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State Mortgage Institution

Western Union

Western Union Financial Services, Inc. (USA) - is an American company, a world-wide recognized leader in the sphere of instant money transfers. It was founded in 1851. There are more than 510,000 points which operate in 200 countries of the world.

Western Union has been operating in Ukraine since 1993.

Payments are made by: Western Union Network (France) SAS
Address: 92095 France, 5-6 Place de l’Iris, Paris la Defense CEDEX

Speed of transfers: money is available to the receiver right after it has been sent (not more than 10 minutes).

Types of transfer currencies:

  • US dollar – the main currency of transfers in the system;
  • EUR – transfer and payment of transfers from the countries defined by Western Union;
  • RUB – transfer and payment of transfers from the countries defined by Western Union;
  • UAH – transfers within Ukraine are executed in the national currency.

For foreign currency transfers the exchange rate is set by Western Union Company three times a day. The customer is informed on the exchange rate during money transfer operation.

The general procedure (conditions) of Western Union transfers is described here.

To make transfers through the Western Union system neither the sender nor the recipient of money need a bank account (except for cases stipulated by law).

1. JSC IIB executes payment of transfers only. The receipt of funds is not linked to any specific point of sale; the payment may be executed at any branch.
2. The funds are paid in US dollars.

The fees for transfers are charged in the national currency of Ukraine at the NBU rate set at the day of the operation.

The fees for transfers are withheld only when the transfer is made. Payment of funds is free of charge.

These operations are not connected with the entrepreneurial and investment activities.

After the transfer has been paid out, cancellation or refund of money is not possible!


Larisa V. Gordeychik
Head of Payment Systems Division
Phone:     0 44 351 79 59
0 44 593 74 99 (ext. 1159)
Fax:   0 44 351 79 55
Email:   cardsbusiness@ii-bank.com.ua

Vladimir V. Buriy
Deputy head of Payment Systems Division
Phone:     0 44 351 79 60
0 44 593 74 99 (ext. 1160)
Fax:   0 44 351 79 55
Email:   cardsbusiness@ii-bank.com.ua

Rate of exchange at the Cash desk of the Head Office as of:
09:00 26.02.2021
  Currency   buy     sale  
  USD 27,870 27,970
  EUR 33,500 34,050
  GBP 37,000 39,100
  CHF 30,500 31,000
  RUR 0,300 0,380
  USD 27,9301
  EUR 34,1459
  GBP 39,4946
  CHF 30,8177
  RUR 0,3778
Dynamics Archive

[+] Bank metal rates