Sending money to Ukraine with Revolut

Emma Potter

 · 03/03/2022  · 03/03/2022

Since the outset of the events in Ukraine, we’ve done everything in our power to make sure that people trying to send money to or from Ukrainian banks are able to do so.

Here’s all you need to know about sending money to Ukraine using Revolut.

How to send money to Ukraine

First, tap ‘Transfer’ in the app, then tap ‘New’ in the top right corner. Select ‘Add a bank recipient’ from the list.

Select ‘Ukraine’ and choose the currency (USD, EUR, GBP, or one of our other currencies). Most banks can receive transfers in major currencies like EUR or USD, but please make sure that the recipient bank can accept the currency that you’re sending, or it may be rejected.

Next, you’ll need your recipient’s account number or IBAN, and their SWIFT/BIC code.

IBAN codes in Ukraine follow the standardised IBAN format consisting of the UA country code followed by 27 digits (29 characters total). Account numbers usually consist of 14 characters, although this can vary.

The SWIFT/BIC code usually has 8 or 11 characters where the fifth and sixth characters are Ukraine’s country code (for example, XXXXUAXX). Three additional characters may follow to identify a particular bank branch.

Once you’ve added the recipient, enter the amount on the next page and tap ‘Continue’. You'll be able to review your transfer before you send it.

Costs of transferring money to Ukraine

On 26 February, we waived international payment fees for sending money to a Ukrainian bank account for 30 days. We’ve also extended our fee waiver to include foreign exchange fees on transfers to Ukrainian bank accounts.

Intermediary and recipient banks may deduct fees from the amount sent.

Currencies that can be sent to Ukraine

We support 25+ currencies to Ukraine. As we mentioned, most banks will be able to accept major currencies like EUR or USD, but just remember to double check with the recipient bank before you send to avoid your transfer being rejected.

How long transfers take

International transfers to Ukraine usually arrive within 3 business days. You can check the live status of your transfer in-app using our transfer tracker.

Things to remember

  1. Our international payment fee and foreign exchange fee waiver ends at 12:00AM UTC on March 28, 2022
  2. The fees being waived on transfers to Ukraine are those referenced under 'All other international payments' and ‘Exchange’ in the Terms and Conditions
  3. Intermediary and recipient banks may deduct fees from the amount sent
  4. All regular transfer minimum and maximum limits apply