The National Bank of Ukraine outlined the reasons for halting banking operations.

Banks may halt client transactions when large sums are deposited into clients' accounts. They require explanations and supporting documents.

This was stated by the first deputy head of the NBU, Ekaterina Rozhkova, as reported by RBK-Ukraine referencing her interview.

Rozhkova noted that these restrictions apply to entrepreneurs or players in the real economy sector who are attempting to optimize their tax obligations, trying to earn more while paying less.

According to her, these entrepreneurs establish individual entrepreneurs (IEs) but do not open an IEs account, opting instead to use a personal account.

"Then, various funds start to arrive in this personal account, and the bank is unclear about the source. If you are either unemployed or working with a minimal official salary, in such cases, banks do indeed halt transactions and request explanations and supporting documents," she stated.

Rozhkova emphasized that this is a "constant life story." "This is how a businessman tries to earn more and spend less to achieve greater profits, while the state wants the businessman or business to share to the level that it deems appropriate. This is a continual search for fairness. Yes, it's true, but you know, I believe that especially now is not the time for seeking fairness," said the first deputy head of the NBU.

She added that now, when we are facing a significant budget deficit due to substantial funds being directed towards supporting our defense capabilities, "it seems to me that we all should pause and start paying taxes as required."

"And perhaps, this in turn will expand the tax base, and eventually we will reach a point where the state will not reduce the tax burden," Rozhkova said.

Recall that earlier the NBU denied information that Ukrainians could have their bank accounts blocked for frequent cash withdrawals. The NBU stated that banks continue to conduct client checks strictly within the framework of legislation regarding financial monitoring, applying a risk-oriented approach.