{"id":1323797,"date":"2025-11-21T17:04:03","date_gmt":"2025-11-21T15:04:03","guid":{"rendered":"https:\/\/prm.ua\/money-transactions-will-become-digital-tracking-of-transfers-in-banks-will-change-in-ukraine-from-november-22\/"},"modified":"2025-11-21T17:04:03","modified_gmt":"2025-11-21T15:04:03","slug":"money-transactions-will-become-digital-tracking-of-transfers-in-banks-will-change-in-ukraine-from-november-22","status":"publish","type":"post","link":"https:\/\/prm.ua\/en\/money-transactions-will-become-digital-tracking-of-transfers-in-banks-will-change-in-ukraine-from-november-22\/","title":{"rendered":"Money transactions will become digital: tracking of transfers in banks will change in Ukraine from November 22"},"content":{"rendered":"

All money transfers and settlements in the SWIFT system will become traceable in digital format from November 22. This is due to the transition to a single ISO 20022 CBPR+ standard, which actually launches a new architecture for global financial transactions.<\/strong><\/p>\n

This was announced by<\/a> the director of the Institute for Economic Development of Ukraine, Oleksandr Goncharov.<\/p>\n

He stated that the implementation of the new standard means a complete transition from paper-based payments to a digital control system. According to him, this process will allow the integration of blockchain into the official banking infrastructure.<\/p>\n

“After November 22, 2025, a new era begins, when every capital movement becomes digitally tracked and liquidity becomes programmable. And from January 2026, the active integration of CBDC and tokenized assets will begin – the actual transition to a new monetary system,” the message says.<\/p>\n

Tomorrow, more than 11,000 banks and financial institutions in over 200 countries will start using a new digital data exchange language. The format will become compatible with blockchains and CBDCs. In parallel, the old SWIFT MT format will begin to be phased out.<\/p>\n

At the same time, Ukrainian banks are already analyzing the purpose of payments to identify potentially risky transactions. Deputy Chairman of the Board of Globus Bank Anna Dovgalska explained that security systems focus not on individual words, but on characteristic patterns.<\/p>\n

“Frequency of transactions. Unusual amounts. A combination of events that go beyond the client’s usual behavior,” the banker explained.<\/p>\n

According to her, risk assessment is based on a set of factors, including payment metadata, transaction history, geolocation, and other parameters.<\/p>\n

“If a series of transfers are received within a short time or transactions appear with amounts or regions that are not typical for the card, this raises suspicion in bank protection systems. Algorithms assess the risk based on a number of parameters: payment metadata, the owner’s transaction history, geolocation, and other factors,” said Dovgalska.<\/p>\n

The banker emphasized that this tool is secondary in the banking risk analysis system. However, isolated cases of blocking due to suspicious transactions may still occur, since “no system guarantees zero errors.”<\/p>\n

We remind you that in certain cases , transferring funds through person-to-person (P2P) bank accounts may result in a fine<\/a> of up to 34 thousand hryvnias or blocking of the account.<\/p>\n

Also follow \u201cPryamim\u201d<\/strong> on Facebook<\/a> , Twitter<\/a> , Telegram<\/a> , and Instagram.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

All money transfers and settlements in the SWIFT system will become traceable in digital format from November 22. This is due to the transition to a single ISO 20022 CBPR+ standard, which actually launches a new architecture for global financial transactions. This was announced by the director of the Institute for Economic Development of Ukraine, […]<\/p>\n","protected":false},"author":54,"featured_media":1068198,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[76892,76871,76872,76875],"class_list":["post-1323797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-news-2","category-news-feed","category-other-news"],"_links":{"self":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1323797","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/comments?post=1323797"}],"version-history":[{"count":0,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/posts\/1323797\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media\/1068198"}],"wp:attachment":[{"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/media?parent=1323797"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prm.ua\/en\/wp-json\/wp\/v2\/categories?post=1323797"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}