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Ukraine: Panic sets in as huge queues hit ATMs00:45

Ukraine: Panic sets in as huge queues hit ATMs

Ukraine, Sevastopol
February 20, 2014 at 19:50 GMT +00:00 · Published

Ukraine: Panic sets in as huge queues hit ATMs

The first signs of bank panic were registered in the southern Ukrainian city of Sevastopol Thursday after reports that the Ukrainian National Bank was seized prompted an ATM rush.

Long lines of people queued to use some machines. The cash flows are feared to dwindle as unrest in Kiev and Western cities continues.

Some banks have set restrictions for cash dispensations. ATMs of VTB-bank dispense a maximum of 2,000 hryvnia (€163/ $223). Depositors wishing for a larger sum have been asked to write a formal request to the bank's office.

Ukraine: Panic sets in as huge queues hit ATMs00:45
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Ukraine: Panic sets in as huge queues hit ATMs

The first signs of bank panic were registered in the southern Ukrainian city of Sevastopol Thursday after reports that the Ukrainian National Bank was seized prompted an ATM rush.

Long lines of people queued to use some machines. The cash flows are feared to dwindle as unrest in Kiev and Western cities continues.

Some banks have set restrictions for cash dispensations. ATMs of VTB-bank dispense a maximum of 2,000 hryvnia (€163/ $223). Depositors wishing for a larger sum have been asked to write a formal request to the bank's office.