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Banks of Ukraine – Ukrainian banks will strengthen financial monitoring for transactions worth more than 100 thousand hryvnia – UNIAN
Financial institutions may sign a joint memorandum on unifying approaches to financial monitoring next week.
As early as next week, Ukrainian banks plan to sign a joint memorandum that introduces unified market practices and approaches to due diligence of clients and monitoring of financial transactions on client accounts. Interfax-Ukraine reports this with reference to market participants.
According to them, it is predicted that the document will provide for a gradual reduction in the monthly transaction limit, after exceeding which, in the absence of confirmed income, enhanced financial monitoring will be carried out.
“First, a limit of 150 thousand UAH per month may be introduced from January 1, 2025, and from July 1 it will be reduced…
