The National Bank of Ukraine (NBU) has denied rumors that banks have allegedly started fining their clients for violations in the field of financial monitoring. Information about the possibility of imposing fines in the amount of 20% of the amount of funds in bank accounts is not true. This is stated in the official press service of the NBU.
Recently, reports appeared on the Internet that banks in Ukraine seem to have started imposing fines on customers who violate the rules of financial monitoring. In particular, it was about the possible collection of 20% of the amount on clients' accounts. However, the National Bank categorically denied such statements, stressing that current legislation does not provide for any financial sanctions on the part of banks against violators of financial monitoring.
The press service of the NBU emphasized that the legislation of Ukraine clearly regulates that banks do not have the right to apply fines to citizens for violations in the field of financial monitoring. At the same time, according to the law, banks have the right and are obliged to stop servicing the client, including closing his accounts, in the cases provided for by law.
In cases of termination of cooperation with the client due to violation of financial monitoring rules, banks are obliged to return funds to the client. This can be done both through the issuance of cash and by transfer to another account specified by the client. At the same time, the bank has the right to charge a standard fee for such an operation.
The National Bank of Ukraine also does not apply any fines to citizens for violations in the field of financial monitoring. All measures of influence by the NBU are aimed exclusively at financial institutions, not at individuals.
