October 8, 2025
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Transfer from card to card and financial monitoring: A lawyer explained the update after October 1.

Since the beginning of October, serious innovations in the field of banking transactions were planned, including transparency of all payments from card to card. However, the final decision was more loyal – the financial institution should not yet show all the information about the sender and the recipient. However, financial monitoring and control by tax authorities remain relevant, especially for those who have […]”, – WRITE: Businessua.com.ua

Card Card Transfers and Finmonitoring: A lawyer explained what has changed after October 1

Since the beginning of October, serious innovations in the field of banking transactions were planned, including transparency of all payments from card to card. However, the final decision It turned out to be more loyal – financial institutions should not yet show all information about the sender and the recipient. However, financial monitoring and control by tax authorities remain relevant, especially for those who have high or incomprehensible turnover. The details are explained by lawyer Bogdan Yankov.

All changes in bank accounts, fiscal checks and similar aspects occur within a clear and government plan. According to the National Revenue Strategy, which was approved by the Ministry of Finance during 2025 – 2027, tax authorities must access bank secrecy in order to identify tax violations and tax evasion.

“Most likely, bank secrecy will be opened sooner or later. And ordinary transfers from card to card in current realities are not so safe,” – says Bogdan Yankov.

The lawyer reminds: now in Art. 62-2 of the Law of Ukraine of 07.12.2000 No. 2121-III “On Banks and Banking” it is clearly stated that when the National Bank of Ukraine sees an internal information situation that may contain signs of violations, it may inform law enforcement agencies, including tax and economic security. And that is already in practice.

Example: Tax verification of one of the clients of lawyer Bohdan Yankiv. The document states that the tax is verified based on the data it received for transfers from the National Bank. The client made transfers from the card to the card in the amount of more than 700 000 UAH. He was blocked. The National Bank was noticed information and sent to a tax letter. Due to this scheme, the tax initiated audits.

“Of course, the main goal is to get 18% of the income tax and military levy from the amount of non -taxable transfers. Only one small factor protects most people who make transfers from the card to the card, from the mass accrual of taxes – is the lack of mass disclosure of bank secrecy. But as we can see.

Innovation from October 1 The media had information that from October 1, during the transfer from the card to the card, the sender, the recipient of payment and payment will always be visible. That is, there will be no situations where the sender or the recipient is unknown. The National Bank was preparing changes to the order of release and acquiring tools, where payments were to become as transparent as possible. But at the last moment, these changes were canceled.

What did you plan to accept? All fields should be unified in all payment systems, banks and non -bank organizations. It should always be clearly visible who the sender and who the recipient, including in the acquiring payments. But as a result, they accepted a simplified version that actually does not affect anything. That is, these significant changes reported by the media did not happen. It is obvious that the changes have not yet been accepted because most banks are not technically ready, the lawyer says.

How is the system functioning now You are the sender and transfer the funds. There is a recipient of payment. Each bank can check the sender or the recipient, for example, whether it is in the Drop Register or in the black list of banks in connection with financial monitoring. Since the NBU has not yet obliged the banks to show the sender and the recipient, it happens that the statement shows the receipt of funds, but not visible from anyone. In this case, the bank cannot check your sender.

What is happening in practice, especially in large banks like Privatbank: If you have many anonymous sends, the very fact of their availability can already be a reason for financial monitoring and finding out the source of funds.

But Mr. Bogdan emphasizes, it is not necessary to panic. It is important to systematically and gradually prepare for such changes. The question is not “how to avoid financial monitoring”, but “how to prepare to go through it successfully.”

How to prepare for financial monitoring The recipe is simple:

  • Be prepared to explain what you do (official work, FOP, legal entity, etc.).
  • Explain how you sell goods or services: social networks, premises, website.
  • Show the income statement and tax receipt.
  • Assure the bank that you do not violate or plan to violate the law.

These actions will help to undergo not only financial monitoring, but also tax audit.

Who can be checked in October 2025 The main task of financial monitoring is to identify atypical payments. The main framework is as follows:

  • up to 30 000 UAH of turnover per month is usually not checked;
  • In the range of 30,000 – 400 000 UAH, inspections are possible, but not obligatory;
  • More than 400 000 UAH – financial monitoring is guaranteed.

“But it is not only in Sumy. The bank takes into account your” client profile “, which you indicate in the questionnaire when opening an account: age, employment, source of profit. On the basis of this, the degree of risk is determined. For example, if you indicate that the unemployed, but monthly you receive 25 000 UAH, the bank is almost sure. In essence, financial monitoring is a way of “catching” the client on illogical actions that contradict his questionnaire.

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