Find a safe international money transfer specialist that won’t break your business bottom line.
When you need to get money to businesses or others in Ukraine, the last thing you want to deal with is navigating a potentially complicated and expensive process. Frequent international payments can become a significant business expense.
But sending money from the US to Ukraine doesn’t have to be expensive. Compare transfer fees and exchange rates of your many options to get the most Ukrainian hryvnias for your dollar.
World First International Money Transfers
Special $0 fee offer for finder.com readers
Because World First is a trusted partner of finder.com, you can send your money transfer overseas for free.
No fees: There is no online transfer fee for all finder.com customers.
- Enjoy competitive exchange rates.
- Spot contracts, forward contracts and limit orders are available.
- Receive weekly updates on market exchange rates.
Compare money transfers to Ukraine
Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Ukraine with our money transfer partners.
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.
With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:
- Buying property abroad
- Emigrating
- Regular overseas payments
- Risk management
- Forecasting
Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.
With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:
- Buying property abroad
- Emigrating
- Regular overseas payments
- Risk management
- Forecasting
How do international money transfers work?
An international money transfer allows you to send money to businesses, friends and family overseas. Generally, it involves you sending cash or money from your bank account to an intermediary transfer service or bank, which then exchanges and sends the money to your recipient in another country — in this case, Ukraine.
Depending on the provider, you can initiate a money transfer in person, online or by phone. Your cash or bank account transfer is then either deposited into your recipient’s bank account or mobile wallet. With some providers, it can be made available as cash for pickup at a location in their country.
Back to topWhy should I compare my options beyond my bank?
For business owners, time can sometimes be more valuable than money. You may think that because it handles your other finances, your local bank is the simplest option when sending money overseas. In truth, international money transfers are no longer a game for only tried-and-true players like banks. Newer companies promise to undercut the competition to earn your business.
Because banks offer a diverse range of financial products and services, their exchange rates can be among the weakest around. Poor exchange rates and high fees — as high as $64 per international transfer — can take up a sizable chunk of the amount you’re sending.
Not to mention that Ukrainian hryvnia is a rare currency in global markets, which means you might need to send US dollars or euros from your bank and expect your recipient’s bank to convert them into hryvnia on arrival.
A reputable money transfer specialist can offer better exchange rates and also charge lower fees — typically offering more flexible options for business payments — resulting in savings for you and more Ukrainian hryvnia for your recipient.
Case Study: Oleg buys machinery from Ukraine
Oleg has lived in the US for more than 10 years, running a manufacturing business that relies on complicated machinery. About twice a year, he buys specialized machinery from a producer in Kiev. Each machine can run $1,000 or more.Oleg typically uses a business account at his local bank to transfer money to buy his equipment. But he’s slowly becoming aware of money transfer companies available that might offer a cheaper alternative. He compares two well-known money transfer providers when sending $1,000 to find the best deal.
| Money Transfer Service A | Money Transfer Service B | |
|---|---|---|
| Exchange rate | 1 USD = 26.683 UAH | 1 USD = 29.595 UAH |
| Transfer fee | $0 | $25 |
| Transfer speed | 1 business day | 1 to 2 business days |
| Transfer method | Bank account deposit | Bank account deposit |
| Total hryvnia received | 26,683 UAH | 29,565 UAH |
Oleg discovers the importance of comparing fees against exchange rates. Even though Service A doesn’t charge a transfer fee, it offers a weaker exchange rate than Service B. Oleg can send more money toward his equipment with Service B, saving more dollars for himself.
Save on your business payments with hedging options
Many global payment providers offer flexible tools that can protect your international payments against the rapidly fluctuating market — and help you predict when it’s best to make your payments. These “hedging” and planning tools include:
- Forward contracts. If the current exchange rate is in your favor, a forward contract could allow you to lock it in for future transactions — sometimes as far as two years into the future.
- Limit orders. Specify your ideal exchange rate with a limit order, and when the market reaches that rate, it’s locked in for you to complete your money transfer.
- Recurring payments. For weekly, monthly or quarterly overseas payments, many services will automatically convert and send your dollars to accounts and businesses worldwide.
Forex options with a trusted broker
Whether you’re importing goods or simply sending money to family in your home country, a regulated currency broker could get you a better deal when transferring money internationally. Unlike a bank, these brokers focus only on quickly and safely trading currencies for individuals and businesses.
To get started with a broker, click on the “speak to a broker” tab on the table above.
Back to topHow should I compare money transfer services to Ukraine?
While exchange rates and transfer fees affect how much you’ll pay, you’ll also need to consider how quickly your money needs to get to where it’s going, among other factors.
