Banking secrecy: What Ukrainians face when they open the 'National Cashback' card.
Ukrainians can get bonuses for buying domestic goods through the 'National Cashback' card. According to the newspaper 'Slovo i Sprava', you can receive 'one thousand Zelensky' on this card since December. However, to get bonuses, you need to agree to the disclosure of financial transactions and provide payment information, which can raise concerns.
To participate in the cashback program, you need to open a special account at a bank and agree to the transfer of information about transactions from purchase cards. The Ministry of Economy believes that this does not violate banking secrecy, as the information is only used for crediting cashback and is not stored or disclosed.
The terms of the contract for maintaining the 'National Cashback' can be requested at PrivatBank. According to the contract, the bank opens a special account and provides a card to receive financial support for the purchase of domestic goods. The contract terms may change, but the bank is obligated to inform the customer at least 30 days before the date of the changes. The customer has the right to refuse changes and terminate the contract without any cost.
Read also
- The Pension Fund of Ukraine clarified the rules for counting double pension service for medical workers
- Oschadbank urgently addressed pensioners: how to avoid losing payments
- Changes to the operation rules of apartment buildings in Ukraine: Popenko explained why the 'reform' is doomed to fail
- Pension reform: who will lose and who will win from the new bill
- How to Deposit Money on a Card
- How to Terminate a Vehicle Purchase Agreement