Ukrainian banks signed a Memorandum on ensuring market transparency on December 10. The memorandum was signed by the National Bank, the Association of Ukrainian Banks (AUB), the Independent Association of Banks (NABU), and four large issuing banks: JSC Oschadbank, JSC Raiffeisen Bank, JSC KB PrivatBank, and JSC Universal Bank (monobank).

They account for about 65% of the population's money and about 88% of active payment cards. Other Ukrainian banks also want to join this memorandum.

Its main goal is to reduce the shadow economy and combat money laundering and drop schemes.

You need to subscribe to read this article. Go to the full version of the page.
restrictionsmoney transferIBANp2p transfers