For strategic portfolio investors, Piraeus Bank offers long-term, mutually beneficial cooperation on the terms of a brokerage service agreement.
Under that type of agreement, the Broker (Piraeus Bank) undertakes, in the manner and on the terms and conditions of the brokerage service agreement, to fulfil one-time orders (instructions) of the Bank's Client (Client), namely: on its own behalf, at the Client's expense, make one or more agreements with third parties for the purchase and sale of securities.
The Brokerage Service Agreement may stipulate provision of additional services by the Broker for the Client, such as consulting, intermediary and representation services.
On July 21st, 2022, the National Bank of Ukraine introduced changes on the transactions and operations carried out abroad (outside of the territory of Ukraine) on Hryvnia (UAH) cards and accounts. Those new limitations are only related to operations, carried out abroad from UAH cards and accounts, whilst foreign currency cards and accounts have not been impacted from those restrictions. In detail:
UAH12.500 equivalent in foreign currency per 7 days from the first time of withdrawal. The limit is not calculated cumulatively.
UAH80.000 equivalent per calendar month for transactions at POS terminals (physical presence of card or NFC technology on phone), purchases on the internet secured by full 3DSecure* and recurring payments**.
UAH20.000 equivalent per calendar month for the rest type of online transactions.