Send Money To Ukraine

Personal
Business
From
United States Flag
United States
USD
To
Ukraine Flag
Ukraine
UAH
1 USD equals
28.507 UAH
Updated on November 27, 2020
 
How much to transfer?
$1-$1k
$1k-$10k
$10k +
Provider
Features
Fees
Score
Speed
Transfer Now
WorldRemit Logo
  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website
$
$
$

medium

Fees
63
Speed Icon

fast

1-2 days

Less Information
+
Promo Offer Available
Three free transfers for new customers! Check out the WorldRemit promo guide for more info.

Transfer Options

  • Bank Transfer
  • Debit / Credit card
  • Google / Apply Pay
  • POLi (Australia)

Features

  • Check Icon
    Bank account transfers and cash transfers
  • Check Icon
    Mobile airtime and mobile wallets top up
  • Check Icon
    Home delivery of transferred funds
  • Check Icon
    Multicurrency WorldRemit Wallet
  • Check Icon
    Multilingual website

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

medium

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    Transfers to cash pickup locations
  • Circle Check Icon
    Transparent rates and fees
  • Circle Check Icon
    Low minimum transfer amount
  • Circle Check Icon
    No hedging tools
  • Circle Check Icon
    No scheduled transfers

TransferWise Logo
  • Check Icon
    Transparent fee structure
  • Check Icon
    Send money to email addresses
  • Check Icon
    Multicurrency account with debit card
  • Check Icon
    Multilingual website & app
$
$
$

low

Fees
75
Speed Icon

fast

1-2 days

Less Information
+

Transfer Options

  • Bank Transfer
  • Credit Card
  • Debit Card
  • Country specific alternatives

Features

  • Check Icon
    Transparent fee structure
  • Check Icon
    Send money to email addresses
  • Check Icon
    Multicurrency account with debit card
  • Check Icon
    Multilingual website & app

Support

  • Phone
Support
Phone Icon
Phone
$
$
$

low

Fees
Speed Icon

fast

1-2 days

Best For

  • Circle Check Icon
    User friendly mobile app
  • Circle Check Icon
    Multi-currency account
  • Circle Check Icon
    Travel debit card
  • Circle Check Icon
    No scheduled transfers
  • Circle Check Icon
    No dedicated account manager

Payoneer Logo
    $
    $
    $

    high

    Fees
    71
    Speed Icon

    medium

    2-3 days

    Less Information
    +

    Transfer Options

    • Bank transfer
    • Debit card
    • Credit card
    • Bank debit

    Features

      Support

      • Phone
      Support
      Phone Icon
      Phone
      $
      $
      $

      high

      Fees
      Speed Icon

      medium

      2-3 days

      Best For


      How to send money to Ukraine

      How To Step Icon
      Step 1
      Compare, register
      Compare, register
      Select the best money transfer provider after reviewing and comparing your options.
      Sign up as an individual or a business customer by providing the required information.
      Verify your identity is part of the registration process.
      How To Step Icon
      Step 2
      The exchange rate factor and setting up a transfer
      The exchange rate factor and setting up a transfer
      Get a rate quote from your service provider by informing them of the amount you wish to send. Look at historical and existing UAH exchange rates to determine if you wish to move forward.
      Accept and lock the exchange rate on offer.
      Enter the recipient's Ukrainian bank account details.
      How To Step Icon
      Step 3
      Make your payment, track the transfer
      Make your payment, track the transfer
      Determine the payment method that is right for you. 
      Pay your chosen provider which will send money to the recipient's bank account.
      Estimated processing times will be provided through your order confirmation.
      Track your transfer via email notifications and text messages.

      Currency Symbol and Swift Codes

      What currency does Ukraine use? The Ukrainian hryvnia or hryvnya (UAH) is the officially used currency in Ukraine. One hryvnia is divided into 100 kopiyky. The hryvnia has been the country’s official currency since 1996.

      Does Ukraine use euros? While exchanging euros, U.S. dollars, and Russian roubles is easy when you are in Ukraine, you cannot use currencies other than Ukrainian hryvnia to pay for local transactions. Some private establishments accept payments in foreign currencies, although such businesses are few and far in between.

      If you wish to transfer money to a bank account in Ukraine, you will need to provide the SWIFT code of the receiving bank. Listed below are SWIFT codes of some popular banks in Ukraine.

      BANKBRANCHSWIFT CODE
      Bank Credit AgricoleKievAGRIUAUKXXX
      KredobankLvivWUCBUA2XXXX
      UkrSibbankKievKHABUA2KXXX
      Raiffeisen BankKievAVALUAUKXXX

       

      Case Study

      Anna’s employer required that she move to Russia on a long-term assignment. Her younger sister was still in college so she continued living in Ukraine with their mother. Since their mother did not earn much, Anna was to send them some money each month. She could use the services of her local Russian bank, but she decided to run an online comparison first. This is what she found out.

