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HOW DID UKRAINIANS TRANSFER MONEY WITHIN UKRAINE AND RECEIVE THEM ABROAD IN 2023

16.10.2023

According to the National Bank, the volume of intrastate transfers made through instant funds transfer systems amounted to UAH 300.6 billion (or USD 8,221 million equivalent) for January-June 2023.

During this period, 35 money transfer systems operated on the territory of Ukraine, of which 26 were created by residents and 9 by non-residents (five systems from the USA, two from Great Britain, one each from Georgia and Canada). The average amount of one transfer within Ukraine was UAH 770.

It is notable that the leader in instant transfers was NovaPay (35% of all domestic transfers), which is a regular client of TAS Link.