Ukraine Lowers Limits on Money Transfers: What You Need to Know

Ukraine to Implement New Limits on Money Transfers Starting June 1st, 2025, Ukrainian citizens will face new restrictions on money transfers. The National Bank of Ukraine has announced a reduction in the limit for card-to-card transfers for individuals deemed low or medium risk. This change will affect many Ukrainians, particularly those without readily available documentation to verify their transactions. "For clients with average and low risk, and without documentary confirmation, the limit will be reduced from 150,000 to 100,000 hryvnias per month," stated a recent news report. This reduction is expected to impact personal finance and potentially increase the burden on those sending money to support loved ones or for other financial needs. The reasons behind this decision remain unclear, but it is likely a measure to combat financial crime and strengthen regulatory controls. The change has sparked concern among some citizens, who worry about the impact on their daily lives. The government has yet to release an official statement providing further clarification on the matter. Further updates will be provided as they become available.