Ukraine

PrivatBank has set a single rate of 1% for all international transfers

PrivatBank introduced a single reduced rate of 1% for international card-to-card transfers through the Privat24 application, regardless of the direction of the transfer. About this reported bank press office.

“PrivatBank has set a single reduced tariff for international P2P card-to-card transfers in Privat24 in the amount of 1% in any direction to make international transfers even more accessible and profitable for customers”, says the message.

According to the updated conditions, the fee for transferring funds from foreign bank cards to PrivatBank cards is now 1% instead of the previous 1.5%. The same tariff has been set for the reverse direction – from PrivatBank cards to international cards: the commission has been reduced from 2% (minimum 50 UAH) to 1% (minimum 50 UAH).

As a reminder, in 2024, PrivatBank transferred 41 billion hryvnias of income tax to the state budget. In addition, according to the results of the year, the bank paid almost 3 billion hryvnias in other taxes, including VAT, uniform social contribution, local property taxes, etc. This exceeds the similar indicators of 2023, when the amount was 2.6 billion hryvnias.

 

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