Money transfers

Pravex-Telegraph - instant money transfers in Ukraine

• How to send a transfer?
• How to receive a transfer?
• Pravex-Telegraph transfer tariffs
• Money transfer application
• Application for money receiving

Pravex-Telegraph - instant money transfers in Ukraine.

With the help of the Pravex-Telegraph instant money transfers system in Ukraine, you can carry out virtually instant transfers of cash funds through the substantial regional network of the Bank - payment to the beneficiary is possible literally immediately after sending in any of the 449 bank branches in Ukraine, the number of which is constantly growing.

PRAVEX-BANK, as a direct authorized agent of Western Union in Ukraine, has vast experience in carrying out money transfers worldwide. This experience allowed us to create our own unique money transfer system.

Besides the above advantages, the Pravex-Telegraph system:

• Can be used as an alternative to cash currency transportation by sending the transfer in one's own name, i.e., the same person is the sender and the beneficiary of the transfer (sending and receiving can be carried out in any region of Ukraine).
• The transfer is a non-address, i.e., it can be received not in the definite settlement where it was sent, but in any town where a Pravex-Bank outlet is located.
• It allows transferring any (without limitation) amounts of money transfers not only in UAH, but in USD and EUR on the territory of Ukraine.
• A bank account is not required to carry out national currency money transfers; for foreign currency transfers, an account shall be opened immediately at the place of the sending (free).
• Low tariffs that are competitive compared to similar systems of other banks operating in Ukraine.
• A bank commission is paid by the sender only; cash payment of the transfer is free.
• A free message (up to 100 symbols) can be sent to the beneficiary with the transfer.

• How to send a transfer?

The sender needs to apply to any of the 449 branches in Ukraine and send a transfer:

• by submitting the cash to the Bank's cash office;
• by submitting the application on the money transfer from the current account in the national and foreign currencies.

To send a transfer, you need to provide your passport or other identity document, and fill in the requisite form.

• for a cash transfer - without limitation of the amount;*
• for carrying out a transfer from the account - within the balance of the account.

* A free account is opened for foreign currency transfers.

Additional documents for sending a transfer in the Pravex-Telegraph system if the amount exceeds UAH 50 000:

• original of the PIN certificate - for residents;
• for money transfers in USD and EUR regardless of the amount - documents confirming the origin of the foreign currency cash for non-residents.

While carrying out a transfer in USD and EUR, a cash and settlement service fee is charged in the national currency of Ukraine.

Individuals and legal entities - clients of other Ukrainian banks* - can also use this service, sending the transfer to the following details:

MFO - 321983;
OKPO - 14360920;
Transfer account No.- 290980000117;
Beneficiary - PJSCCB PRAVEX-BANK (on call transfers).

To accelerate the process of transfer placement and payment, we ask that you necessarily indicate the following information in the payment details:

«On call transfer in favor of the beneficiary (full name of beneficiary), registration address, passport data (if applicable) of the beneficiary, and cash and settlement fee».

Details of payment outlets have been indicated hereinbefore.

* - transfers are possible in the national currency of Ukraine only, without limitation of the amount. A cash and settlement service fee will be remitted together with the transfer amount according to the bank's tariffs.

• How to receive a transfer?

The beneficiary needs to apply to any of the 449 branches on the territory of Ukraine. For a transfer search, the beneficiary must indicate the sender's name, transfer registration (control) number, exact transfer amount and currency, and the city from where it was sent.

To receive the transfer in the Pravex-Telegraph system, you should provide the following documents:

• passport or substituting document.

Over UAH 50 000 (or for opening an account)

• passport or substituting document;
• original of the TIN certificate - for resident.

The beneficiary shall fill in the form in block letters on his own.

The beneficiary's passport data must be indicated while receiving the transfer.

The beneficiary is not charged any fee for the transfer.

For foreign currency transfers, opening an account for the beneficiary for free.

If the transfer is carried out in an amount over UAH 50 000 or its foreign currency equivalent at the NBU exchange rate for the transaction day, passport or substituting document data must be indicated in the receiving reports.

You can clarify all the necessary details by phone, or when you visit any office of our Bank, whether the Head Office or any branch.

•Pravex-Telegraph transfer tariffs

* A cash and settlement services fee for carrying out Pravex-Telegraph money transfers in foreign currency is charged in the national currency at the NBU exchange rate.

All foreign currency transfers are regulated by the currency legislation of Ukraine.

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