Starting this month, the bank regulator (NBU) has imposed a limit of UAH 150,000 on funds transfers between individuals.
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As reported by NBN with reference to information posted on the official Telegram channel of the state financial institution PrivatBank, certain categories of Ukrainians are allowed to make transactions (p2p or “card to card”) without any restrictions.
In particular, the above-described restrictions of 150,000 hryvnia do not apply to the transfer of funds between the client's own accounts/deposits opened in one specific bank, as well as transfers of legal entities. In addition, transactions made using IBAN details are also not subject to banking restrictions.
In addition to all of the above, since October, card transfers will not be limited:
- to volunteers registered with PrivatBank;
- to clients who have confirmed their sources of income.
Earlier, our information portal wrote about the NBU answering whether the October tax increase would affect prices in Ukraine.