More than 20 other banks have supported reducing transfer limits

Another 23 banks and two financial institutions have joined the memorandum, which limits card transfers and strengthens financial monitoring. This was reported by the press service of the Association of Ukrainian Banks on Wednesday, December 18.

The day before, representatives of financial institutions held a meeting, where they noted the need to unite the efforts of the banking sector to effectively fight financial crimes.

During the meeting, participants noted the importance of self-regulation of the banking sector, emphasizing that “the memorandum is an effective tool for establishing uniform standards of transparency and responsibility.”

The memorandum was supported by:

We remind you that last week the largest banks in Ukraine signed a memorandum providing for strengthening financial monitoring and new restrictions on card transfers.

From February 1, 2025, for all clients without a confirmed source of income, a limit on card transfers in the amount of 150 thousand hryvnias per month will be applied. From June 1, this limit will be reduced to 100 thousand hryvnias.

In September, the National Bank limited the use of cards abroad. Restrictions apply to real estate transactions, as well as to the purchase of watches and jewelry.