The money is transferred to the recipient's card or account in Ukraine directly in hryvnias (cards of any Ukrainian issuing banks are supported). Paysend also allows you to make money transfers to Ukraine to a mobile phone number by using the Paysend Link feature.
How to transfer money to an IBAN account?
IBAN is an international bank account number consisting of 29 characters (letters and numbers). With its help, financial transactions between institutions from different countries are carried out. To send money by IBAN via Paysend, you only need to find out the recipient's bank account number.
It should also be noted that Paysend simplified the use of financial services for Ukrainian citizens in Europe. Now citizens of Ukraine in the territory of the European Union can open a multi-currency account and receive a Paysend payment card.
What is the fee for sending money by Paysend?
For new Paysend users, the first transfer to the card will be free. Already registered users can also send funds for free once a month. There is a fixed fee for international transfers with conversion for each country. The Strumok service does not charge any additional or hidden fees directly.
How long does a money transfer take?
95% of transfers are processed instantly - after a few minutes the addressee can receive funds on the card. Transfers to bank accounts can take up to 5 business days, but are usually processed the same day.
How to track a Paysend money transfer?
The Paysend payment service is completely transparent. You can always check the status of the transfer in your personal account on the website or using the mobile application.