TransferWise kicks off instant transfers to Ukraine

International money transfer service TransferWise has reduced processing time for transactions to Ukraine. AIN.UA learned the news from the service’s representatives.

As explained by TransferWise, previously the transfer of funds was carried out in three-time intervals. In most cases, money to a Ukrainian user from abroad came either on the same day or on the next day. But if people made a transaction on Friday after a certain time, the funds were credited only on Monday.

Now Ukrainian users will be able to receive transfers instantly 24/7, representatives of TransferWise noted. Bank holidays will not be a cause for delay.

In addition:

  • TransferWise notes that the service is now available to all Ukrainian users, and not just clients of PrivatBank. Earlier monobank also began supporting the service.
  • PrivatBank customers can now receive money in USD and EUR through TransferWise – for this they will need to have a personal card.