
If you're looking to wire money to Ukraine, you have several options to consider. TransferWise is a popular choice, offering competitive exchange rates and low fees.
To give you a better idea of the costs involved, TransferWise charges a fee of 0.5% to 2% of the transfer amount, depending on the payment method.
One thing to keep in mind is that TransferWise's fees can add up quickly, especially for larger transfers. For example, a $1,000 transfer could incur a fee of $5 to $20.
Western Union is another option for wiring money to Ukraine, with over 5,000 locations worldwide.
Broaden your view: Transferwise Receipt
Ways to Transfer Money
Sending money to Ukraine can be a complex process, but with the right knowledge, you can navigate it smoothly. There are several ways to transfer money to Ukraine, and the best method for you will depend on your specific needs and preferences.
Online money transfer providers offer competitive exchange rates and lower fees than banks, making them a popular choice for sending money abroad. They also often provide better rates than local banks when buying US dollars or hryvnias.
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Bank transfers are another option, but they can be slower and more expensive, with US banks adding a 3% to 6% markup onto exchange rates. However, they are often convenient and easy to use.
If you need your money to arrive quickly, cash pickup is a fast and reliable option, with your recipient receiving instant access to the money when they collect it from an agent location in Ukraine.
Mobile wallets, like electronic wallets, allow users to store, send, and receive eligible currencies using their phone, often with fees attached. Home delivery is also an option, where your recipient receives the cash at their doorstep.
The safest way to send money to Ukraine is to use a provider registered with the United States's industry regulator, the Consumer Financial Protection Bureau. This ensures that the provider complies with relevant laws and regulations in both the US and Ukraine.
To make a sizable money transfer to Ukraine, consider using a provider that specializes in handling large transfer amounts. These providers often offer tax guidance, foreign exchange tools, and personal account managers to help with your transfer needs.
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For large transfers, it's essential to research the provider's fees and exchange rates to ensure you get the best deal. Some providers may charge higher fees or have less favorable exchange rates for larger transfers.
Depending on the service used, deposit options can affect the speed and cost of your transfer to Ukraine. Bank transfers are often cheaper but can take up to 3 business days to reach Ukraine.
Here are some common deposit methods for sending money to Ukraine:
- Bank transfers: Cheaper but slower (up to 3 business days)
- Debit card transfers: Faster but slightly more expensive
- Credit card transfers: More expensive and may incur cash advance fees
Wise is a popular option for sending money to Ukraine, offering competitive exchange rates and low fees. With Wise, you can expect to pay $4.94 per transfer with a 0.49% markup on the UAH mid-market rate.
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Safe and Reliable Transfers
Sending money to Ukraine can be a daunting task, but with the right provider, you can ensure a safe and reliable transfer. Use a provider registered with the United States's industry regulator, the Consumer Financial Protection Bureau, for added security.
It's essential to choose a money transfer provider that complies with the relevant laws and regulations in both the United States and Ukraine. All the companies we've compared offer this level of oversight.
To ensure the safety of your transfer, make sure to use a regulated money transfer provider. All the services supporting Ukraine on our site are secure and regulated by recognized financial authorities.
When selecting a provider, consider the cost, transfer type, and turnaround time. Compare the exchange rates, transfer fees, and transfer speed to find the best option for your needs.
Here are some key features to review when choosing a money transfer provider:
- Exchange rates: Compare the UAH you're offered to the mid-market rate and look for the smallest difference.
- Transfer fees: Check if you're being charged a flat fee or a percentage of your transfer amount.
- Transfer type: Consider whether your recipient has a Ukrainian bank account or if cash or cell phone top-up is a better option.
- Transfer speed: If you need your transfer to arrive quickly, you can pay for an express delivery.
- Transfer limits: Find out how much you can send with each service.
- Discounts: Some providers may offer you a free transfer simply for signing up or a discount if you transfer more than a specific amount of hryvnias.
Transfer Options
You can send money to Ukraine using various transfer options, each with its own set of benefits and drawbacks.
Bank transfers are a standard option, but they can take up to 3 business days for the money to reach Ukraine and may incur higher fees.

Online money transfer providers like Revolut and Wise offer competitive exchange rates and lower fees, making them a more cost-effective option.
Cash pickup is a fast option, but it can be more expensive, with fees ranging from $0 to $4.6 per transfer.
Mobile wallets and home delivery are also available, but they often come with additional fees.
If you're looking for the cheapest option, Revolut is the way to go, with a 0.19% markup on the UAH exchange rate and a flat fee of $0 per transfer.
Here are some of the top transfer options for sending money to Ukraine:
Transfer Timing and Costs
Online providers like Wise (TransferWise) and MoneyGram can offer transfers to Ukraine within minutes, but you'll likely pay a premium for the convenience.
