Bank Mykhailivsky imposes restrictions on cash withdrawal from cards

16:00, 23.05.2016 1 min read

Bank Mykhailivsky (Kyiv) has set limits on cash withdrawal from bank cards, the bank has told Interfax-Ukraine.

According to the report, the restriction on Visa bank cards is set at UAH 5,000, MasterCard at UAH 1,000 per day.

According to the bank, restrictions were imposed in connection with the installation of new software. At the same time, the expiration of restrictions is not known.

Editor of the Hroshi (Money) TV Program Oleksandr Dubynsky on his Facebook page claims the board of the National Bank of Ukraine (NBU) on May 23 declared the bank insolvent.

The operator of one of the bank branches told the agency the bank has problems with cash. She said it is not known whether temporary administration will be introduced in the bank or it will be merged with Platinum Bank (Kyiv).

The agency failed to get comments from the bank's press service.

The NBU also refrained from comments.