The NBU explained in which cases a bank card can be blocked

Ukrainian banks have the right to stop the operations of their clients if large sums are received on their accounts that raise suspicions about the legality of the origin of the funds. This was reported by Kateryna Rozhkova, the first deputy head of the National Bank of Ukraine, in an interview with "We are Ukraine".

When can banks block transactions?

As Rozhkova noted, financial institutions require explanations and supporting documents in cases where:

  • Considerable funds are deposited into an individual's account, and the bank has no information about their origin.
  • The owner of the account does not work officially anywhere or receives a minimum wage.
  • Individuals use their accounts instead of sole proprietorship accounts to avoid additional taxes.

"Often, entrepreneurs try to save money by using personal accounts for business operations. This creates a situation where the bank does not understand where the money is coming from. In such cases, the operations may be stopped until the supporting documents are provided," Rozhkova said.

Kateryna Rozhkova emphasized that similar situations arise due to the desire of businessmen to minimize costs and maximize profits. At the same time, the state seeks to ensure the payment of taxes.

"This is an ongoing life story that looks like a search for justice. But, in my opinion, the current conditions are not the best for such searches," she emphasized.

Are cards blocked for frequent cash withdrawals?

Recently, there have been rumors that banks can block the cards of Ukrainians for frequent cash withdrawals, especially if it happens more than three times a month or for large amounts. However, the National Bank of Ukraine officially denied this information.

"The NBU has not introduced and does not plan to introduce restrictions on frequent cash withdrawals from bank cards," the regulator said in a statement.

What should you pay attention to?

Ukrainians are recommended to:

  • Use separate accounts for business operations.
  • Maintain the transparency of your financial transactions.
  • Keep documents that confirm the legality of income.

In case of suspension of operations or blocking of the account, it is important to promptly provide the necessary confirmations to the bank. This will avoid further problems and quickly restore access to finances.

spot_imgspot_imgspot_imgspot_img

popular

Share this post:

More like this
HERE

Ukrainian singer Olya Polyakova revealed that her son-in-law works three jobs and comes from a famous family

Olya Polyakova shared details about the life of her son-in-law –...

Vitamins can be harmful to health: nutritionists warn about overdose

Despite the growing popularity of vitamin supplements, not all of them are safe....

A lawsuit was filed against Domino owner Anton Shukhnin for misappropriation of the Stefano Ricci brand

Lawyers for the famous Italian luxury lifestyle brand Stefano Ricci,...

The estate of UCP employee Dmitry Petrov is being sold for $1.1 million

Dmytro Petrov, an employee of the Prosecutor General's Office, who previously hid his...

Debts and treason: the property of Dniprometalservicegroup LLC is blocked

The investigating judge of the Pechersk District Court of Kyiv issued a ruling on...

BEB exposed the smuggling of electronic cigarettes in the company of the assistant of the People's Deputy Kostyukh

The Bureau of Economic Security conducted an investigation against the company "Tysa...

Judge of the Odessa OAS lives in an elite residential complex and receives significant cash gifts from his mother

Judge of the Odessa District Administrative Court Lyubov Tokmilova purchased a luxurious...

iPhone users complain of battery overheating after iOS 26 update

iPhone users are complaining about battery problems en masse after...