Pension Fund tender commission on the choice of banks which may open accounts for pension and social assistance has decided to prolong the agreement with Piraeus Bank ICB for the whole 2016 year, which is the maximum period for such agreements, the Bank press-office announced with the reference to Pension Fund letter.
The decision, made by Pension Fund on the 22nd of December, 2015, is the next confirmation of excellent financial condition and absolute reliability of Piraeus Bank. As Pension Fund letter highlighted, the solution about prolongation was made depending on National Bank conclusions about financial situation and fulfillment of all the economic necessary ratios by the banks, which are authorized to serve current accounts of pensioners and social aid beneficiaries, during the last 6 months and on the analyses of these banks activity on pensions and money aid out payments as well as legislation observance.
Private individuals can open pension accounts and accounts for social aid as well as receive other banking services in Piraeus Bank ICB branches in Kiev, Irpen, Cherkassy, Lviv, Kharkiv, Dnipropetrovsk, Odessa and other cities in Ukraine. One can find the details on accounts opening by the link.
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.