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"Most of our customers will not feel this". Ukrposhta announced limits on cash-on-delivery parcels

Ukrposhta, following Nova Poshta, has announced updated conditions for cash on delivery. New monthly limits will be set for the number of payments and the amount of cash payments, effective from July 1.

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"Most of our customers will not feel this". Ukrposhta announced limits on cash-on-delivery parcels

Ukrposhta, following Nova Poshta, has announced updated conditions for cash on delivery. New monthly limits will be set for the number of payments and the amount of cash payments, effective from July 1.

«Working transparently is the norm, because timely taxes paid = strengthening our defense capability. As a socially responsible company, we always support Ukrainian entrepreneurs. At the same time, it is extremely important for us to comply with the requirements of the law,» the press service of Ukrposhta said.

The company noted that it conducted a risk analysis, according to which most of the company’s clients will not notice the changes, while others «will have time to prepare».⠀

From July 1, the limits for cash payments at the branch to individuals will be UAH 100,000 per calendar month. At the same time, the maximum number of payment transactions during one calendar month will be 10.

The postpaid limits for individuals with payment to a bank card remain unchanged:

  • the maximum amount of payment transactions within one day is UAH 29,999;
  • the maximum number of payment transactions per day is 50;
  • the maximum amount of payment transactions within one calendar month is UAH 250,000;
  • The maximum number of payment transactions within one calendar month is 500.

«This is enough for anyone who is not engaged in entrepreneurial activity. If you intend to or are already selling goods, you should open a sole proprietorship or choose another legal form of work,» Ukrposhta believes.

Recall that Nova Poshta previously responded to reports of an alleged restriction on five cash-on-delivery parcels per month. The company denied the limit on parcels, but pointed to the increase in «state control of business activities,» which in some places forces Nova Pay to limit the provision of financial services.

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