Oschadbank Imposes New Daily Limits on Cash Withdrawals and Transfers.

Oschadbank's New Limits on Cash Withdrawals and Money Transfers

According to Novyny.live: Oschadbank has established new restrictions on cash withdrawals and money transfers, effective February 2026. Under the new rules, the daily cash withdrawal limit from cards via ATMs is set at 10,000 Ukrainian hryvnias (UAH). Customers requiring larger sums can contact the bank's hotline or configure options in the 'Oshchad 24' mobile app, which allows for withdrawals of up to 100,000 UAH per day.

It is also important to note that the maximum amount that can be withdrawn from a single card within a three-hour period is 25,000 UAH. These limits are being introduced to regulate client financial operations and ensure the stability of the financial system. These changes are part of a broader regulatory trend in Ukraine's banking sector aimed at enhancing security.

Restrictions on Money Transfers

Regarding transfers, the limit for transactions via the 'Oshchad24/7' portal or app during nighttime hours is no more than 10,000 UAH per transaction. For amounts exceeding 1,000 UAH, confirmation via SMS is required. These measures are also stipulated by Resolution No. 58 of the National Bank of Ukraine (NBU), which governs financial operations in the country.

The cash withdrawal limits at Oschadbank in February and the restrictions on money transfers are part of measures intended to increase financial security and control monetary flows. These changes may affect customer relationships with the bank and their financial habits. It is crucial for users to be aware of these new rules and plan their financial transactions in accordance with the new limits.

The implementation of these restrictions at Oschadbank reflects a general trend in Ukraine aimed at strengthening financial stability and controlling the flow of funds amid economic uncertainty. Similar measures may also influence consumer behavior, encouraging them to plan their financial operations more carefully. Customers should take these changes into account, as they could impact daily financial routines and interactions with banking services.