PrivatBank launched a new service of instant crediting of individuals through POS-terminals of the bank, installed in more than 1,200 branches of Ukrposhta in all regions of Ukraine. Now, PrivatBank's clients will be able within 1 minute to complete the loan offered by the bank for any needs in the amount of up to UAH 50,000 for a period of up to 24 months in PrivatBank POS-terminals installed in post offices.

"The main goal of our new service is to provide an additional opportunity for a client with a PrivatBank card to apply for a loan within a minute without visiting the bank branch and processing paper documents," said Evgeniy Vasiltsov, Head of the Service Department at PrivatBank.

To apply for such a loan, you must have a payment card of PrivatBank, select the loan amount at the POS-terminal, the period of using the loan and activate it by entering a PIN to confirm the agreement with the terms. Credit funds will be credited by PrivatBank to the client's card within 15 minutes. You can repay such a loan ahead of schedule without additional commissions, including by replenishing the card in POS-terminals of PrivatBank installed in Ukrposhta offices.

"The launch of this service with PrivatBank is another step towards creating Ukrposhta own financial supermarket with a wide range of financial services. Thanks to the technological nature of PrivatBank and the geography of Ukrposhta, customers throughout Ukraine, from small villages to cities, will be able to design modern products of PrivatBank instantly and without any documents directly at the offices of the main post office of the country. A diverse range of financial services of Ukrposhta will provide customers with access to quality banking products with the best solutions, without the need to search for the nearest branch of the bank and visiting it,” Artur Muravitsky said, Director of the Financial Business Department of PJSC Ukrposhta.

Today the network of Ukrposhta consists of 11 500 branches and is the largest in Ukraine. The main activities of the company are postal, logistics, financial services, trade and other commercial activities.