ukraine's financial sector through 2020, has approved the procedure of the functioning of the BankID unified national system of electronic remote identification of individuals and legal entities, a posting on the NBU website reads.

The procedure was approved by NBU resolution No. 378 dated August 30, which comes into effect from September 3.

"The NBU has regulated interaction between banks, the BankID system, the NBU and entities providing administrative services, as well as determined the conditions and procedure of subscription to the BankID system.