Bank Limits On Transfers

On 01 February 2025, restrictions on bank transfers and new rules for controlling banking transactions, established by the Memorandum on Transparency in Payment Services Market, signed by the country’s largest banks, became effective.

Note that the Memorandum established the following new limits on transfers for customers without income verification

• • for high-risk customers – up to UAH 50 thousand per month
  • for medium and low risk customers:
    • from 01 February 2025 – up to UAH 150 thousand per month
    • from 01 June 2025 – up to UAH 100 thousand per month.

The memorandum has already been signed by 23 Ukrainian banks and 2 financial companies (payment systems).

However, these limits do not apply to transactions of clients with confirmed sources of income (in particular, salary clients and other clients with confirmed income), as well as volunteers identified by the payment service provider in accordance with the requirements of NBU Board Resolution No. 18 dated 24 February 2022.

For more information on the memorandum, limits and new rules, please see our previous legal news release.