International payments

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A transaction of priority directions of comprehensiveservicing of the Bank’s clients is conducting settlements in foreigncurrencies, with their quality and speed being ensured with the use of modernsystems of electronic communications.

PRAVEX BANK has a wide network of direct correspondent accounts in the foreign banks constructed so that to meet the needs of clients in receiving foreign currency from abroad and in transferring foreign currency funds to any place in the world at the earliest possible time.

Correspondent accounts of PRAVEX BANK are opened in 6 foreign currencies in 10 foreign banks in 5 countries of the world.

Bank transfers are accepted and sent via S.W.I.F.T. system which is presently the most modern, quick and protected means of interbank communications.

SWIFT code of “PRAVEX BANK” JSC - PRAVUAUK.

Transfers of currency can be made to the current, deposit and card accounts of the clients of PRAVEX BANK, as well as in favour of individuals on demand (according to the passport data) without opening account. Commission fee for crediting of funds to the account shall not be charged.

Transfers of currency are sent in PRAVEX BANK on the day of receipt from client of a payment order. Funds shall arrive into the account of recipient within 1-3 banking days.

The payment order in foreign currency or banking metals (used when making transfer of foreign currency or banking metals by legal entities and individual entrepreneurs across the territory of Ukraine and abroad from the client’s current account).

If a client having one foreign currency in his/her/its account wills to make a bank transfer in the other one, PRAVEX BANK shall effect payments with conversion into all most common currencies of the world according to the current exchange rate of international market.

List of terms and definitions

SWIFT code – an identification code of a bank (Bank Identifier Code - BIC) assigned to banks-members of S.W.I.F.T. system and used when making international transfers.

Intermediary Bank (Intermediary Bank) – a correspondent bank of “PRAVEX BANK” JSC through which the transfers in foreign currency are made.

Frequently Asked Questions

What information is required to be provided to sender for a transfer of foreign currency in favour of the client of “PRAVEX BANK” JSC?

Inform the following details to the sender of funds:

name (surname, first name, patronymic name) of recipient;

recipient’s address (city, country);

number of account of recipient in “PRAVEX BANK” JSC or passport data;

name and address of receiving bank: Pravex Bank, Kiev, Ukraine

SWIFT code of receiving bank: PRAVUAUK

details of an intermediary Bank from the below list:

Intermediary Banks recommended for transfer of foreign currency in favour of the clients of PRAVEX BANK

To transfer USD:

Deutsche Bank Trust Company Americas, New York, USA, SWIFT Code - BKTRUS33

JP Morgan Chase Bank, New York, USA, CHASUS33

THE BANK OF NEW YORK MELLON, NEW YORK, USA-IRVTUS3N

To transfer EUR:

Deutsche Bank AG, Frankfurt/Main, Germany, SWIFT Code - DEUTDEFF

Intesa Sanpaolo SPA, Milano, Italy, SWIFT Code - BCITITMM

To transfer GBP:
Intesa Sanpaolo SPA, Milano, Italy, SWIFT Code - BCITITMM

To transfer CHF:
Intesa Sanpaolo SPA, Milano, Italy, SWIFT Code - BCITITMM

To transfer RUB:
ЗАТ "Банк Інтеза", м. Москва, Росія, БИК 044525922, к/р 30101810800000000922, к/р АТ "ПРАВЕКС БАНК" 30111810710000000118

“PRAVEX BANK” JSC is amongst the leading banks performing on the most favourable conditions for the clients:

Purchase/sale of non-cash foreign currency for non-cash hryvnia on settlement conditions “TODAY”, “TOMORROW”, “SPOT” at the favourable exchange rate.

Purchase/sale of restricted convertibility currencies for hryvnia.

Conditions of provision of services of purchase/sale of non-cash foreign currency by “PRAVEX BANK” JSC are:

The most favourable exchange rates and tariffs. PRAVEX BANK executes client’s application according to real non-cash foreign currency purchase and sale exchange rates. Due to professional work of dealers PRAVEX BANK’s clients have the most favourable exchange rates of purchase/sale of non-cash foreign currency.

Excellent track record of the bank on the international level and as a result direct correspondent relations with the largest international banks. This ensures high speed, low cost and reliability of transfers.

Possibility of accelerated crediting of hryvnias from the sale of foreign currency.
The service of accelerated crediting (advancing) of hryvnia equivalent of sold foreign currency to the current account of client ensures guaranteed crediting of funds in UAH from the sale of foreign currency by 16:00.

Possibility of remote servicing under system “Client-Bank+” and “Internet-Client-Bank”. Executing and sending applications for purchase/sale of foreign currency, payment orders in foreign currency.

High level of qualitative performance of currency control. Currency Transactions Employees of Treasury and Markets Department timely warn clients of the emergence of possible problems and will always help the client to find an optimal path of resolving occurred situation.

Individual approach to every client, personal management.

Confidentiality. Promptness of performance of transactions. High quality servicing.

In our bank You can receive better conditions for purchase/sale of foreign currency due to that PRAVEX BANK is one of the largest operators of Ukrainian Interbank Foreign Exchange Market, and this enables working with permanent partners under the most favourable conditions. This is exactly why we can offer You the best exchange rate and optimal rates.

You can always receive qualitative advice on the issues of Your interest in Head Office, branches of PRAVEX BANK.