Ukrainian banks are introducing new rules for clients who keep significant amounts of currency in their accounts. Financial institutions have begun charging fees for large balances in dollars and euros, explaining this by the increase in the cost of servicing currency transactions and regulatory requirements.
According to the banks, the fee will apply only to accounts that hold amounts exceeding a certain threshold. Each institution determines it independently, but the logic is the same: large foreign currency deposits create an additional burden, since banks cannot effectively use these funds in lending, and provisioning for foreign currency assets is more expensive.
The new rules provide for a monthly fee if the balance exceeds the limit. For clients with small amounts, there will be practically no changes – the fee applies only to large savings.
As a reminder, financial analysts note that such steps will encourage some depositors to transfer part of their savings into hryvnia instruments or distribute currency between different accounts. At the same time, banks emphasize that the new policy will balance costs and avoid risks associated with excessive foreign exchange balances.
