Ukrainians, who invented an interesting currency scheme during the war, will be left without a “job”.
PrivatBank has established the same market exchange rate for non-cash and cash transactions since July 6. This is reported on the bank's website.
“From July 6, PrivatBank sets the market exchange rate for non-cash transactions. First of all, this concerns card conversion rates: cash withdrawals and transfers in hryvnias in Ukraine from currency cards, as well as all types of operations abroad in foreign currency using hryvnia cards.” , – the bank noted.
Privatbank explained such a step by the market situation.
“The bank establishes uniform currency exchange rates for card payments and the purchase and sale of cash currency in its branches, based on the market situation, regulatory documents of the regulator, maintaining the integrity of the market and based on the interests of its customers,” the message emphasizes.
< p style="text-align: justify;">The co-founder of another bank – monobank, Oleg Horohovskyi, commented more openly on this decision.
“Card tourism will end. Many people will lose his job,” he wrote.
Recall that at the end of May, the National Bank was forced to change the rules due to schemes. The regulator has reduced the limit of cash withdrawals abroad by 2 times.
The NBU explained that this will make it possible to reduce the risks of unproductive capital outflow, reduce opportunities for speculation and bypassing currency restrictions , and therefore – to protect Ukraine's international reserves.
Some Ukrainians invented an interesting currency scheme during the war. For this, it was necessary to go abroad with a hryvnia card. Then withdraw dollars from it within the limit of UAH 100,000 per month. Find someone who will take the cash dollar to Ukraine and sell it at the black market rate.
