RIA Money Transfer

International transfers using RIA Money Transfer:

More than 507,000 service points in 160 countries

Favorable tariffs

Instant transfer - funds are available for payment 10 minutes after sending the transfer.

The transfer is addressless - available for payment at any point in the country of destination

Types of fund transfer services using the system:

Sending transfers abroad is carried out in euros/US dollars (subject to restrictions: sending international transfers from Ukraine abroad is temporarily suspended on the basis of Resolution of the NBU dated February 24, 2022 No. 18).

Payment of transfers from abroad is made in euros/US dollars.

The commission for the transfer is paid only by the sender.

The ability to send/pay a transfer both with and without opening a current account.

Funds are available for payment within 10 minutes after sending the transfer.

Absence of address binding (the recipient will be able to apply to any point of the RIA system in the receiving country).

What Is a Transfer Control Number in RIA Money Transfer?

The control number of a transfer through the RIA Money Transfer system is a unique code created to identify a specific money transfer. This number is usually provided to the sender after the transfer is made.

MTB Bank offers its clients to use this control number together with their passport document to receive money in any of its nearest branches. Without this number, the recipient will not be able to receive the transferred money.

What Currencies Are Used for RIA Money Transfer?

Since the imposition of martial law in Ukraine, the National Bank of Ukraine has decided to temporarily suspend the sending of international transfers from Ukraine abroad based on Resolution No. 18 of 24 February 2022. This resolution of the National Bank of Ukraine establishes restrictions on currency transactions due to the difficult financial situation in the country. 

Payouts of RIA Money Transfer funds from abroad are possible in euros or US dollars. You can receive money at any RIA Money Transfer service point. The money is paid out in accordance with the transfer currency and can be made in UAH at the official exchange rate.

Are There Any Restrictions on RIA Money Transfer?

You can send a money transfer of any amount through the RIA Money Transfer system. But please note that the following conditions apply:

• for the amount equivalent to up to UAH 400 thousand per day at the official exchange rate of the National Bank of Ukraine at the time of the transaction, you do not need to open a current account.
• if the amount of the transfer exceeds UAH 400 thousand per day at the official exchange rate of the National Bank of Ukraine at the time of the transaction, the recipient must open a current account.

Where Can I Receive RIA Money Transfer?

You can receive RIA Money Transfer at the nearest branch of MTB Bank. The recipient should follow the steps:

• when visiting a service point, identify himself/herself by presenting a passport or other identity document acceptable for transactions in Ukraine in accordance with the laws of the country;
• provide the necessary data to receive the transfer, including the amount and currency of the transfer, the country of sending the transfer, the full name of the sender and the transfer control number;

Data on the recipient of the transfer must be indicated in Latin letters.

How long is an RIA transfer available for payment?

21 days from the date of dispatch

What is the minimum/maximum amount that can be sent through the RIA transfer system?

In the amount equivalent to UAH 400,000.00. per day, at the official rate of the NBU at the time of the transaction - without opening an account

In the amount equivalent to more than UAH 400,000.00. per day, at the official rate of the NBU at the time of the transaction - with the opening of a current account.

How can the customer return the transfer?

The return of the transfer on the day of sending (cancellation of the transfer) is carried out on the day of initiation of the transfer: the client has the right to withdraw consent to the execution of the transfer in the full amount of the payment instruction until the end of the operating hours of the bank's operating day on which the client provided the payment instruction to the bank.

Return of the transfer (performed on any other day after the day of its initiation): Withdrawal of the consent of the client - the sender to perform the transfer is also possible on the following days after the operational day of submitting the payment instruction to the bank, provided that the transfer has not been paid to the client - the recipient.

IMPORTANTLY:

Operations under the money transfer system are carried out on behalf of and for the benefit of natural persons in compliance with the legislation of Ukraine, in particular in the field of prevention and countermeasures against the legalization (laundering) of proceeds obtained through crime, the financing of terrorism and the financing of the proliferation of weapons of mass destruction, as well as the rules established by the payment system Ria.

Information on the entry of PJSC "MTB BANK" into the register of participants of the Ria payment system as of September 18, 2019 is available on the NBU website  https://bank.gov.ua/ua/payments/payment-systems/8508e8dff4eed335fd6a56784830859f

PJSC "MTB BANK" provides Western Union transfer services at branch counters under the terms of the Public Offer.
The conditions of the Public Offer for the conclusion of the Agreement on the transfer of funds without opening an account, the execution of separate or one-time payment and cash operations at the cash desks of PJSC MTB BANK can be found HERE.

Terms of providing payment services