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Useful articles with tag "NBU"

Financial Monitoring and Banks in Ukraine: Is a 30% Fee for Closing an Account Legal?

In recent weeks, a troubling trend has emerged in Ukraine: some banks have begun charging up to 30% in fees for closing accounts, particularly in situations where this occurs due to violations of financial monitoring rules. This issue has sparked outrage among customers who consider such practices unlawful.

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Financial Monitoring and Banks: Is a 30% Fee for Closing an Account Legal?