After the incident in Hungary, the bank is seeking new safe routes
The Chairman of the Board of Oschadbank, Yuriy Kation, stated that the bank has suspended the import of cash currency following the incident involving the detention of Ukrainian cash transporters in Hungary.
This was reported by RBC-Ukraine, citing a live briefing.
Read also: “Injection and a day of interrogations”: Oschad cash transporter speaks out for the first time about detention in Hungary
According to him, Oschadbank is currently not importing cash from the European Union and is working on new safe delivery routes.
“Since the incident and up to today, we have not imported cash. We are developing new safe transportation and delivery routes (of funds – ed.) considering the risks we felt and saw while using the territory of Hungary. Therefore, we are currently working on safer routes,” Kation noted.
He emphasized that Oschadbank is the only commercial bank in Ukraine that has a license to import cash currency from the EU. Due to the temporary halt in supplies, the demand for currency is currently being met by the National Bank of Ukraine from its own reserves.
The Chairman of the Board of Oschadbank reminded that before the full-scale invasion, cash transportation was carried out by air through Boryspil Airport. After 2022, transportation occurs by road approximately once a week.
According to Kation, Oschadbank has provided currency supplies for 39 banks amounting to about 1 billion dollars and 800 million euros.
In total, in 2025, approximately 1.45 billion dollars and 387 million euros were sold to the public through the bank’s counters, while citizens purchased 522 million dollars and 82 million euros.
Recall that on March 5, Hungarian law enforcement stopped a convoy of Oschadbank vehicles transporting gold from Vienna to Ukraine, as well as tens of millions of dollars and euros. The Hungarian side blocked the funds, citing suspicions of “money laundering.”
Subsequently, it became known that during the raid, Hungarian law enforcement damaged the bank’s armored vehicles, and some gold bars went missing. The Ukrainian side accused Hungarian law enforcement of incompetence and intentional property damage.
Additionally, according to The Guardian, the detained individuals may have been subjected to forced injections of an unknown substance resembling a “truth serum” to compel them to testify. One of the victims subsequently suffered a hypertension attack and lost consciousness.
