How to send money to Ukraine
Find out how to make a money transfer to Ukraine at the lowest cost in four easy steps
1. Make sure the Ukrainian hryvnia exchange rate is in your favor
Making your transfer on the right day can help you save money. Frequently check the evolution of the Ukrainian hryvnia mid-market and convert your money when the UAH rate gets to a specific level.
2. Compare 9 companies sending money to Ukraine in order to select the best provider.
There are 9 money transfer companies to send money to Ukraine, such as TransferGo, TransferWise, Western Union, MoneyGram, Xendpay. Selecting the most competitive money transfer provider from the list is the best way to save money.
3. Choose the best option for your specific needs
Based on which criteria will make your choice? Exchange rate and fees, speed of transfer, user ratings? Balance the different criteria before deciding which provider to use.
You may also want to consider the pay-in and pay-out methods. Local bank transfer, debit and/or credit cards are the most common pay-in options to send money to Ukraine online. In Ukraine, you can decide if your want the money to be transferred to your recipient's account or received in cash (from an agent location).
4. Sign up and get started wih your transaction to Ukraine with the money transfer provider you selected
Now, simply fill the sign-up form on the money transfer provider's website - be prepared to give an ID and/or a proof of adress - and configure your money transfer to Ukraine.