Banks in Ukraine Reduce Transfer Limits for Citizens

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Banks in Ukraine Reduce Transfer Limits for Citizens

As part of new financial initiatives, banks in Ukraine have decided to lower the transfer limits for individuals. PrivatBank has already begun informing clients about the changes through alerts in the mobile app “Privat24.”

This is reported by Finway

Changes to Transfer Limits

Starting from June 1, 2025, the maximum amount for transfers between individual accounts within Ukraine will be reduced from 150,000 to 100,000 hryvnias. The new limit applies not only to transfers made by card number or phone number but also to those executed using IBAN details.

“From June 1, the maximum amount for transfers between individual accounts within Ukraine is reduced from 150,000 to 100,000 UAH. The limit includes not only transfers by card number or phone number but also those made using IBAN details,” the bank stated.

Exceptions to the Limits

This limit does not apply to cash withdrawals, payments for goods and services, utility payments, transfers between personal accounts, bond purchases, and payments to legal entity accounts.

If clients need to make a transfer exceeding the established limit, the bank requires documentation that verifies income or participation in volunteer activities.