{"id":16441,"date":"2024-08-27T17:01:50","date_gmt":"2024-08-27T14:01:50","guid":{"rendered":"https:\/\/forklog.com\/en\/ukraines-central-bank-sets-limits-on-p2p-transactions\/"},"modified":"2024-08-27T17:01:50","modified_gmt":"2024-08-27T14:01:50","slug":"ukraines-central-bank-sets-limits-on-p2p-transactions","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ukraines-central-bank-sets-limits-on-p2p-transactions\/","title":{"rendered":"Ukraine&#8217;s Central Bank Sets Limits on P2P Transactions"},"content":{"rendered":"<p>Starting October 1, the National Bank of Ukraine will impose <a href=\"https:\/\/bank.gov.ua\/ua\/news\/all\/timchasoviy-limit-na-sumu-perekaziv-z-karti-na-kartu-zapobigatime-vikoristannyu-platijnoyi-infrastrukturi-v-protipravnih-tsilyah-ta-ne-vpline-na-diyalnist-volonteriv\">restrictions<\/a> on outgoing P2P transfers between individuals for a six-month period.<\/p>\n<p>The limit is set at 150,000 hryvnias per month and applies to all accounts held by a client within a single bank.<\/p>\n<p>The restrictions do not apply to volunteers meeting the regulator&#8217;s criteria or to individuals whose monthly verified income exceeds the set limit.<\/p>\n<p>Additionally, the limits will not affect transfers between a client&#8217;s personal accounts within the same bank, IBAN transactions, or transactions between individuals and legal entities.<\/p>\n<p>The regulator cites combating &#8220;drops&#8221; as the reason for these measures.<\/p>\n<p>Previously, experts consulted by ForkLog indicated that limits on P2P operations could negatively impact Ukraine&#8217;s crypto market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Starting October 1, the National Bank of Ukraine will impose restrictions on outgoing P2P transfers between individuals for a six-month period. The limit is set at 150,000 hryvnias per month and applies to all accounts held by a client within a single bank. The restrictions do not apply to volunteers meeting the regulator&#8217;s criteria or [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1229,590,455,686,16],"class_list":["post-16441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-banks-and-fintech","tag-nbu","tag-p2p","tag-sanctions","tag-ukraine"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16441"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16441\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16440"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}