Today, there are many ways to transfer funds from one country to another, from a bank transfer to an instant payment service. For transactions in neighboring countries, a special tariff schedule is provided . For example, remittances from Ukraine to Russia are cheaper than to EU countries.
Essence
The procedure itself is simple. It takes no more than 15 minutes. A person needs to fill out a special form in the bank, indicating his full name in it. the recipient, his phone number and amount. Then this paper is transferred to the cashier along with a passport and money. The transfer is assigned a unique number that must be communicated to the recipient. With the development of Internet banking, customers can fill out an application without leaving home.
The situation in the Ukrainian market
In 2013, 31% of users preferred the Western Union service. The second place was occupied by Golden Crown (18%), then Unistream (12%), Contact and MoneyGram (9% each). Such a ranking is justified. For example, Western Union has branches in more than 200 countries around the world. But the commission for the payment is rather big (from 6%).
Unistream users, having paid 1-5%, can send funds, say, to the USA, but not to every city. Money transfers from Ukraine to Russia through these services are carried out instantly, the funds "wait" for the owner for 2 months. And thanks to the proximity of countries, the transfer fee is minimal.
Equally popular is the PrivatMoney system from the same credit institution. Thanks to the developed network of branches, money can be transferred at preferential rates between the cities of Ukraine, Russia and the CIS countries.
System | Direction | Address
destination | Commission |
PrivatMoney | CIS and Ukraine | doesn't have
values | 1-5% |
Anelik | anywhere in the world | Odessa, Privat-Bank | 1-3% |
"Contact" | CIS | doesn't have
values | 2% |
Western Union | anywhere in the world | doesn't have
values | 6-16% |
International systems such as Anelik, Contact, VMT are represented to a lesser extent. But they have a wide network of branches and tariffs are reasonable. For an urgent transfer you will have to pay 1.5-3%. Via Contact you can send funds to Spain, Italy, the Czech Republic and other countries. UNIStream actively accepts applications to Turkey, and VMT - to the CIS and Baltic countries.
Tariff reduction
In Ukraine there are more than 20 international systems. Market leaders are pushing the cost of services down. Translation within the country will cost the user 1-1.5%. Almost all money transfer systems, except for reduced tariffs, offer their customers discount cards. They significantly speed up the maintenance process. And the numerous partner networks through which you can arrange a transfer only increase the popularity of such services.
Family care
Money transfers to relatives between countries can be sent using a card through an ATM, terminal or mobile banking. Applications are accepted at any time of the day. The fee is paid by the sender.
Moneygram
The largest money transfer system operates in 196 countries. Its partners in the CIS countries are 160 banks through which you can send and receive a transfer without having a plastic card on hand. The amount is limited to 10 thousand dollars. The commission ranges from 12 to 300 dollars. Funds are available for withdrawal 10 minutes after application. To receive money, you need to contact the MoneyGram agent, submit your passport, fill out the form and provide the transaction number.
Golden Crown and Unistream: money transfers for individuals
The most popular systems in the Russian Federation accept applications for the transfer of rubles, dollars, euros, and execute them in 10 minutes. But it is worth considering time zones and the difference in the time of work of branches. Money transfers from Ukraine to Russia through Unistream are charged at the rate of 0.7%, to the CIS countries - 1%. Funds can be transferred without opening an account. The sender must inform not only the transfer number, but also the address of the point of issue. From this point of view, UNIStream is drowning in the Golden Crown. This service, in principle, differs from all previously considered. The transfer can be made through self-service ATMs (if you have a Corn card), indicating the recipient's phone number, country and city as details. The recipient himself decides through which bank he will receive the funds. A great advantage of the service is also the free sending of SMS notifications with the transaction number.
Contact
Instant money transfer systems are good because the funds are available for withdrawal in a few minutes. From this point of view, the market leader is Contact. Through the Russian service, you can transfer rubles, dollars and euros to the CIS countries and foreign countries. Funds are available for withdrawal within 1 minute after registration of the application. The recipient learns about this from the SMS message in which the transaction code is indicated. The service offers such unique opportunities for receiving money:
- transfer funds to a mobile account;
- deliver a money transfer to your home, including in the form of a check;
- transfer funds to a legal entity's account in order to repay a loan or pay for services.
Conclusion
Money transfers from Ukraine to Russia can be sent by any of the available international services, including through the banking system, if the accounts with the sender and the recipient are opened in the same credit organization. The commission for such a transaction does not exceed 1.5-2%. The cheapest will be transfers through the Golden Crown, Unistream and Contact, since all these services are Russian. But in MoneyGram you have to pay a fixed amount of $ 2.5.