Easier money transfers from Poland to Ukraine

by Joanna Czarnecka in: News, 05 Jul 2019     0 Comments

Foreign citizens in Poland often search for the most cost-efficient ways of transferring their money home. If you happen to be a citizen of Ukraine, here is yet another option you may find useful.

Citizens of Ukraine comprise the largest group of foreign employees in Poland. It is no surprise then that more and more shops, services or companies try to respond to their needs.

Recently, Euronet Poland has launched a new app dedicated to Ukrainian nationals, who want to transfer their money home, quickly and easily. With the myRia app, you do not need to use a payment card or to have a Polish bank account. How does it work?

Once you download the app, you will be asked to verify your identity (that is where your passport comes in handy) and provide some necessary details – such as the transferred amount and the name of the person you are sending your money to. The application will then generate a one-time bar code you can scan at your nearest ATM in order to make the transfer. It is also possible to deposit the money in cash and transfer the funds using a cash deposit machine - however, bear in mind that in either case you will be required to pay a service fee. Once you have completed all the steps - the money is ready for collection in Ukraine and it can be withdrawn by using a special PIN code. The service is available 24 hours a day, 7 days a week and the recipient has 30 day to collect the money from a pickup location (specified by you) – otherwise, you get your funds back. Note that a deposit can be made only in Polish currency and the money withdrawn in euros or U.S. dollars.

What is there to know about Polish currency?

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Joanna Czarnecka

Joanna Czarnecka

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