- Exchange rates. Nearly all providers skew exchange rates for a profit. Look for a company that’s close to the mid-market rate — or the rate banks and transfer services use when trading among themselves. Remember that companies with strong exchange rates may also require higher fees.
- Transfer fees. Find out whether the provider charges a flat fee or a percentage of your transfer. If you’re sending a large payment, ask whether you qualify for a fee-free transfer.
- “Hedging” options. Ask whether you can schedule payments ahead of time or protect your transfer against market fluctuations with a limit order or forward contract.
- Payment and delivery options. Some transfer companies allow you to pay with a credit card online, by phone or through an app. Others offer agent locations for cash payments and pickups. Also ask how your recipient can receive your funds: bank account, cash pickup, mobile wallet and more.
- Transfer speeds. If it needs to be there fast, companies like Western Union and MoneyGram allow for quick cash pickups, often in minutes. If you have more time, you’ll get better rates and fees with an independent provider.
- Transfer limits. Your best option might depend on how much you want to send. For large transfers, weigh the best exchange rate — especially since providers encourage large transfers by offering low fees. For smaller amounts, consider the fees you’ll pay on top of the exchange rate.
- Customer support. Most companies offer customer service by Internet chat, phone, in person or by email. Make sure help will be available if you need it.
Options for sending money to Ukraine from America
- Bank transfers. Many major US banks will allow you to wire money to a Ukrainian bank account. However, a downside is the frustratingly high fees and weak exchange rates you’ll typically receive.
- Online money transfer services. Trusted providers make it simple and convenient to send money from your business or home to Ukraine.
- Providers with cash pickup. Companies like Western Union, MoneyGram and Ria offer the option of cash pickups from thousands of agent locations across Ukraine.
- Peer-to-peer apps. Venmo, Circle and PayPal are just a few of the apps you can use to send money to Ukraine.
- Checks and money orders. Although not a quick option, you could send an international check overseas, obtained from your bank or US Postal Service.
Emergency cash transfers in Ukraine
You might need to send an emergency cash transfer to Ukraine. When you need to transfer funds urgently, your fastest possible transfer will often be your most expensive option. Carefully review the exchange rate and transfer fee against your needs so that you understand exactly how much it will cost you.
Back to topCash pickup locations
Western Union, MoneyGram and Ria provide the three largest money transfer networks in the world, with thousands of agent locations around the globe. You’ll need to pass your transaction reference number on to your recipient to allow them to pick up your funds. They’ll also need to bring along a photo ID.
Find a money transfer location near you
Tips for picking up cash in Ukraine
Whether picking up funds in Kiev or anywhere else around the world, take a few simple safety precautions to prevent yourself becoming a target for thieves.
- Call ahead. Learn the company’s business hours and choose a safe time to pick up your cash. Daylight hours are best.
- Bring a friend. Carrying money when alone can be dangerous. Ask a friend to come along.
- Deposit your money immediately. The likelihood of losing your money to theft or simple carelessness grows the longer you have it with you. Go straight to a bank and deposit your cash as soon as possible.
- Keep your cash hidden. Place your money in your purse or wallet before leaving the office. Carrying cash out in the open could make you a target.
How to send money to Ukraine
Whether you send money through your bank, a money transfer provider or any other option, you’ll need to first register for an account with a provider, supplying your name, address, contact details, proof of ID and information about your selected payment method.
Keep a record of any transaction reference number you receive so that you can review the progress of your transfer.
You have multiple options to choose from when sending money to Ukraine from the United States. To get the best value for money for your international money transfer, compare the benefits and features of competing services before selecting a provider.
