Ukraine has launched an automated debt collection system from bank accounts

An automated debt collection mechanism has been launched in Ukraine, enabling the identification of debtors’ bank accounts and e-wallets. State-owned banks have already connected to the system, and all banks in the country are expected to join by October.

The system will automatically identify debtors’ accounts and ensure that funds are debited to settle the debt.

How Automatic Debt Collection Will Work

Starting October 23, 2026, an updated automated debt collection mechanism is set to take effect in Ukraine, covering both bank accounts and e-wallets.

The new rules will allow state and private enforcement agents to use the Automated Enforcement Proceedings System (AEPS) to obtain data on a debtor’s accounts, freeze them, and generate documents for the compulsory withdrawal of funds, including electronic money.

The mechanism will involve more than just the automatic freezing of accounts. The digital system will cover the entire enforcement process—from locating the debtor’s accounts to the compulsory withdrawal of funds and their transfer to the creditor.

The system will search for more than just bank accounts

The following entities are planned to be integrated into the digital interaction system:

• banks;

• non-bank payment service providers;

• electronic money issuers;

• other financial institutions.

Thus, the enforcement agent will be able to obtain data not only on the debtor’s regular bank accounts but also on their e-wallets. Where there are legal grounds, enforcement may also extend to electronic money.

Banks will promptly report on the debtor’s funds

Document exchange will take place through the ASVP using API interfaces. Requests regarding the debtor’s accounts, orders to impose or lift attachments, and payment instructions will be sent through the system.

The information systems of banks and other payment service providers must check for new documents from enforcement officers every hour.

A response to an information request must be provided no later than one hour during business hours. The financial institution will report whether the debtor has any accounts or e-wallets, along with their details, account type, and the balance of funds or e-money. 

Seizures will also be automatically lifted

Digitization is expected to accelerate not only the collection of funds but also the process of lifting restrictions after the debt has been repaid.

Once obligations are fulfilled, the system is designed to automatically initiate procedures to lift account freezes and remove the individual from the Unified Register of Debtors, thereby reducing the wait time for manual processing by the enforcement officer.

What Funds Cannot Be Seized

For individuals, a mechanism is provided that allows them to retain a portion of their funds for daily needs.

A debtor may make expenditures from a single checking account at a single bank up to an amount not exceeding two times the minimum monthly wage. Funds within this limit are not subject to seizure. 

This was stated by Minister of Justice Denys Maslov, according to Finance.ua. 

We previously reported that Ukrainian banks may begin automatically seizing debts from accounts in October.

The NBU has imposed sanctions on three financial companies.

As a reminder, the NBU is investigating banks in connection with the collateral related to Galushchenko.

According to People’s Deputy Yaroslav Zheleznyak, during the trial of Sense Bank Chairman Oleksiy Stupak, prosecutors also revealed a series of conversations which, according to the investigation, confirm the origin of these funds.

Mindich gave Mudriy cash to post bail for Galushchenko — SAP