Business news from Ukraine

UKRAINIANS RECEIVE $85 MLN WORTH OF TRANSFERS THROUGH PRIVATBANK, WESTERN UNION FROM UN WFP

Ukrainians receive $85 mln worth of transfers through PrivatBank, Western Union from UN WFP

KYIV. June 16 (Interfax-Ukraine) – Ukrainians have received more than 600,000 transfers worth $85 million through the state-owned PrivatBank (Kyiv) and the Western Union international payment system from the UN World Food Program (WFP), the bank’s press service reported on Wednesday.

According to the report, 95% of transfers were received online to a PrivatBank card.

The press service recalled that in May, the UN WFF began disbursing cash assistance to internally displaced persons in Ukraine through Western Union. The amount of assistance is UAH 2,220 per person and up to UAH 6,660 per family.

According to the statistics of the National Bank of Ukraine, as of April 1, 2022, PrivatBank ranked first (UAH 592.38 billion) among 69 banks operating in the country in terms of total assets.

, , , ,

WESTERN UNION, MONEYGRAM, RIA MONEY TRANSFER, INTEL EXPRESS AND TRANSFERGO CANCEL FEES FOR MONEY TRANSFERS TO UKRAINE

The international systems Western Union, MoneyGram, Ria Money Transfer, INTEL EXPRESS and TransferGo have canceled fees for transfers to Ukraine, the press service of the National Bank of Ukraine (NBU) said on Thursday.
According to the announcement, Ria has activated its global donation network for the Save the Children organization to help Ukrainian children who have been affected by the war in Ukraine and their families.
In addition, the INTELEXPRESS international money transfer system can make instant and free transfers to special accounts to raise funds to support the Ukrainian army and humanitarian aid to Ukrainians.
At the same time, the global payment network Euronet, which has an extensive system of ATMs in the world, has abolished fees for its services for the citizens of Ukraine.
In addition, the Polish instant payment system Blik has created a special page for raising funds to help the Armed Forces of Ukraine. The funds will be transferred to the NBU account opened in the state-owned bank – Bank Gospodarstwa Krajowego.

, , , , , ,