How to send money to Ukraine
Learn how to make a money transfer to Ukraine at the best rate in four easy steps
1. Check the UAH rate against your sending currency
Making your transfer at the right time is a good way to optimize your transfer. You should take advantage our smart exchange rate alerts to stay on top of the UAH mid-market's evolution.
2. Compare 9 money transfer providers available for transfers to Ukraine and find the best option.
Monito's comparison engine lists many companies to transfer money to Ukraine, such as TransferGo, TransferWise, Western Union, MoneyGram, Xendpay. Selecting the right provider from the list is a sure way to save on costs.
3. Select the best money transfer company for your specific needs
Do you want to make a transfer to Ukraine with the best exchange rate and lowest fees, with the fastest provider or with the provider with the best ratings?
Another important aspect is to pay attention to the pay-in and pay-out methods. You will often find money transfer services offering to you the option to wire the money from your bank account, some will also allow you to pay with your credit and debit cards. To receive the money in Ukraine, you often have to decide if you want the money to be sent directly to the recipient's bank account or be available for cash pick-up.
4. Sign up and get started wih your money transfer to Ukraine with the service of your choice
It is now time to register on the money transfer provider's online portal - be ready to provide an ID and/or a proof of adress - and set upyour money transfer to Ukraine.