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PJSC "Ukrsotsbank", which operates under the UniCredit Bank trade mark, has begun cooperation with international money transfer system MoneyGram

29.05.2012

Starting from May 29, 2012 it will be possible to send or receive money transfers through international money transfer system MoneyGram in all the branches of PJSC "Ukrsotsbank», UniCredit Bank™.

Due to the functionality, a wide international coverage, the speed of the money transfer service system MoneyGram will meet the needs of a large number of Bank’s customers. It is worth noting that one of the main advantages of the system - speed of cash delivery despite of the distance between sender and receiver. Whether it is a money transfer within a single country or a transaction from one end of the world to another, transfer can be received within 10 minutes at any of the 275 000 service outlets in 194 countries of the world, providing identity card. This is perfect solution for migrant workers who send money to relatives, tourists in the emergency situations, students and their parents to pay for the education and accommodation etc.

"PJSC "Ukrsotsbank”, UniCredit Bank™, keeps the policy of services range expanding and the beginning of the cooperation with MoneyGram , the international money transfer system is a clear confirmation of this direction. In partnership with MoneyGram, we are able to demonstrate to our customers that the money transfers in the PJSC "Ukrsotsbank" are fast, safe, profitable and convenient"- noted by Lyubov Syrovatskaya, Head of Mass Market for PJSC “Ukrsotsbank”, UniCredit Bank™.

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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