PrivatBank will block accounts: who will lose access to funds

PrivatBank urges clients to confirm their data in Privat24

According to PrivatBank, if you are a client of this bank, do not forget to check and confirm your personal data in Privat24. Otherwise, you may temporarily lose access to your cards and accounts. Ensuring the accuracy of data is an important step in the work of financial institutions, especially in a state of war.

The bank emphasizes that the process of updating information is not that complicated. Clients simply need to confirm the absence of ties with certain countries, enter a special security code, and fill out a form with personal data. This procedure should be repeated at least once every five years, even if your contact details have not changed.

If you see a request in Privat24 to confirm or update your data, even if nothing has changed, do not waste time - this is for your own safety and convenience. Without this procedure, it will be difficult to perform transactions with your account.

Do not forget that if you do not update your data, your account may be blocked. Therefore, it is very important not to delay this procedure and timely confirm your information to avoid troubles and maintain access to your funds.

It is also worth mentioning that starting from 2026, PrivatBank will charge for the popular service.

By regularly updating their personal data in Privat24, clients can avoid account blocking and assist the bank in preventing possible financial fraud. Updating data is an important step in ensuring safety and convenience in using banking services.