Send Money to Ukraine

Exchange rates better than babusya’s borsch

How to Send Money to Ukraine 

  1. Gather the relevant banking information, including the name on the recipient’s bank account, the MFO code, the IBAN number, and the SWIFT/BIC code.
  2. Create a free online account with OFX, or login to get a live quote for your money transfer.
  3. Enter your details and those of your recipient.
  4. Choose ‘finalize transaction’ to process your payment.

It’s easy and affordable to send money to Ukraine using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.

When sending money to Ukraine, keep in mind that different tax regulations may apply to sending large sums of money overseas depending on many factors including:

  • how the money is going to be used
  • how much you are sending
  • the source of the funds
  • if the money has been taxed elsewhere

For example, supporting family members by paying for living expenses is usually considered different from sending large sums of money abroad as a gift. See our Guide to Sending Money to Family Abroad for more details.

How to send money to Ukraine at a great exchange rate

When looking at exchange rates, it’s important to know that the value of the hryvnia (UAH) may be influenced by inflation rates, as the National Bank of Ukraine works under the inflation targeting framework and its objective is the maintenance of price stability. If you want to read up on the factors that influence the value of other currencies, head over to the Exchange Rates section of our site.

Ukraine Money Transfers - FAQ

Wondering how to send money to Ukraine? We've got the smart, secure way to exchange your U.S dollars for euros. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.

Is there any limit on how much money I can send to Ukraine?

No. OFX works well for both businesses and individuals.   

Can I send money from a Ukrainian bank account to the U.S?

Sure. If you live in Ukraine, you’ll want to complete your registration with our UK branch. If you live in the U.S, register now to send money to Ukraine with your U.S bank account. 

Does OFX transfer money to all Ukrainian banks? 

  • PrivatBank
  • Oschadbank
  • Ukreximbank
  • Raiffeisen Bank Aval

The OFX-factor:

You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open. Need a quote? Need it ASAP? Need to talk to someone about your mother? We’re here for you.

When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter. 

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