Money transfers from Italy to Ukraine

Even before the war, Italy was the second country in Europe where Ukrainian citizens lived and worked. More than 116,000 Ukrainian refugees have been forced to arrive in Italy since Russia's full-scale invasion on February 24, 2022. This relocation of a significant number of Ukrainians to Italy and their employment leads to a growth of demand for remittances and answers to common questions. How to save on money transfers while sending money from Italy to Ukraine to their loved ones?

How does international money transfer comparison and selection service Strumok work?

Strumok online service is designed so that you can save money, time and effort in finding the best payment service provider when making a money transfer. Thanks to Strumok, you can instantly compare most possible ways of international money transfer from Italy to Ukraine by pressing just a few keys of your mobile, tablet or PC.

Select Italy as the sending country and Ukraine in the menu of the receiving country;
Enter the desired amount of money transfer;
Choose the currency in which you send money and want to receive a money transfer;
Click the "Compare".

The comparison and selection of services of the international money transfer operator from Italy to Ukraine is not a quick process, and the choice is not always obvious.

The complexity is due to the sufficient variety of existing options for money transfers, and even exchange rates and the size of the fees of payment service providers are constantly changing.

The online-service Strumok gives you the opportunity 24/7 in your native language and in a matter of seconds to compare fee-free and secure money transfer offers to choose the best option that meets your search criteria.

Strumok compares the offers of numerous international money transfer operators that transfer funds from Italy to Ukraine, including banks, world-famous payment services and new fintech startups.

Thanks to the built-in integrations, on the Strumok service you can instantly compare offers of various operators of international money transfers to choose the best option just for you.

All payment service providers listed on the Strumok platform are verified, licensed and guarantee security when making international transfers.

How to quickly transfer money from Italy to Ukraine?

If you need to remit money as soon as possible, while converting the euro into hryvnia, there are some steps that will help you speed up the transaction. You can pay for your transfer in cash, as well as ask the recipient to receive cash - this method will speed up the transfer of money.

However, cash transactions may not be completely secure, as the places of sending and receiving funds are located in regular stores, shopping malls and other public areas. Also, due to the additional costs associated with maintaining these locations physically, cash transactions tend to have a less attractive exchange rate, and agents charge a higher fee.

So, another option for a quick transfer of money from Italy to Ukraine is to send it cashless to a payment card or bank account. These transactions may be a little slower compared to cash transfers, but they are more convenient, secure and less costly. There is also a compromise option, in which the sender pays for a money transfer from Italy in non-cash form, and you can get money in Ukraine in cash. This fast, secure and economical option of money transfer is also offered by the operators with whom the Strumok service cooperates.

How to transfer money from Italy to Ukraine through a bank?

Banks offer a safe, but not always fast and profitable way to transfer money. These financial institutions make money on international money transfers, charging high transaction fees and providing a less attractive exchange rate of the euro against the hryvnia. Sometimes, the actual transaction fee may not be as high, but the exchange rate may be much lower, which essentially means a hidden fee, as the cost of the money transfer for you is still rising.

To save as much money as possible when sending money abroad, you need to make sure that the recipient of the money receives the largest amount. One easy way to achieve this is to minimize all possible fees for transferring money from Italy to Ukraine. We recommend that you rely on Strumok - the comparison and selection service of international money transfer operators. Strumok helps to choose the most profitable and safe option for you and the money recipient.