Mass payments for international companies

Make payments from abroad instantly!

Why the mass payments are necessary?

Payment for the services of freelancers and IT specialists, payment of salaries to seafarers and other segments, social benefits.

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Mass payouts are ideal when you need to top up multiple accounts from abroad, as you save significantly on Commission.

Валютні виплати

Thanks to this service, the company can send a single payment to many recipients in Ukraine.

Advantages

There is no need to create similar payments.

Ability to work through a convenient personal account of InterPay or use the API of PrivatBank.

Funds are credited to the recipient's cards/accounts online.

Ability to specify a separate purpose in each payment.

You can create payments from any country.

Previously, you had to pay an average of 40 USD for each individual payment, now you only pay a Commission for one payment!

Full archive of previously paid statements.

Free connection to the service.

We invite you to a partnership

We invite you to a partnership

PrivatBank invites international companies and financial organizations to mutually beneficial cooperation*.

We offer innovative, technological and integration solutions for transferring money.

Please submit a request for more information.


Terms of service: Company identification and contract signing are mandatory.
The list of basic documents required for identification is specified in the contract. The Bank may also request additional documents, if necessary.
The provision of any additional services can be agreed by signing a supplementary agreement to the contract, which is an integral part of it.

How does it work?

Валютні виплати
1 Step

A non-resident company sends an accompanying document (Company Instruction) and SWIFT payment for the total amount of the instruction.

Consent to a payment transaction starts from the moment the instruction is sent and the payment is confirmed, provided that the required amount of money is available on the transit account.

Revocation of consent to the transaction is possible until the instruction payment is confirmed.

2 Step

PrivatBank distributes payments to recipients according to the instructions.

3 Step

Enrollment to cards/accounts of individuals (24 hours a day, online) or accounts of entrepreneurs (during business hours from 8:00 a.m. to 8:00 p.m. on working days).

How does communication take place between the company and the Bank?

All communications between the company and the Bank, and between the Bank and the client take place remotely (in online mode).

The company can interact with the Bank to transfer and work with instructions in 3 available ways:

  1. Integration through API
  2. Web service for companies - InterPay.
  3. Through email: swift@privatbank.ua; freelancer@privatbank.ua

To work in InterPay you need:

  1. To log in*:
    • enter your mobile phone number;
    • сonfirm login with a password from SMS;
    • enter your personal login and password to log in to the service.
  2. Then you can add XLS (Excel) files to replenish cards/accounts and get your enrollment report. The file must be in the appropriate format (template). It is also mandatory to confirm the enrollment by the company (i.e. to give consent to the transaction). The moment of irrevocability of the transaction comes from the moment of giving consent to its implementation.
* - the company is responsible for the use and preservation of personal accounting information (login, password, certificate, etc.)

Available IT Expert service packages

IT Expert GOLD
IT Expert Platinum
IT Expert Premium

Gold tier card – an international payment card of PrivatBank giving you option to receive free service from a personal banker at your convenience. Cards in any currency (UAH, USD, EUR) may be opened freely.

Card with a design – issue and delivery of a card with an individual design (chip, PayPass) – no charge!


  • You can choose the design and data you want to see on the card.
  • You can hide card number, expiration date, CVV code, first and last name.
  • The currency of the Payment card with a design is hryvnia/US dollar/euro.
  • The currency of the Universal card with a design is hryvnia.
  • The card with a design can be with a separate balance or additional to your existing card.

A free card with a design is issued with a promo code, to receive a promo code write to freelancer@privatbank.ua

After contacting freelancer@privatbank.ua you will be sent an email with a promo code and instructions for remote ordering.

Frequently asked questions

How quickly does the Bank respond and provide information via communication channels with a partner company?

Information processing takes place online through the InterPay АРI and Web interface. Response through email: until the end of the day if the letter was received before 12 a.m., and until 12 a.m. the next day if the letter was received after 12 a.m.

Can the Bank refuse to conduct payment transactions and for what reasons?

