Can MFIs block my bank card or withdraw funds from it?

  • Block your card — they cannot
  • Debit funds — only in cases clearly defined by law

1. Card Blocking: Who Actually Has This Right

An MFO cannot block your card at all. The company does not even have access to your card's payment infrastructure.

Under Law No. 1591-IX "On Payment Services" (Article 60, zakon.rada.gov.ua/laws/show/1591-20), only the issuing bank (your bank) has the right to block or restrict use of the card.

Important: If you are told "we will block your card," this is a pressure tactic that may indicate psychological pressure, manipulation, and a potential legal violation. Such statements may be grounds for a complaint to the NBU.

2. Debiting Funds: Three Possible Scenarios

Scenario A — debit with your consent (authorization)

This is the most common scenario in MFO microcredit lending.

When taking out a loan, you may agree to automatic debiting (direct debit from the account) when the payment due date arrives.

Important: A debit without additional confirmation is possible only if prior consent was provided (Law No. 1591-IX "On Payment Services," Article 32: zakon.rada.gov.ua/laws/show/1591-20).

All repayment terms (including automatic debit) must be clearly stated before the agreement is signed (Law No. 1734-VIII "On Consumer Lending," Article 12, Part 1: zakon.rada.gov.ua/laws/show/1734-19).

How it works:

  1. You signed the agreement
  2. You agreed to automatic debit
  3. On the payment date, funds are debited automatically

This is legal, but only if you agreed to it ("authorization" in the agreement).

Scenario B — debit through a court enforcement process

If there is a court decision, funds may be collected compulsorily.

Under Law No. 1404-VIII "On Enforcement Proceedings" (Article 48: zakon.rada.gov.ua/laws/show/1404-19), after enforcement proceedings are opened, the enforcement officer may freeze accounts and collect funds through the bank.

What may be debited:

  • Personal funds in accounts
  • Part of salary (usually up to 20%)
  • Pension payments (within legal limits)

What is protected by law (Article 73 of Law No. 1404-VIII):

  • Social benefits
  • Assistance for internally displaced persons (IDPs)
  • Alimony
  • Disability benefits
  • State assistance for children
  • Combat-related payments to military personnel

Scenario C — unlawful debit without consent or a court decision

This is a serious violation, and you have the right to complain to the regulator about such actions by an MFO.

Law No. 1591-IX "On Payment Services" (Articles 32 and 60: zakon.rada.gov.ua/laws/show/1591-20) provides that unauthorized debits are unlawful payment transactions. The bank must challenge them and return the funds. Under Law No. 1023-XII "On Consumer Protection" (Article 19: zakon.rada.gov.ua/laws/show/1023-12), such actions may also qualify as an unfair business practice.

What to Do If an MFO or Collectors Threaten to Block Your Card

Action Where to Contact
Complaint to the NBU about threats and psychological pressure NBU: bank.gov.ua/consumer-protection
Complaint about violations by collectors Police: 102
Claim for moral damages (without court fee) Court

What to Do If Funds Were Debited Without Your Consent

  1. Dispute the transaction with the bank — you can submit a refund request within 60 days
  2. File a complaint with the NBU — via the official portal bank.gov.ua/consumer-protection
  3. Go to court. The claimant does not pay a court fee in consumer-protection disputes.

How to Disable Automatic Debiting

Under Law No. 1591-IX "On Payment Services" (Article 60: zakon.rada.gov.ua/laws/show/1591-20), you may withdraw your consent to automatic debiting at any time.

How to do this:

  • Submit the relevant request to the bank
  • Use the bank's mobile app (if this function is available)
  • Call the bank's hotline