Resolution of the Supreme Court of May 6, 2020 in the case № 755/3653/17
The bank’s refusal to execute the client’s order to issue the amounts due to him under the bank account agreement indicates the bank’s default and results in liability under the law in the form of payment of a penalty of 3% of the amount withheld by the bank for each day of the client’s application. with a request for the issuance of funds before the date of actual issuance.
The Grand Chamber of the Supreme Court concluded that the bank had been fined on the basis of Part 5 of Article 10 of the Law of Ukraine “On Consumer Protection” for overdue obligation to issue to the client the amounts due to him under the bank account agreement, which is calculated from the amount withheld by the bank, ie the amount of the deposit with accrued interest.
Judgment in the USSR: http://reyestr.court.gov.ua/Review/89137108.