Compare live USD > UAH exchange rates
Cash pickup locations in Ukraine
Kiev
Worldremit
OSCHADBANK, Tobo 10026/0147 (INTELEXPRESS)
Address: Obolonskij ave., 14
Hours: 9:00 AM – 7:00 PM
Phone: +380-44-2054171
VIDDILLENYA “Kiivs Ka Oblasna Direkciya” PAT “Mib” (IntelExpress)
Address: Kiev vul. Mikoli Grinchenka, bud. 2/1 “A”
Hours: 9:00 AM – 6:00 PM
Phone: +380-44-3644640
VIDDILLENYA “Kiivs Ka Regional Na Direkciya” PAT “Mib” (IntelExpress)
Address: Kiev vul. Vorovs kogo, 9
Hours: 9:00 AM – 6:00 PM
Phone: +380-44-7870059
Moneygram
ASVIO BANK
Address: Mezhigirska Street 83 Kyiv, 04080
Hours: 9:00 AM – 6:00 PM
Phone: +380-44-2054026
OSCHADBANK – TOBO – 10026-0869
Address: Scherbakovskogo Daniila Ulitsa 37 Kyiv, 04111
Hours: 9:00 AM – 7:00 PM
Phone: +380-44-4863517
EXPRESS-BANK – KYIV – CENTRALNIY OFIS
Address: Povitroflotski Prospekt 25 Kyiv, 03049
Hours: 9:00 AM – 4:00 PM
Phone: +380-44-2488548
Western Union
FIRST UKRAINIAN INTERNATIONAL BANK
Address: Kostyantynivska Str. 15a Kyiv, Kyivska 04071
Hours: 9:00 AM – 6:00 PM
Phone: +380-44-3641055
FUIB
Address: Dniprovska Naberezhna 16a Kyiv, Kyivska 2098
Hours: 9:00 AM – 8:30 PM
Phone: +380-44-2518563
TASCOMBANK JSC
Address: M Tymoshenka 21 Korp 6 A Kyiv, Kyivska 4212
Hours: 9:00 AM – 8:00 PM
Phone: +380-44-4899123
Kharkiv
Worldremit
ARTEM-BANK BRANCH 172
Address: Chernyshevska Str.,1
Hours: 9:00 AM – 6:00 PM
Phone: +380-57- 7064405
ARTEM-BANK BRANCH 74
Address: Shevchenko Str., 111A, 14
Hours: 9:00 AM – 6:00 PM
Phone: +380- 44-3383650
UKRGAZBANK Branch 270
Address: Str. Kosmicheskaya, 20
Hours: 9:00 AM – 7:00 PM
Phone: +380- 44-3383650
Moneygram
OSCHADBANK – ROGANSKAYA STREET 132A
Address: Roganska 132A Kharkiv, 61172
Hours: 12:00 AM – 11:59 PM
Phone: +380-57-3971232
OSCHADBANK – 50-LETIYA VLKSM AVENUE 56
Address: 50-Richchia Vlksm Prospekt 56 Kharkiv, 61153
Hours: 9:00 AM – 5:20 PM
Phone: +380-57-57621143
UNIVERSAL BANK
Address: Chervonoshkilna Naberezhna 22 Kharkiv, 61000
Hours: 9:00 AM – 5:00 PM
Phone: +380-57-7280759
Western Union
FIRST UKRAINIAN INTERNATIONAL BANK
Address: Maydan Konstytutsii 21/2 Kharkiv, Kharkivska 61003
Hours: 9:00 AM – 6:00 PM
Phone: +380-57-7524556
PRIVATBANK
Address: Donets Zakharzhevskogo St 1 3 Kharkiv, Kharkivska 61057
Hours: 9:00 AM – 6:00 PM
Phone:+38-056-7161131
AVAL BANK
Address: Universitetska Str 2 Kharkiv, Kharkivska 61003
Hours: 9:00 AM – 6:00 PM
Phone: +380-800-500500
Odesa
Worldremit
INTERNATIONAL INVESTMENT BANK, BRANCH 13
Address: 12 Khmelnitski str.
Hours: 9:30AM – 5:00 PM
Phone: +380-48-3644643
ARTEM-BANK BRANCH 2
Address: Troyitska Str., 33A
Hours: 9:00 AM – 6:00 PM
Phone: +380-44-3383650
UKRGAZBANK BRANCH 197
Address: Troyitska Str., 33A
Hours: 9:00 AM – 4:00 PM
Phone: +380-44-3383650
Moneygram
UKRSTROYINVESTBANK
Address: Gimnazychna Street 26 Odesa, 51612
Hours: 9:00 AM – 6:00 PM
Phone: +380-48-2323126
OSCHADBANK – #100150559 – TOBO
Address: Sadova 14 Odesa, 65023
Hours: 10:00 AM – 6:00 PM
Phone: +380-48-7320907
VS BANK
Address: Sobornaya Ploschad 1 Odesa, 65023
Hours: 9:15 AM – 5:30 PM
Phone: +380-48-7220390
Western Union
FIRST UKRAINIAN INTERNATIONAL BANK
Address: Ryshelievska Str. 54 Odesa, Odeska 65125
Hours: 9:00 AM – 6:00 PM
Phone: +380-48-7220309
PRIVATBANK
Address: Karetnyy St. 18 Odesa, Odeska 65000
Hours: 9:00 AM – 6:00 PM
Phone: +380-56-7161131
UKRGAZBANK
Address: Lva Tolstogo 20 Str Odesa, Odeska 65020
Hours: 9:00 AM – 5:00 PM
Phone: +380-48-7261890
