The total amount of sanctions against Swift Garant company in 2026 reached UAH 149.8 million
The National Bank of Ukraine has fined payment terminal operator City24 UAH 14.63 million. The total amount of sanctions against the company in 2026 has reached nearly UAH 150 million. This was reported by Minfin, according to the portal PromPolitInform.
The NBU Committee on Supervision and Regulation of Banks, Oversight of Payment Infrastructure made the relevant decision on October 5, 2026. The sanctions were applied following a scheduled inspection and off-site supervision conducted in February-April of this year.
The regulator recorded a number of violations of current legislation, in particular the Law on Payment Services. The remarks concern the rules for authorizing financial service providers, building a management system, involving commercial agents, and organizing cash operations.
In addition to the monetary penalty, the company received a written warning for non-compliance with management system requirements and submission of statistical reports. The enterprise is obliged to eliminate the detected violations by December 3, 2026, and must pay the fine within 14 calendar days from the date of receiving the decision.
Previous sanctions and company activities
The NBU applied its previous large-scale penalty to the financial company in June 2026, imposing a fine of UAH 135.15 million due to violations in the field of financial monitoring. At that time, a similar fine was issued to another major market participant, the EasyPay network operator.
Thus, the total volume of financial sanctions from the regulator for Swift Garant throughout the current year has approached the mark of UAH 149.8 million. The previous penalty concerned risk management and internal procedures, while the new fine covers a wide range of requirements for operating in the payment market.
Swift Garant Limited Liability Company has been providing funds transfer services without opening accounts since 2015 and holds a license from the National Bank. The enterprise operates through a network of self-service software and hardware complexes and is included in the list of important payment systems of Ukraine.
Photo: Minfin
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