Economy 2024-08-15T04:39:36+03:00
Ukrainian news
Ukrainians abroad reduce spending on their bank cards by 7%

Ukrainians abroad reduce spending on their bank cards by 7%

NBU, currency, banks, migrants, hryvnia exchange rate, euro, Ukrainians, refugees, Ukrainians abroad, payment cards, Dollars, cashless transactions

Ukrainians abroad began to pay more by cards by 6.2%, but the amount of payments decreased by 7.2% in January-September of this year.

The NBU informed Ukrainian News Agency about this.

Thus, in January of this year, Ukrainians conducted 49.48 million non-cash transactions for the amount of UAH 41,594.66 million.

In February, the number of transactions decreased to 45.99 million, and the amount - to UAH 39,241 million.

At the same time, in March, the number and amount of transactions increased to 53.85 million and UAH 41,347 million, respectively.

Until September inclusively, the number of non-cash transactions ranged from 50 to 54 million, and the amount of these transactions ranged from UAH 37 to UAH 40.5 billion in equivalent.

Previously, the National Bank of Ukraine noted that during the third quarter of 2023, the return of migrants to Ukraine began, but it was less than expected.

According to the UN, the number of migrants outside Ukraine decreased to 6.2 million at the end of September 2023 (from 6.3 million in June 2023), and the State Border Guard Service reported the return of about 100,000 migrants during August.

The number of migrants may increase slightly by the end of the current year: due to the increased risks of attacks on the energy infrastructure, some citizens are likely to spend the heating season abroad.

As a result, according to estimates, the number of migrants at the end of 2023 will be greater than at the end of 2022 (by approximately 200,000 people).

As Ukrainian News Agency earlier reported, in July 2022, the National Bank reduced the monthly limit on transfers of citizens abroad from hryvnia payment cards of Ukrainian banks.

So, from July 21:

- citizens, as before, will be able to withdraw UAH 50,000 (in equivalent) per month from hryvnia payment cards abroad. At the same time, the limit for cash withdrawals from hryvnia payment cards abroad has been changed from monthly to weekly: UAH 12,500 (in equivalent) for seven calendar days;

- the monthly limit on P2P transfers of citizens abroad from hryvnia payment cards of Ukrainian banks was reduced from UAH 100,000 (in equivalent) to UAH 30,000 (in equivalent);
- a monthly limit was established for payments abroad using hryvnia payment cards in the amount of UAH 100,000 (in equivalent) from all client bank accounts opened in the national currency. This restriction will not be felt by the vast majority of citizens who are abroad.

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