Actual transfer times depend on several factors, including transfer amount, payment method, and currency.
Bank transfers are the cheapest funding method, often costing up to $0 per transfer.
Cheapest Way
The cheapest way to send money to Ukraine is often a puzzle, but we've got some answers. Revolut consistently offers the cheapest money transfer UAH to Ukraine, appearing in 84.6% of our searches as the most cost-effective option.
Revolut charges $0 per transfer to Ukraine and applies a 0.19% markup on the UAH exchange rate. This makes it a great choice for those looking to save money on transfer fees. The company also recommends using a Bank transfer deposit to maximize the amount of UAH received.
Bank transfers are typically the cheapest way to get your money to Ukraine, with MoneyGram and Wise (TransferWise) having some of the lowest bank transfer fees of the brands we've compared.
Here are the key factors to consider when hunting down the cheapest ways to send money to Ukraine:
- Transfer fees: Some money transfer services charge a fixed or percentage-based fee for making your transfer.
- Exchange rates: Money transfer providers may add a margin to the mid-market USD/UAH exchange rate, affecting the amount your recipient receives.
By comparing these elements, you can find the best value for your transfer.
Transfer Costs
Transfer costs can be a real pain, especially when sending money internationally. Transfer fees can range from $0 to $4.6, depending on the service and payment method you choose.

Bank transfers typically have the lowest fees, often costing up to $0 per transfer. This is because bank transfers are a standard deposit method used for sending money to Ukraine.
Debit card transfers, on the other hand, may cost up to $4.6 per transfer. Credit cards can also come with cash advance fees and increased rates, and can cost as much as $0 per transfer to Ukraine.
The markup on the UAH exchange rate can also impact the cost of your transfer. Some providers may charge the mid-market rate but add fees on top, while others may have very low fees but apply a markup on the exchange rate.
Here's a rough breakdown of the costs associated with different funding methods:
Keep in mind that these costs can add up quickly, so it's essential to compare exactly how many hryvnias your recipient will end up with.
Large and Complex Transfers
If you need to make a sizable money transfer to Ukraine, consider using a provider that specializes in handling larger transfer amounts. A transfer specialist can help you navigate tax implications and get you up to speed on the IRS's latest advice.
Tax guidance is crucial for large transfers to Ukraine, and a transfer specialist can provide valuable insights. Advanced tools such as forward contracts, limit orders, and stop-loss orders can also help you lock in the UAH exchange rate you want.
A personal account manager can be assigned to help and advise you on your transfer needs. If you want to talk your transfer through with someone, providers like Wise (TransferWise) and MoneyGram can give you support over the phone.
Wise consistently ranked as the top choice for large UAH transfers, charging only $4.94 per transfer to Ukraine and applying a 0.49% markup on the UAH exchange rate.
To ensure a smooth and secure process, consider factors like transfer limits, markup on the UAH rate, customer service, and any legal, tax, or government-imposed restrictions in Ukraine.
Sending Specific Currencies
If you need to send specific currencies to Ukraine, you have a few options to consider. The Ukrainian hryvnia is the local currency, but you can also send US dollars or euros, which can be easily exchanged for hryvnia.
To send US dollars, you'll need to use a service that supports USD transfers, such as Western Union or MoneyGram. These services typically have a network of agents in Ukraine where recipients can pick up their cash.
Sending euros is another popular option, as they are widely accepted in Ukraine and can be easily exchanged for hryvnia at a favorable rate.
Best Practices and Tips
To wire money to Ukraine, it's essential to use a reputable money transfer service.
Choose a service that offers competitive exchange rates and low fees, such as Western Union or MoneyGram, which can be found in many locations throughout Ukraine.
Before sending money, make sure to verify the recipient's details, including their full name, address, and bank account information, to ensure the transfer is successful.
Keep in mind that some services may have specific requirements for sending money to Ukraine, such as a minimum transfer amount or documentation requirements.
Consider Before Transfer

Before sending money to Ukraine, it's essential to consider the cost of the transfer. The cost depends on the service you use, the amount of UAH sent, and the deposit and delivery methods.
Make sure to compare exchange rates among different services, as not all providers offer the mid-market rate. Look for the smallest difference between the offered rate and the mid-market rate.
Transfer fees can be a significant factor in the cost of the transfer. Some services charge a flat fee, while others charge a percentage of the transfer amount. For example, a service that charges a flat fee might work out better for large transfers.
Transfer speed is another crucial factor to consider. If you need the transfer to arrive quickly, you can pay for an express delivery, but this may come with a higher cost. Online money transfer services often offer the best value and get your money to Ukraine faster and cheaper than banks.
