Hidden Fees Hit Ukrainians Withdrawing Cash from Polish Bank Cards.

Cash Withdrawal Issues from Polish Cards in Ukraine

According to Novyny.live: Ukrainians withdrawing cash from Polish-issued bank cards within Ukraine are running into multiple unexpected costs. Both Polish banks and local ATMs charge fees, and currency conversion adds another layer of expense. Depending on the ATM and card chosen, the final amount received in hryvnia can be far lower than anticipated.

Using Visa and Mastercard Cards

Visa and Mastercard cards from Polish banks are accepted by most Ukrainian ATMs. For example, cash can be obtained through networks including:

• PrivatBank
• Oschadbank
• Raiffeisen Bank
• Kredobank

However, Polish banks impose daily limits on foreign transactions, ranging from 2,000 to 10,000 zloty. In Ukraine, cash withdrawal caps reach up to 100,000 hryvnia per day from a single account.

Users of Polish cards should also anticipate extra charges. Withdrawing cash may incur fees from the Polish bank, the Ukrainian ATM operator, and currency conversion costs—all of which can significantly reduce the final amount received. To minimize expenses, experts recommend choosing to receive funds in hryvnia, as this avoids additional conversion fees.

Cards accepted in Ukraine include those from:

• PKO BP
• Santander
• Pekao
• mBank
• Millennium

Despite the wide range of options, Ukrainians must exercise caution when using these cards to prevent unexpected financial losses.

Given the current climate, it is essential for Ukrainians using Polish bank cards to stay informed about potential costs and restrictions that could affect their financial transactions in Ukraine. This issue is especially relevant as more Ukrainian citizens travel or work abroad. Since bank policies and currency regulations can shift, users should keep up with the latest news and advice from financial experts.