What is the threshold for receipts on the card so as not to attract the attention of financial monitoring?

From 2020, you can transfer only up to UAH 5,000 without identification.

However, all online payments are authorized. When issuing a card, the bank receives comprehensive information about each client. It is almost impossible to make an anonymous transaction using your card account.

State regulatory bodies pay attention to atypical cases, including:

• A large number of transfers to and from the card - more than 30 per day.

• Many counterparties, that is, participants in the interaction.

• Transactions with amounts greater than 400,000 hryvnias. The bank has the right to block the money until its origin is ascertained.

What are the limits for individuals?

Online limits are built into the operating systems of applications of various banks and universal payment services:

• At PrivatBank, you can transfer up to 29,999 hryvnias to the card of the same bank.

• Monobank does not limit mutual settlements between mono cards.

• Universal services limit a one-time amount to UAH 25,000, regardless of the banks that issued the means of payment.

• There are also daily and monthly limits. They are installed to prevent fraud. In 1 day, it is possible to transfer up to 110,000 hryvnias, divided up to 25 times. 100 transfers of up to UAH 220,000 per month are allowed.