       BANKMONEY TRANSFER SERVICE
      Exchange rateRUB 1 = UAH 0.41013RUB 1 = UAH 0.46016
      Transfer feeRUB 400RUB 0
      Amount received for RUB 20,000UAH 8,038.55UAH = 9,203.30
      Transfer time2 to 5 days2 to 3 days
      Transfer optionsBank accountBank account
      Difference of UAH 1,164.65

      Not only did Anna’s mother stand to receive some extra money every month, the money also got to her account sooner when compared to the bank. Besides, Anna could schedule her transfers through the money transfer company, so she did not have to go through the entire process each month.

       

      Cash Pickup Locations in Ukraine

      Sending money to Ukraine in a hurry is possible if you get the recipient to collect funds from a cash pickup location. You can also use this method if the recipient does not have a bank account. Popular overseas money transfer companies such as MoneyGram, Western Union, and Ria have agent locations in Ukraine.

      MONEYGRAM IN UKRAINE 
      Kiev Ibox Bank, Zlatoustivska Ulitsa 47/49 KievKredobank, S. Petljury Ulitsa 13/135 Kiev
      Lviv Oschadbank, Generala Chuprynky 38 LvivOschadbank, Gorodotska 265 Lviv
      WESTERN UNION IN UKRAINE 
      Kiev First Ukrainian International Bank, Kostyantynivska Str. 15a KievA Bank Sechevykh Streltsov St 74 Kiev
      Lviv Ukrposhta Nyzynna Str 5 LvivMegabank Mitskevicha Str 8 Lviv

       

      Safety Tips for Picking up Cash in Ukraine

      While most trips to Ukraine go trouble-free, you should remain open to the possibility of petty crime such as bag snatching and pick-pocketing, particularly in and around Kiev. If you want to collect a large sum from a cash pickup location, do so during daylight, and try to take someone along.

      Avoid venturing out alone at night, especially in dimly lit areas. Keep your valuables carefully when using public transport, or when you visit tourist spots and crowded areas. Do not leave your bags, wallet, or documents in vehicles and thefts from parked vehicles are common. Do not leave your drinks unattended because there have been instances of drinks being spiked.

      When exchanging currency, use official booths. Hold on to the receipts if you plan to exchange money on your way out of the country. If you wish to exchange more than UAH 150,000, you will need to present your passport.

      Debit and credit card cloning is common so do not leave your cards out of your sight at any time. If you plan to travel outside of cities, carry enough local currency.

       

      What Information Do I Need to Transfer Money to Ukraine?

      Sending money to Ukraine requires that you provide different kinds of information, which varies depending on the desired transfer method.

      • Bank account. Details you need include the name of the recipient, the name of the recipient’s bank, the recipient’s bank account number, and the receiving bank’s SWIFT code.
      • Cash pickup. You will need the location from where the recipient wants to collect the cash as well as the recipient’s complete name. The recipient may collect the money by providing a reference number and a valid form of photo ID.

       

      Regulations When Transferring Money To and From Ukraine

      The Ukrainian government imposed a number of temporary currency restrictions in December 2014, with the aim of minimizing outflow of capital from the country and regulating the forex market. The National Bank of Ukraine (NBU) liberalized some of the restrictions in 2016 and 2017, although the following still apply.

      • The interbank forex market is still regulated by the NBU.
      • Early repayments toward loan agreements between foreign creditors and Ukrainian borrowers when bonds and banks are not A rated are not permitted.
      • When purchasing or making payments over U.S. $50,000, the NBU requires additional documentation.
      • Barring a few exceptions, the NBU does not permit the purchase of foreign currency in case a bank’s client holds U.S. $25,000 or more in a foreign currency account.

      Foreign nationals in Ukraine may transfer up to UAH 15,000 in one day without opening a bank account.

      Convert USD to UAH

      Check out the historical exchange rates for the last thirty days. Learn how much you can save by using a global money transfer company instead of the big banks.
      USD
      UAH
      Sending money online through specialist money transfer companies.

      Expect to receive between S2822.17 and S2839.27 when sending money from USD to UAH at today's exchange rate.

      Compare that to sending money overseas through retail banks. Expect to receive approximately S2708.14, not including additional banking fees. That is an average saving of S122.58.
      Currency exchange rate in the last 30 days

      Need more information?

      Read useful guides on international remittance and more detailed reviews on the best money transfer services.

      Money Transfer Guides

      How to Send Money from PayPal to TransferWise
      September 7, 2020

      Below, you will find a guide on how to send money from PayPal to the TransferWise Borderless Account. You will …

      Save Money Transferring Funds In or Out of International Escrow
      September 7, 2020
      Problem Definition

      You are selling something through an international Escrow service and the option to send to your country is through …

      What Is the Difference Between IBAN and SWIFT?
      September 7, 2020

      Banks and other financial institutions make use of different kinds of identification numbers for a variety of reasons. Your bank …

      A Guide to Buying Property Overseas
      September 7, 2020

      According to data released by the United Nations in the International Migration Report 2017, there are around 258 million people …

      A Guide to Handling International Payroll
      September 7, 2020

      Managing international payroll can be time consuming and challenging, and if often comes at a cost. Making cross-border payroll payments …

      A Guide to Minimizing Foreign Exchange Risk
      September 7, 2020

      A significant number of individuals and businesses now make international money transfers for an assortment of reasons. For instance, while …