Get exclusive money-saving offers and guides
Straight to your inbox
By signing up, you agree to the Finder
Privacy & Cookies Policy
and
Terms of Use, Disclaimer & Privacy Policy.
Guides
Exchange Rates
We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
Digital money transfer providers can beat the rates offered by your bank. Transferring money online to Ukraine from the US, instead of through your local bank, will save you on fees and give you access to stronger exchange rates and faster turnaround times.
Send money to Ukraine with WorldRemit
Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.
- Send money online within minutes
- Large range of destinations
- Able to send to cash pickup locations
Send money to Ukraine with WorldRemit
WorldRemit Offer
- Send money online within minutes
- Large range of destinations
- Able to send to cash pickup locations
Send money to Ukraine with WorldRemit
Send money to 110+ countries for bank deposit, instant e-wallet, mobile top-up or cash pickup at 30,000+ agent locations worldwide.
- Minimum transfer amount: $1
- Maximum transfer amount: $50,000
- Online transfer fee: $3.99
- Cash pick up available.
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
How to send money to Ukraine online
Sign up and send money with a digital money transfer specialist in four steps:
- Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and your preferred payment method.
- Provide transfer details. Submit your recipient's contact information and pick a delivery method. If you're transferring to a bank, you'll need your recipient's Ukrainian bank account details.
- Confirm transfer details. Double-check your payment method, expected fees and destination.
- Save your receipt. Record your receipt's confirmation number to track the progress of your transfer to Ukraine. Some money transfer providers send a text or email when your transfer is complete.
What's the best way to send money to Ukraine?
Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to Ukraine. Some offer transfers straight to Ukrainian bank accounts, while others allow the money to be picked up in Ukrainian hryvnia in person. Banks, PayPal and other options are available but come with high fees, weak rates and longer turnaround times.
Digital money transfer services
Companies like OFX and TorFX specialize in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient's Ukrainian bank account, often in as little as a day or two.
Cash transfers
Services like MoneyGram allow you to transfer cash for pickup at a local branch in Ukraine — often in 15 minutes. While it's a fast way to send money, you'll pay for the convenience in weak exchange rates and high fees. If a cash pickup is necessary, compare MoneyGram to digital services like WorldRemit or XE when possible.
Banks
Ukrainian hryvnia probably isn't carried by your local bank. Even if your local bank can convert your US dollars into Ukrainian hryvnia, beware of high fees and wide margins on the exchange rate compared to digital and other options.
Let's crunch the numbers: Sending $1,000 to Ukraine
Let's say you need to send $1,000 to our northern neighbors. Here's what you might face as far as fees and exchange rates with two different money transfer services.
| Money transfer service 1 | Money transfer service 2 | |
|---|---|---|
| Fee | $70 | $15 |
| Exchange rate | 1 AUD = 12.674 UAH | 1 AUD = 12.398 UAH |
| Transfer speed | 10 minutes | 2 days |
| Amount received | UAH 12,180 | UAH 12,307 |
| Verdict |
|
|
If you go with the slower money transfer service, your recipient ends up with UAH 127 more than the faster service offers on a transfer of AU$1,000.
How to get the most out of your money transfer to Ukraine
Weigh costs and fees against convenience, and learn how to compare money transfer providers that send to Ukraine to meet your needs:
- Exchange rates. The AUD-UAH relationship fluctuates daily, so using a service that allows you to lock-in exchange prices may help you save money down the line if exchange rates take a turn for the worse in the future.
- Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger exchange rate.
- Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the number of Ukrainian hryvnia you're sending.
- Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to Ukraine.
- Maximum limits. When exchange rates are favorable, sending more money can save you money in the future. If you plan to send large amounts of money to Ukraine, be sure to pick a provider that won't limit you.
- Transfer methods. Whether you want money sent to a Ukrainian bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.
Emergency cash transfer to Ukraine
When it's more important to get your money to Ukraine quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.
How to send money to Ukraine without a bank account
Cash transfer services can help you if you're unbanked or marginally banked. If you don't have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.
Ukraine's exchange rates explained
The exchange rate determines how much one country's currency is worth in another country's currency. When a country's currency is strong, it yields more money when exchanging it in a country with a weaker currency. Ukraine's exchange rate often fluctuates when compared to the Australian dollar, so expect exchange rates today to be different than those you'll see tomorrow. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Track how the Ukrainian dollar trades against the Australian dollar in our historical rate chart.
Today's exchange rate AUD to UAH
Documents needed for sending to and receiving money in Ukraine
To send money to Ukraine from Australia, you'll need government-issued ID and other documents, while documents needed to pick up money in Ukraine may be different by company.
Documents to send money from Australia
To send money from the US to Ukraine, you'll need documentation and details that include:
- Identification. Most services require a driver's license, passport or other government-issued ID.
- Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
- Recipient information. Submit your recipient's name as it appears on their ID, along with their phone number, Ukrainian bank account and routing number if sending to their bank.
Documents to receive money in Ukraine
To pick up money in person, documentation can include:
- Transfer number. The person sending you money can forward the transfer's confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
- Government-issued ID. A Ukrainian Passport, Ukrainian Driver's License or a similar government-issued ID is typically required to pick up cash.
- Amount sent. You may need to know how much was sent, usually within 10% of the total.
- Sender's information. Take along your sender's full name, the sending country and their address, if known.
Bottom line
Sending your hard-earned money to Ukraine shouldn't cost a fortune. Compare transfer companies that specialize in foreign for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.
More guides on Finder
-
Best wine clubs and subscription services in Australia
We’ve done the hard work to find the best wine clubs and subscription services for Australian wine drinkers.
-
Finder’s RBA Cash Rate Survey: 60% of experts blame BNPL for drop in credit cards
Credit cards are being used less and experts say Buy Now Pay Later services such as Afterpay and Zip are to blame, according to new research from Finder. In this month's Finder RBA Cash Rate Survey™, 39 experts and economists weighed in on future cash rate moves and other issues related to the state of the Australian economy.
-
Find the best AUD to USD exchange rate
Get today’s best Australian to US dollar exchange rates before you send money overseas.
-
International money transfer services
Beat the banks, find the best exchange rates and avoid fees when you send money abroad from Australia.
-
Review: TransferMate international money transfers
Learn about how TransferMate’s personal product works and what it can do for you.
-
Square vs Shopify
We compare two of the leading merchant services on the market: Square and Shopify.
-
iRemit international money transfers review
Make simple and small transfers to the Philippines through the IREMITX app.
-
The American Express Business Card
The American Express Business Card offers reliable service, a wide range of benefits, additional features, and competitive fees.
-
How many bank accounts do I need?
It's common to have a few different bank accounts that each have a different purpose. Here's how you may benefit from having multiple bank accounts and the traps to avoid.
-
Robinhood vs eToro
Both eToro and Robinhood offer $0 brokerage stock trading, but eToro has more options for active traders. We compare.
International Money Transfer Offers
Important Information*
Ask an Expert
