Where Ukrainians can seamlessly open a bank account in the EU?

  • Aug. 12th 2020
  • |
  • BankApply
Where Ukrainians can seamlessly open a bank account in the EU?

Do you want to open a bank account in the European Union but you hold Ukrainian passport? This article will show you different options that you'll have to open a bank account in the European Union.

Before we recommend a couple of trusted banks that could help you with opening a bank account in the EU, we would like to share with you a couple of tips you may need to know.

Having a bank account in the EU does not always mean partnering with a traditional bank. Our trusted FinTech institutions can enable remote account opening as well as guarantee fast international payment solutions for your personal and business transactions.

Opening a bank account in the EU connects you with the SEPA (Single Euro Payments Area) concept. Doing business with the SEPA transactions within the EU is way cheaper and faster in comparison with conducting transactions outside the SEPA.

Therefore, our goal is to recommend you a couple of trusted FinTechs that can open you a bank account in the EU and provide a European IBAN with moderate fees.

Let's look at 3 different FinTechs to start with. If you want to see the full list of banks & FinTechs with fee structures and overviews of banks that are suitable for Ukrainian citizens, please register as a BankApply user by clicking on the button on the top right-hand corner.

1. GENOME

Genome started in 2017 as a business-oriented financial services provider with a lot of advanced features, however they do on-board individuals as well. Genome provides to its customers instant payouts, multiple merchant accounts as well as allow them to receive and send globally with beneficial rates for transfers and currency exchange.

Website: https://genome.eu/

Contact: https://genome.eu/contact-us.html

Pricing: https://genome.eu/pricing-for-personal-accounts.html

2. PAYSERA

With a Paysera IBAN account, you can transfer money quickly and easily in many different currencies across the world. Transfers in Europe (SEPA) are free of charge for private clients. Additionally, Paysera can issue a contactless payment card for safe payments and a convenient mobile application with plenty of additional features.  

Website: https://www.paysera.com

Contact: [email protected]

Pricing: https://www.paysera.com/v2/en-GB/fees

3. SATCHELPAY

SatchelPay is a European electronic money institution with a licence covering 31 countries, that was built in order to serve today’s needs for private individuals and international businesses. Wide range of correspondent banks in Europe, Asia and Latin America, enables clients to load their accounts in local currencies and to send funds out in entirely different currencies at the real market rate.

Website: https://www.satchelpay.com/

Contact: [email protected]

Pricing: https://www.satchelpay.com/en/fees/

NB! Please don’t forget to do you own due diligence.

Want To See More Banking Opportunities for Ukrainians In The EU?

These are just 3 offers for Ukrainians to open a bank account in the EU. Register at BankApply to find more options that suit your exact needs, including conventional banks. 

Read why it makes sense to open an account abroad.

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