Oschadbank changes limits in Oschad24: new restrictions for transfers.

According to information from the bank's press service, Oschadbank has clear restrictions for financial operations through the mobile app 'Oschad24/7'. These restrictions have been reviewed and adjusted this year to protect clients from fraudsters.

Restrictions for fund security

According to inkorr.com: Oschadbank has introduced several types of restrictions to ensure reliable protection of its clients' funds. Firstly, nighttime limits are set at 10,000 hryvnias. This decision aims to prevent financial operations at night when the activity of fraudsters increases. In addition, the daily restrictions for transfers without SMS confirmation have been reviewed, which became necessary after numerous cases of fraud. Clients can also set individual limits.

Procedure for transferring funds via the app

To make transfers to other banks, it is necessary to:

• Open the 'Transfers' section
• Select 'To another bank card'
• Specify the card for withdrawal
• Enter the recipient's details and amount
• Agree to the commission
• Click 'Continue'
• Specify the code from SMS/Face ID/Touch ID.

Changes in transfer limits in the mobile app 'Oschad24/7' make using the bank's services more convenient and secure. The new restrictions are designed to reduce the risks of fraud and strengthen the protection of financial operations for clients.