NBU to introduce new limits on transfers: how much can be transferred from February 1.

From February 1, 2025, new rules for bank transfers will come into effect in Ukraine. These rules will establish limits of up to 150 thousand UAH per month. This decision is part of an initiative to create a transparent market for banking payment services.

The Head of the National Bank of Ukraine, Andriy Pyshny, emphasized that the changes will not affect the majority of citizens: 'If you work officially, receive an official salary, or can document your income or assets, nothing will change for you.' The new restrictions will only apply to clients who have not provided documentary confirmation of their income, especially those identified by banks as 'high-risk.' It is estimated that such clients make up no more than 1% of the total client base.

A memorandum signed by leading banks in Ukraine on December 10, 2024, establishes a different approach to clients based on their risk profile.

For clients with a 'high' risk level who do not have documentary confirmation of income, a limit of 50 thousand UAH per month will be established. For clients with 'medium' and 'low' risk levels, the limit will be 150 thousand UAH per month from February 1, 2025, and will be reduced to 100 thousand UAH from June 1, 2025.

Documentary confirmation of income may include:

• OK5 and OK7 certificates;
• tax declarations;
• salary statements;
• confirmation of deposits from government authorities;
• other documents certifying the legality of the received funds.

It is important to note that banks will also accept documents in electronic form.

To enhance the security of financial operations, banks will implement 24/7 automated anti-fraud rules and pay special attention to operations at night. There will also be restrictions on the number of accounts in one currency – no more than three for clients without documentary sources of income.

Specific provisions apply to individual entrepreneurs, especially newly established FOPs and those belonging to groups of related companies. They will undergo in-depth examination of business activities and enhanced monitoring of operations according to average monthly income.