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Transfer limits are also important to consider. Check how much you can send with each service, as some may have limits on the amount you can transfer. For example, MoneyGram has a transfer limit of $25,000, while Wise (TransferWise) allows transfers up to $20,000,000.
Here are some funding methods to consider:
Bank transfers are often the cheapest funding method for UAH transfers, with fees as low as $0 per transfer.
How to Get the Best Rate
Getting the best rate for your money transfer to Ukraine is crucial to ensure you receive the most UAH possible. Compare rates using a live comparison tool to avoid paying more than you have to.
To choose the best provider, consider factors like exchange rates, transfer fees, and transfer speed. Look for providers that offer the mid-market rate, which is the best rate you can get. For instance, Wise offers a low markup of 0.49% on UAH exchange rates.
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Consider the transfer type, whether your recipient has a Ukrainian bank account or prefers cash or cell phone top-up. Each transfer type has different fees, so choose the one that suits your needs. For example, instant cash pickups tend to be more expensive than bank transfers.
Large transfers to Ukraine may have tax implications, so consider using a provider like Wise that offers tax guidance and expertise in handling larger transfer amounts. Additionally, Wise offers advanced forex tools like forward contracts, limit orders, and stop-loss orders to help you lock in the UAH exchange rate you want.
To get the best rate, choose a provider that offers a low markup on exchange rates, such as Revolut, which offers a 0.16% markup above the mid-market rate. You can also use a rate alert service to notify you when it's the best time to send UAH.
Here are some key points to consider when choosing a provider:
By considering these factors and choosing the right provider, you can get the best rate for your money transfer to Ukraine.
Transferring to Specific Recipients
Transferring to specific recipients can be a bit tricky, but don't worry, I've got you covered.
In Ukraine, you can transfer money to specific recipients using a variety of methods, including online banking, mobile banking, and in-person cash delivery.
To transfer money online, you'll need to use a secure online banking platform that allows you to send money to Ukraine. Some popular options include PrivatBank, Ukrsibbank, and OTP Bank.
You can also use mobile banking apps like Monobank and Raiffeisen to send money to Ukraine. These apps are convenient and often offer competitive exchange rates.
If you prefer to transfer money in person, you can use a cash delivery service like Western Union or MoneyGram. These services have physical locations throughout Ukraine where you can send cash to a recipient.
Make sure to have all the necessary information, such as the recipient's name, address, and phone number, before initiating the transfer.
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General Information
If you're looking to send money to Ukraine, there are several options available, but it's essential to choose a reliable and cost-effective service.
Wise is a highly recommended money transfer provider for Ukraine, with a market share of 54.9% in UAH transfer searches as of February 2025.
The company's quick transfers and low fees make it an attractive option for those who need to send money abroad.
A low markup of 0.49% on UAH exchange rates is another significant advantage of using Wise for money transfers to Ukraine.
With a low fee of $4.94, Wise offers a competitive pricing structure that's hard to beat.
UAH Exchange Rate and Costs
The UAH exchange rate and costs can be a bit overwhelming, but don't worry, I've got you covered. The cost of sending UAH depends on where you're sending from, the amount of UAH sent, deposit and delivery methods, transfer fees, and the markup applied to the UAH mid-market rate.
To get the best rate, you should always compare rates and use a live comparison tool to make sure you're not missing the best rates on UAH transfers. This can save you a lot of money in the long run. The average rate was 41.5028 Hryvnia per US Dollar, with a high of 42.5439 UAH/USD and a low of 40.8887 UAH/USD.
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Transfer fees can be a significant cost, but some providers charge as little as $0 per transfer. For example, Xoom charges only $0 per transfer based on our analysis of 7 services supporting UAH transfers in February 2025. This is a great option if you're transferring large amounts of money.
The markup on the UAH exchange rate can also impact the cost. Revolut offers the best UAH exchange rates by applying a 0.16% markup on the USD-UAH rate. This means for every US Dollar sent, you receive 41.6769UAH minus 0.16% deducted from it.
The funding method you choose can also impact the cost. Bank transfers typically have the lowest fees, often costing up to $0 per transfer. Debit cards may cost up to $4.6 per transfer, while credit cards may come with cash advance fees and increased rates, and can cost as much as $0 per transfer to Ukraine.
Here's a summary of the costs associated with sending UAH:
Overall, Bank transfer is the cheapest funding method for UAH transfers.
Frequently Asked Questions
Is the US sending money to Ukraine?
Yes, the US provided $12.1 billion in security assistance to Ukraine in FY 2023 through the Ukraine Security Assistance Initiative. This financial support was delivered in eight separate tranches.
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