PrivatBank introduces money transfer service using Welsend system
PrivatBank has introduced the money transfer service using Welsend system, the bank has said in a press release.
The Welsend money transfer system was created by Ukrgasbank (Kyiv) in 2013. Partners of Welsend are 53 financial institutions both in Ukraine and outside the country. The system is present in over 120 countries and has over 250,000 servicing points.
As reported, on December 18, 2016 the government at the suggestion of the NBU and PrivatBank shareholders, the largest of whom at that time were Ihor Kolomoisky and Hennadiy Boholiubov, decided to nationalize this largest financial institution in the Ukrainian market. The state received 100% of its capital.
Advertising
Advertising
MORE ABOUT
EBRD provides $25 mln trade finance limit to PrivatBank
12:50, 14.03.2024
Court rejects Boholiubov's claim, reaffirms legality of PrivatBank nationalization
09:59, 28.11.2023
Court of Appeal confirms lawfulness of PrivatBank's nationalization – NBU
12:56, 15.11.2023
PrivatBank triples net profit in nine months of 2023 compared to last year’s result
20:02, 01.11.2023
PrivatBank approves first leasing under program with John Deere for Stavrovsky agricultural company
20:44, 27.10.2023
LATEST
New EU sanctions will apply to supplies of manganese ore and aluminum oxide to Russia – Latvian authorities
21:07, 03.05.2024
NBU lifts restrictions on import of works, services; introduces other currency concessions
21:01, 03.05.2024
Ukrainian coal could be exported due to shutdown of Centerenergo in Russian heavy shelling – Minister of Energy
19:26, 03.05.2024
NBU requires Getin Holding to sell Idea Bank within six months
10:09, 03.05.2024
DIM company accredits houses under construction in eOselia program