During a round table in Brussels on September 27, the companies signed a statement at the initiative of the European Commission in which they pledged to help reduce the cost of transfers to Ukraine by up to 3%, the press service of the National Bank of Ukraine (NBU) reported on Wednesday.
According to the report, the heads of Visa, Mastercard, Wise, Extrabanca, Ria Money Transfer, Small World, TransferGo, PrivatBank, Oschadbank, Ukrgasbank, Raiffeisen Bank, PUMB, A-Bank, NovaPay, Ukrposhta, UFG PJSC signed a joint statement.
They committed to provide competitive transfer services to the Ukrainian diaspora, internally displaced persons from Ukraine and anyone who wants to support Ukrainians and transfer funds to Ukraine.
Deputy head of the NBU Oleksiy Shaban pointed out that it is possible to receive transfers in Ukraine using all available methods that were in peacetime (through international systems for transferring funds from card to card via SWIFT using the IBAN number).
He added that at the beginning of the war, most international funds transfer systems completely abolished fees for transfers to Ukraine.
In general, according to preliminary estimates of the National Bank, in January-July 2022, $7.6 billion was transferred to Ukraine, which is 5.7% less than in the same period of the previous pre-war year.
The war in Ukraine led to a decrease in transfers through official channels by about 12%. At the same time, the flow through informal channels increased by almost 3%.
According to NBU statistics, of all funds transferred to Ukraine from abroad in January-July 2022, about a quarter (24%) came through international transfer systems.
