Card blocks in April: what amounts and transfers will the bank ask about
This is reported by Novosti.LIVE
Threshold amounts: when to expect a request?
In April, banks are focusing on two key limits on total monthly transfers:
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400,000 UAH: Mandatory verification by law. The account holder is required to provide documents confirming the source of funds.
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From 30,000 to 400,000 UAH: ‘Medium risk’ zone. Monitoring is triggered if transactions are atypical for your customer profile.
7 signs of a ‘suspicious’ transaction:
Even for small amounts, the bank will require proof of income in the following cases:
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Splitting of transactions: A series of small transfers instead of one large one.
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Abnormal growth: A sharp increase in turnover over a week or a month.
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Unusual recipients: Regular payments to various individuals without a specified purpose.
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Crypto activity: Transactions related to trading in digital assets.
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Lack of purpose: Money is received without a clear payment reference.
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Trading without a sole trader: Signs of conducting business activities via a personal card.
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Account transfers: Use of the card by third parties.
What documents will save the account?
If monitoring has blocked a transaction, prepare:
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Pay slips or statements from a business account.
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Tax return showing paid taxes.
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Contracts for the sale or gift of property.
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Documents confirming receipt of an inheritance or a prize.
Important: Everyday purchases, utility bills, mobile phone charges and tuition fees are not subject to scrutiny by tax or banking financial monitoring authorities.
