Oschadbank Imposes New Transaction and Cash Withdrawal Limits for Clients.
New Financial Operation Restrictions at Oschadbank
According to Novyny.live: In March 2026, Oschadbank introduced new limits on financial transactions, including transfers and cash withdrawals, as part of enhanced security measures. These steps are designed to protect customers and reduce the risk of fraud.
Specific Limits on Transfers and Cash Withdrawals
Transfer restrictions at Oschadbank stipulate that the total amount sent via the mobile app and Oschad24/7 portal cannot exceed 10,000 hryvnias during nighttime hours. Furthermore, the limit for topping up an account via the Mobile Oschad app without additional confirmation is 1,000 hryvnias.
What other limits has Oschadbank implemented?
- The maximum daily cash withdrawal limit from cards via ATMs is set at 10,000 hryvnias.
- Clients can increase this daily limit to 100,000 hryvnias by adjusting their settings in the Oschad24 app or by contacting the bank's hotline.
- A maximum of 25,000 hryvnias can be withdrawn from a single card within any three-hour period.
These restrictions form a key part of Oschadbank's broader strategy to improve the security of financial operations and safeguard client funds. Such measures are increasingly common among financial institutions globally as digital banking expands.
The implementation of these financial operation limits at Oschadbank underscores the critical importance of security in an environment of growing fraud risks.
Bank customers retain the ability to customize their personal limits, allowing them to maintain control over their finances. These proactive security measures may help bolster confidence in Ukraine's banking services, particularly during periods of economic uncertainty.
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