Yes, it can, when: the data in the payment instruction is insufficient or incorrect, an incorrect amount that does not correspond to the instruction has been sent, the data provided in the instruction contradicts the current legislation, force majeure.

More details about this and the responsibility of the Bank are described in the contract signed with the partner company.

What is the procedure for interaction between the Bank and the partner company in case of erroneous payments, transfers?

The company sends a corresponding request to the Bank via email indicating all the necessary information on erroneous payments. The interaction process is described in more detail in the contract signed between the company and the Bank and in the appendices hereto.

What steps should the company take to securely handle instructions?

Avoid accessing the Internet from a personal computer on which instructions are prepared and sent to the Bank. Do not visit sites of dubious content and other Internet resources of a non-productive nature (social networks, conferences and chats, telephone services, etc.). Do not read emails or open email attachments from unknown or suspicious addresses. Do not install or update any software from unofficial manufacturer websites.

Minimize the number of users of computer on which the instructions are prepared and sent to the Bank. It is advisable to limit physical access to personal computer on which the instructions are prepared and sent to the Bank (provide access only to responsible employees who are directly authorized and have the right to work with the system software).

Use advanced anti-virus software, update and perform anti-virus scans on computers. It should be noted that malicious software is able to intercept data from banks, personal computers of clients and store/distribute such information for further unauthorized use by outsiders in a criminal way.

Ensure that security updates for the operating system, browsers, and software on your computer are installed on a timely basis. It is necessary to establish strong passwords for access to the personal computer, to ensure that these passwords are periodically changed.

Prevent unauthorized use of keys, store key media in a way that prevents unauthorized access to them. Do not tell or share passwords to private secret keys with anyone. Do not write down and store passwords together with the key media.

What is the procedure for interaction between the Bank and the partner company in case of erroneous payments, transfers?

The company sends a corresponding request to the Bank via email indicating all the necessary information on erroneous payments. The interaction process is described in more detail in the contract signed between the company and the Bank and in the appendices hereto.

How are disputes between the company and the Bank settled?

The mechanism for settling disputes and controversial issues between the Bank and the company is described in the contract, they signed.

Who pays the enrollment fee and in what amount?

The enrollment fee can be paid by the recipient or the company.

The fee amount depends on the terms and conditions of the contract signed with the company, according to standard rates:

  • enrollment to individuals on a UAH card - 0% (carried out at the card rate on the day of enrollment);
  • enrollment to individuals on a foreign currency card - 1% (unless a different rate was agreed with the company by a supplementary agreement to the contract);
  • enrollment to the account of a sole entrepreneur - 0%

What should I do if I can't log in to InterPay?

You can get advice via the following communication channels:

Is there a limit on the amount of one transfer in the instruction?

Limits on transfers are determined in accordance with applicable law and are set in coordination with the company.

Current limits:

For individuals:

  • the maximum amount of payments per calendar month to PrivatBank accounts is UAH 399,999;
  • the maximum number of payments per calendar month is 20;
  • the maximum amount of one payment to the account of another bank is UAH 29,999.

For sole entrepreneurs:

There are no limits on the amount, but to credit more than UAH 399,999 (equivalent), you need to provide the Bank with supporting documents.

Who pays the Commission for a SWIFT transfer to a transit account?

A non-resident company is required to pay commission fees to all banks involved in transferring the total payment amount to a transit account.

Do I need to use additional services of PrivatBank to connect to currency payments?

No.

Can I change the terms and conditions of the current contract?

Amendments and supplements to the contract are made with the consent of the parties and are drawn up in a separate agreement, which is an integral part of the contract.

How can I disable the service?

The party which no longer able to perform its obligations under the contract must notify the other party about the beginning, expected duration and termination of the above circumstances in writing form within 20 days.

Any party to this contract may terminate it unilaterally by notifying the other party within 20 (twenty) calendar days in writing form.

The contract is valid for 1 (one) year from the date of its signing by the parties. The term of the contract is automatically extended for the same period, if none of the parties declares its termination no later than 20 days before the end of this contract.