Send money to Ukraine

How to make payments to Ukraine safely and quickly

Information verified correct on April 28th, 2017

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.

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.

Rates last updated April 28th, 2017

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Ofx Logo

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

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 1,000 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
Payoneer International Money Transfers
Ideal for worldwide business payments ... Ideal for worldwide business payments to more than 200 countries and 150 currencies.
USD 20
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know
Rates last updated April 28th, 2017

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

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

Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Wyre International Money Transfers
No transfer fees for finder... No transfer fees for finder.com readers. Make transfers with Bitcoin.
OnlinePhone
Rates are always
changing, click to check
your price today
Go to site More
World First Foreign Exchange
Exclusive offer: $0 transfer fee ... Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
USD 1,000 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
WorldRemit International Money Transfers
Use promo code FREE to ... Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.
USD 1 Within an hour
OnlineCash Transfer
Rates are always
changing, click to check
your price today
Go to site More
TransferWise International Money Transfers
Enjoy high maximum transfers into ... Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
OFX International Money Transfers
Send safe... Send safe, no-limit transfers with no fees and competitive exchange rates.
USD 150 1 day
Online
Rates are always
changing, click to check
your price today
Go to site More
HiFX International Money Transfers
Transfer money into 20 currencies ... Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.
USD 100 2 days
Online
Rates are always
changing, click to check
your price today
Go to site More
TorFX International Money Transfers
No hidden fees and a ... No hidden fees and a best rate guarantee for 60 global currencies.
USD 150 1 day
OnlinePhoneAgent
Rates are always
changing, click to check
your price today
Go to site More
Wells Fargo Bank
While more expensive than other ... While more expensive than other options, securely send money to 13 Latin American and Asian countries.
USD 1 1 day
Online
Rates are always
changing, click to check
your price today
More

Have we missed anything in the comparison table? Tell us

  • If the provider quotes a different rate to the one above please let us know

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com privacy policy
Ofx Logo

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.

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Why 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 rate1 USD = 26.683 UAH1 USD = 29.595 UAH
Transfer fee$0$25
Transfer speed1 business day1 to 2 business days
Transfer method
Bank account depositBank account deposit
Total hryvnia received
26,683 UAH29,565 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.

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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:

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.

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How 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.
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Foreign exchange rates explained
The exchange rate determines how much one country’s currency is worth in another currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Most countries’ exchange rates are flexible, which means they can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.

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.
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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.

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Cash 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

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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.
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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

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US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

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