Privatbank Offers Free Money Transfers Between Russia And Ukraine

Ukraine-based Privatbank announced the launch its PrivatMoney service that enables users to make money transfers from Russia to Ukraine with zero fees, reported Finextra. This means Privatbank has become the first bank in Eastern Europe to offer money transfer services with no fees.

PrivatMoney transfers can be completed at over 1900 branch locations, 560 ATMs or self-service terminals owned by the bank. No Commission can also transfer money to Ukraine to branch partners of Privatbank in Russia.

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