PrivatBank to Raise Fees on International Transfers Starting April 2026.

PrivatBank Adjusts Pricing for Cross-Border Money Transfers

According to Novyny.live: Starting in April 2026, PrivatBank customers will face higher costs when sending or receiving international transfers using Mastercard cards. This change follows the expiration of a promotional discount period that had been in effect since mid-2022. For users who frequently move money across borders, this shift marks a significant reversal from the reduced rates that were previously introduced.

To recap: in the summer of 2022, the fee for receiving money from a foreign Mastercard to a PrivatBank Mastercard was cut from 1.5% to 1%. Similarly, the charge for sending funds from a PrivatBank foreign-currency Mastercard to an overseas Mastercard was lowered from 2% to 1%. However, this special offer is set to end on March 31, 2026, meaning customers will soon see their transaction costs go back up.

Transfer Limits and Restricted Countries

Regarding transfer limits, the following rules apply:

• Minimum transfer amount: 10 USD (or equivalent);
• Maximum single transfer: 29,900 UAH (or equivalent);
• Monthly cap on transfers to foreign Mastercard cards: 100,000 UAH (or equivalent) per customer;
• For domestic transfers, the maximum amount received is 1,000,000 UAH, with no more than 350 individual credits per card;
• Maximum amount sent: up to 100,000 UAH, with a limit of 200 transfers total across all cards belonging to one customer.

It is also important to note that transfers are prohibited from a number of countries, including:

• Canada;
• United States;
• Japan;
• India;
• Syria;
• Sudan;
• South Sudan;
• Iran;
• Iraq;
• Cuba;
• North Korea;
• Nicaragua;
• Russia;
• Belarus;
• Afghanistan;
• Venezuela;
• Congo;
• Yemen;
• Zimbabwe;
• Libya;
• Somalia.

As a result, PrivatBank clients should prepare for the upcoming tariff adjustments that take effect in April 2026, which could influence their financial planning. The fee increase may discourage some international transactions, prompting users to explore alternative transfer methods. This development also highlights the need for consumers who regularly engage with global financial systems to stay informed about their bank’s pricing policies.