Ukrainian Revolut users began receiving letters notifying them of account closure from the British neobank. One of the advantages of the neobank for Ukrainians was receiving funds from abroad. dev.ua has collected Revolut alternatives that allow you to receive international transfers.
Ukrainian Revolut users began receiving letters notifying them of account closure from the British neobank. One of the advantages of the neobank for Ukrainians was receiving funds from abroad. dev.ua has collected Revolut alternatives that allow you to receive international transfers.
Revolut’s statement notes that the decision to leave Ukraine was influenced by local legal requirements. The deadline for terminating account services is set for February 22, 2026, after which the accounts will be blocked, but Ukrainians will be able to withdraw funds after this date.
«Revolut did not open anything in Ukraine. It did not have a financial license here. It opened accounts for Ukrainians in the EU in accordance with the license of the European Central Bank and, apparently, it is because of the recommendations of this Central Bank that it closes them. The NBU at one time made a remark to them that they were advertising banking services in Ukraine without an appropriate license,» — commented on the situation on the social network Threads, co-founder of monobank Oleg Horohovsky.
Gorokhovsky added that «the story of Revolut in Ukraine is over» and noted that «some ‘experts’» believe he has something to do with it. In the comments to the post by the co-founder of monobank, Threads users asked what alternatives to Revolut are available to Ukrainians.
This is a British online international money transfer system (formerly known as Transferwise) with direct currency conversion at a non-fixed rate, which has been operating since 2011. It allows for fast money transfers between countries with a fixed exchange rate and low fees.
In 2022, the company gave Ukrainians the opportunity to create virtual cards in its system .
«Due to the war in Ukraine, people may have limited access to money. Wise can help with this by offering an online way to store, receive, and spend money in different currencies,» Wise wrote on its blog.
The service allows you to receive and send money from 80 countries and store and exchange funds in 54 currencies. It is also known for its low transfer fees.
This is an American company that has been providing international payment services since 2005. It is popular among Ukrainian freelancers because it allows you to conveniently withdraw funds from Upwork, Shutterstock, Fiverr, and many others.
Ukrainians can register with Payoneer as an individual or a company. During registration, you must provide your Ukrainian bank card details for identity verification.
In Ukraine, Payoneer cooperates with Privatbank and has integration with the Privat24 application. The service description notes that Payoneer helps Ukrainian freelancers, online sellers, IT specialists, and entrepreneurs collaborate with international clients.
This is a well-known international electronic payment system that provides money transfer services via the Internet. Founded in 1998, it serves customers in 212 countries and supports transfers in 24 currencies.
PayPal became available to Ukrainians in March 2022 — the service accelerated its arrival in Ukraine due to the war to help people easily transfer funds from abroad, donate to volunteer funds, and pay for services that, for one reason or another, were impossible to pay for with Ukrainian bank cards. In the three months of the service’s operation, Ukrainians created more than 200,000 accounts, sent and received payments worth more than $200 million.
However, PayPal has never become a full-fledged financial service in Ukraine. It allows Ukrainians to receive funds from users abroad, pay for purchases on websites, and withdraw funds to a bank account. However, it does not allow you to open a RauPal business account, withdraw funds from stocks or exchanges for freelancers, or connect a payment service on the website.
This is a Lithuanian digital money transfer service founded in 2012. TransferGo serves over 8 million customers in over 160 countries around the world.
Money transfers to Ukraine from Europe are currently free: instant card-to-card transfers, transfers to bank accounts, etc. TransferGo transfers funds from your Ukrainian bank account to the recipient’s bank account in Ukraine, which allows you to avoid high international fees. It also allows you to transfer funds directly to the recipient’s bank card.
The company also offers Ukrainian-language customer support, which can be contacted via messenger, email, or phone.
