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PJSC "Ukrsotsbank" became an agent of MoneyGram international money transfer system

20.12.2011

PJSC "Ukrsotsbank" and MoneyGram international money transfer system made a partnership agreement according to which PJSC "Ukrsotsbank" achieved an opportunity to provide its customers with a new kind of convenient and reliable money transfer service.

Due to the functionality, broad international coverage, speed of money transfer service system MoneyGram will meet the demand of large number of Bank’s customers. One of the main advantages of the system is quick money delivery regardless of the distance between sender and receiver. Weather it is money transfer within a country or a transaction from one part of the world to another. Transfer is received within 10 minutes after it has been sent in any service point of system worldwide, when providing identification document. This is an ideal solution for migrant workers who send money to relatives, for tourists in emergency situations, for students and their parents to cover education, accommodation, etc.

PJSC "Ukrsotsbank" sticks to the policy of expanding the range of services and cooperation with MoneyGram international money transfer system is a direct confirmation to this. In our partnership with MoneyGram, we can practically demonstrate our customers that money transfers in PJSC "Ukrsotsbank" is fast, easy and profitable tool", - said Lubov Syrovatskaya, Head of the Mass market Department in PJSC "Ukrsotsbank ".

PJSC "Ukrsotsbank" will start to provide the services of the MoneyGram system in all branches across the country after the registration of an agreement with the National Bank of Ukraine. The list of services includes sending and receiving money in dollars and euro.

About MoneyGram International

MoneyGram International, a leading money transfer company, enables consumers who are not fully served by traditional financial institutions to meet their financial needs. MoneyGram offers bill payment services in the United States and Canada, and money transfer services worldwide through a global network of more than 256,000 agent locations - including retailers, international post offices and financial institutions — in 192 countries and territories. To learn more about money transfer or bill payment at an agent location or online, please visit www.moneygram.com or connect with us on Facebook.

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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