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Sberbank Ukrainian subsidiary limits cash withdrawals, imposes 5% fees
Journal Staff Report

KIEV, March 15 - The Ukrainian subsidiary of leading Russian lender Sberbank lowered limits on cash withdrawals at the bank and its ATMs and imposed a 5% commission on money transfers in foreign currency as of March 15, saying this was a forced measure due to pressure put on the bank.

"Due to the unlawful actions of third parties blocking the head office and physical harm done to the bank's bank machines, which have led to the disruption of cash deliveries to branches/bank machines, we announce the imposition of temporary limits on cash withdrawals from the current accounts of individuals through the bank's cash department in the amount of UAH30,000 (equivalent in other currencies) per day per client as of March 15, 2017," the bank said in a statement released on Tuesday.




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USD 26.03 26.03
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