Banks strengthen control over transfers: safe amounts and risks of blocking.

According to inkorr.com: In Ukraine, financial organizations are strengthening control over card-to-card transfers to prevent fraud and money laundering. It is important for citizens to familiarize themselves with transaction limits to avoid checks or account blocking. This was reported by

lawyer Bohdan Yankiv

What amounts of card-to-card transfers do not attract the attention of banks

As the lawyer notes, transfers up to 30 thousand hryvnias per month usually do not raise questions for banks and are considered safe. However, transactions between 30-400 thousand hryvnias can attract the attention of financial institutions, especially if they do not correspond to the usual activity of the user. In such cases, the bank may require additional explanations or documents.

Transactions exceeding 400 thousand hryvnias per month automatically fall under mandatory financial monitoring. Without confirmation of the source of funds, the account may be frozen.

Who is most at risk of falling under the bank's financial monitoring

In addition to the amount of transfers, banks also pay attention to certain categories of clients and types of activities. The following categories are put under close scrutiny:

• Legal entities registered less than a year ago.
• Companies in the field of gambling, entertainment, or cash collection.
• Realtors and sellers of precious metals.
• Providers of investment services.
• Firms related to pharmaceuticals, energy, mining, or government tenders.

"If your transfers look atypical, the bank has the right to request documents. Without them, the account may be blocked,"

To avoid problems, experts advise keeping documents that confirm sources of income, such as salary certificates, contracts, or tax declarations. It is also important to avoid frequent small transfers of large amounts, which may appear suspicious.

Given the current changes in the control of bank transfers, citizens are advised to be cautious and carefully check their financial operations. This will help avoid misunderstandings with banks and safeguard their funds. In the future, it is worth keeping an eye on news in this area, as rules may change.