Updated: July 20, 2026. Monobank tariffs are listed on the official tariff page from 07/15/2026; check the conditions of other banks before the operation - they change.
Withdrawing dollars or euros from your own currency account in Ukraine costs from 0% (PrivatBank ATMs for currency cards) to 0.9% (monobank), and almost all banks abroad charge about 2%. We analyze proven tariffs, limits and three legal ways to reduce the cost of withdrawal to zero. It is noticeable on large amounts: 2% of $1,000 withdrawn is $20. We analyze proven tariffs, limits that operate on top of commissions, and three legal ways to reduce the cost of withdrawal to zero.
What is the cost of currency withdrawal?
The price of the operation is not only the commission. There are three components: the bank’s withdrawal fee (a percentage of the amount, sometimes plus a fixed part), limits (how much can be withdrawn in general - they are set by the NBU and the bank), and the conversion rate if you withdraw in the wrong currency in which the account is kept - for example, dollars from a hryvnia card abroad. The most expensive mistake is the third component: a double conversion can cost more than any commission, so you need to withdraw currency from a foreign currency account, not from a hryvnia account.
Checked tariffs: PrivatBank and monobank
In other large banks (Oschadbank, Raiffeisen, PUMB, Sense, Ukrsibbank) typical tariffs are in the range of 0–1.5% for withdrawals in Ukraine and 1.5–2% abroad, often with a fixed surcharge of 20–40 UAH — but this is where the tariffs change most often, so open the current tariff table of your bank before the operation. The rule is simple: if you plan to regularly withdraw currency, the withdrawal rate itself is a more important criterion for choosing a bank than the cashback rate.
Three ways to withdraw currency cheaper or for free
The first is the ATMs of your bank in Ukraine: some banks (such as Privat for a currency card) allow you to withdraw your own currency in their network for free. The second is the deposit route: for example, at monobank, the payment of funds from a foreign currency deposit in cash at the branch is fee-free - that is, if the currency was in the deposit, it can be withdrawn in full. The third is for those who need the currency not "in their hands", but as savings: do not withdraw at all, but leave it in an account or invest in currency bonds - no withdrawal fees and plus 3.5-3.8% per annum.
But the "tricky" fourth way is to withdraw the hryvnia and buy the currency in cash at the exchanger - calculate carefully: the commission for withdrawing the hryvnia (0–0.9%) plus the exchanger's spread (0.5–1%) often eats up as much as the direct commission for the currency, and the selling rate at the cash register may be worse (you can compare the current exchange rates in the exchange rate comparison service).
Limits that apply on top of commissions
Even with a zero commission, NBU restrictions apply: withdrawals from an account in Ukraine — up to the equivalent of 100,000 UAH per day from one account, from hryvnia cards abroad — 12,500 UAH per week, and ATMs add their own one-time limits (at Privat, for example, 20,000 UAH per transaction every 3 hours). Large amounts of currency at the cash desk almost everywhere need to be ordered 1–3 days in advance.
Calculation on the example of 1000 dollars
Withdraw $1,000 from a currency card: at a Privat ATM in Ukraine — $0 commission, at mono — $9, abroad at any of them — $20. If you withdraw the equivalent from a hryvnia card abroad, the commission will be added to the conversion at the bank rate — total losses easily reach $30–40. Conclusion: we withdraw currency from a currency account in Ukraine, in our network of ATMs — and preferably not more often than is really necessary.
Frequently asked questions
Why does the bank charge a fee for withdrawing my own money?
Cash currency for the bank is expenses: purchase, collection, storage, insurance. A cashless transaction does not have these costs, so paying with cards is cheap, but withdrawing cash is not.
How to withdraw a currency deposit without commission?
In some banks, the payment of deposit funds in cash at the branch is free of charge (in monobank, this is the case). Clarify the condition before opening the deposit — it affects the real return.
What is cheaper: to withdraw currency from the account or to buy cash at the exchanger?
If the currency is already in the account, it is usually cheaper to withdraw directly (0–0.9% in Ukraine). The route "withdraw hryvnia → buy at the exchanger" adds a spread and rarely wins.
Is there a fee for withdrawing currency at the bank cash desk?
It depends on the bank and the origin of the funds: own funds from the current account are often charged, deposit payments are often free. Large amounts at the cash desk require an order in advance.
How much currency can be withdrawn at a time?
NBU limit — the equivalent of UAH 100,000 per day from one account; ATMs have their own one-time limits, so it is more convenient to withdraw a large amount at the cash desk by prior order.
The material is informative. Bank tariffs change - check the current conditions on the official pages.
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