CURRENCY OUTPAYMENTS

CURRENCY OUTPAYMENTS

Currency outpayments are perfect for transferring foreign currency from abroad to accounts of many recipients

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Currency outpayments

Currency outpayments

Currency outpayments are perfect for transferring foreign currency from abroad to accounts of many recipients - by one payment, which significantly saves the company's fee expenses.

The service makes it possible for the companies that cooperate with Ukrainian individuals and entrepreneurs to send one payment to Ukraine for further distribution according to the pay sheet. The distribution of payments to the final recipients is carried out by PrivatBank.

Step 1. Sending a SWIFT-payment in a lump sum to the PrivatBank's transit account and loading the instruction (pay sheet) with the list of accounts/cards and amounts to be credited (money may be credited to an account of a self-employed individual, current/card accounts of individuals).

Step 2. Within 30 minutes PrivatBank, according to the instruction, credits the money of each client to an account of self-employed individual / Card for pay-outs.

Benefits

Benefits
  • Money is credited to the cards / accounts of the recipients in online mode;
  • The Bank provides you with a report on the crediting for each payment;
  • The bank informs the recipients about crediting via SMS or e-mail;
  • The full archive of pay sheets previously paid;
  • You significantly reduce your expenses for outpayments. Earlier you had to pay an average of USD 40 for each separate payment, now you pay a fee for only one payment!
  • You can send pay sheets from your company's office while being in any country;
  • In case of errors in the instructions, the bank contacts the company itself and clarifies the details of the payment.

How to use the service of currency outpayments

How to use the service of currency outpayments

1. Authorization of login to the service:

  • Enter your mobile phone number. Confirm login with the password sent in an SMS to your phone.
  • Enter your personal username and password to log into the service.

2. Add a file of pay sheet for replenishment of accounts or add recipients manually;

3. Get a report on crediting.

Batch crediting

Batch crediting
  • The opportunity to save up to USD 40 on one transfer due to the batch crediting according to one pay sheet to the accounts (of individuals or private entrepreneurs) of all the company's professionals.
  • The service let the service receiving companies which cooperate with Ukrainian self-employed individuals send one payment to all recipients in Ukraine instead of tens of payments and at the same time substantially save on fees. The distribution of payments to the final recipients is carried out by PrivatBank.

Payment of remuneration to entrepreneurs from a non-resident company

Payment of remuneration to entrepreneurs from a non-resident company

Step 1. A non-resident company sends one SWIFT payment for the total amount of the pay sheet.

Step 2. PrivatBank distributes payments to the receiving individual entrepreneurs according to the pay sheet.

Step 3. Crediting of 100% VAL to 2603* distribution account of an individual entrepreneur.

Step 4. Transfer of 50% of currency earnings in VAL to 2600* account of an individual entrepreneur.

Step 5. Transfer of 50% of currency earnings in UAH to 2600* account of an individual entrepreneur (mandatory sale on the next business day). It is possible to automatically transfer money to a card of an individual in UAH.


Communication channels


Individual team of managers on providing services and money crediting

For consultation: +38 (092) 900 00 04

For appeals: E-mail: swift@privatbank.ua

freelancer@privatbank.ua

Payment of remuneration to entrepreneurs from a resident company

Payment of remuneration to entrepreneurs from a resident company

Step 1. A resident company makes payments to an individual entrepreneur.

Step 2. PrivatBank distributes payments to receiving individual entrepreneurs.

Step 3. Crediting to 2600* account of an individual entrepreneur.

It is possible to automatically transfer money to a card of an individual.

Individual rate for crediting to a card:

  • less than 20 individual entrepreneurs - 0.5% of the payment amount;
  • from 20 to 100 individual entrepreneurs – 0.25% of the payment amount;
  • more than 100 individual entrepreneurs – 0%.

Communication channels


Individual team of managers on providing services and money crediting

For consultation: +38 (092) 900 00 04

For appeals: E-mail: swift@privatbank.ua

freelancer@privatbank.ua

Frequently asked questions

What fee shall be charged in case of cards and / or accounts replenishment?

  • In case of replenishment of Cards for pay-outs - 0.5% of the credited amount.
  • In case of replenishment of other cards of PrivatBank - 0%.
  • In case of replenishment of an individual entrepreneur's account - from 0 to 0.5%*

* If the money shall be credited to the account with which a contract for payment acceptance has been concluded, the fee amount shall be set in accordance with the terms of the contract.
The fee is charged separately for each payment.

What are the rates for freelancers?

Rates for freelancers
- Opening an online account (application via the website) - Free of charge;
- Making payments to the budget (payment of taxes, etc.) - Free of charge;
- Payments to another bank - UAH 3 per payment;
- Cash and settlement service (monthly fee) - UAH 50;
- Fee for the transfer of funds from the account of an individual entrepreneur to a card for pay-outs - 0.25% of the amount;
- Gold Cards maintenance for new customers - Free of charge;
- Free VIP service and issue of a Platinum card - Individual rate;
- Sale of currency - Free of charge.

What are the services for freelancers?

Services for freelancers
- Transfer of invoices and certificates 24/7 by means of Privat24 Internet-bank;
- Free home delivery of cards;
- Opening an account online;
- Report making and sending;
Read more

For consultations on all issues for freelancers and IT specialists there is a separate call center in PrivatBank at (092) 900 00 04, and also questions can be sent to the e-mail address freelancer@privatbank.ua

What are the services for IT industry clients?

PrivatBank offers to IT experts: a separate rate package, free personal services (Gold-club), free 24/7 IT consultations, crediting of foreign currency on a same day basis, automatic compulsory sale and much more. Read more - A package of solutions for fast and convenient money management

Where can a company apply for service activation?

For handling of all issues related to accepting payments, a representative of the company must apply to any of the channels arranged by PrivatBank:
E-mail: freelancer@privatbank.ua
E-mail: swift@privatbank.ua
Tel: (092) 900 00 04