Some Ukrainians will have their limits on money transfers reduced by banks in 2025: who is at risk.

Banks are introducing restrictions on money transfers

The largest banks in Ukraine have discussed and signed a memorandum that will establish limits on money transfers for individuals. Starting from February 1, 2025, the limit will be 150,000 hryvnias per month, and from June 1, it will decrease to 100,000 hryvnias. For clients without confirmed income, the limit will automatically be set at 50,000 hryvnias. However, by providing documentary evidence of the origin of the funds, the limit can be increased.

The memorandum was initially signed by four largest banks in Ukraine - PrivatBank, Raiffeisen Bank, Oschadbank, and Universal Bank (Monobank), after which another 23 banks and 2 financial companies joined it. These banks hold about 65% of Ukrainians' funds.

Clients will be classified by risk levels. Recipients of official incomes, such as salaries, pensions, and social payments, will be considered low-risk clients. Special attention will be paid to transactions made at night. There are plans to create a single register of high-risk clients, to which all the banks participating in the memorandum will have access by the end of December.