PRAVEX BANK, a member of the international banking group Intesa Sanpaolo, has joined the instant transfer service of the Electronic Payment System (SEP) operated by the National bank of Ukraine.
Instant SEP transfers are a modern interbank payment technology that allows both individuals and legal entities to transfer funds to a recipient’s account in less than 10 seconds. Transactions are processed around the clock — 24/7, including weekends and public holidays.
“This is an important step for PRAVEX BANK towards offering maximum convenience and accessibility for our clients. The key advantages of the service are speed, 24/7 availability, and broad network coverage. Moreover, instant transfers promote financial inclusion and ensure complete reliability,” - noted Oleh Zaiats, Head of the Retail Business Department at PRAVEX BANK.
Incoming transfers are charged according to the Bank’s standard tariffs, with no additional fees. All transactions are processed via the central payment system of the National bank of Ukraine.
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