Cheapest way to send money from the eurozone to Ukraine

FXMetrics editorial team · Updated · How we calculate

Euro senders in France, Spain, Italy, Germany and elsewhere can choose between banks, licensed money transfer operators and apps, and the exchange rate offered varies more than the headline fee. Below: what your recipient actually gets for 500 EUR, at today's mid-market rate.

Loading today's mid-market rate…

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Mid-market rates from the European Central Bank (via the Frankfurter API); currencies the ECB does not cover use ExchangeRate-API. Provider fees and markups are estimates from public pricing; always check the final quote. Methodology · Share this result

Payout options
Ukrainian bank cards and accounts
Typical speed
Minutes to 2 business days (digital); 2–5 business days (bank wire)
Regulation in the eurozone
PSD2, authorised in a member state
Rate benchmark
ExchangeRate-API (not published by the ECB)

Who sends money from the eurozone to Ukraine

Common senders: long-settled diaspora families, seasonal and care workers, students, and people supporting parents back home.

About this corridor

Since 2022, millions of Ukrainians have lived across the EU, and transfers to relatives at home are a lifeline. Card delivery to Ukrainian banks is the fastest option; keep the recipient's card details and full name in Ukrainian or Latin spelling exactly as the bank requires.

Worked example: sending 500 EUR

Using the ExchangeRate-API rate on 2026-10-08, 1 EUR = 50.2859 UAH, our estimate model gives these results for sending 500 EUR:

ProviderEst. feeEst. receivedTotal cost vs mid-market
Wise3.89 EUR24,947.20 UAH195.76 UAH
Revolut1.50 EUR24,942.19 UAH200.77 UAH
Remitly0.00 EUR24,841.24 UAH301.72 UAH
Western Union4.46 EUR24,420.07 UAH722.88 UAH
Bank wire (typical)17.86 EUR23,638.78 UAH1,504.18 UAH

In this example Wise delivers roughly 1,308.41 UAH more than a typical bank wire. Rates move daily and providers change pricing, so treat this as an illustration from our model; the live calculator above and the provider's own quote are what count. See how we estimate.

Sending to Ukraine: what to know

  • Payout options: Ukrainian bank cards and accounts.
  • Delivery to a Ukrainian bank card is common and usually fast.
  • Ukraine has applied currency controls under martial law; incoming personal transfers are generally allowed, but check the provider's current conditions.

Rules and limits

In the eurozone: EU payment institutions are regulated under PSD2 and must be authorised in a member state. SEPA makes transfers inside Europe cheap, but payments to China go via SWIFT or a provider's local payout network.

In Ukraine: Inward transfers are processed by banks supervised by the National Bank of Ukraine (NBU).

How to pick the cheapest option

  1. Compare the amount received, not the fee. "Zero fee" offers usually hide their cost in the rate. How markups work.
  2. Small amounts: watch fixed fees. Large amounts: watch the markup.
  3. Avoid intermediary deductions. SWIFT wires can lose $10–30 in transit. Why.

Frequently asked questions

What is the cheapest way to send money from the eurozone to Ukraine?

It depends on the amount and the day's pricing. This page calculates, at today's mid-market rate, how much UAH each provider delivers for 500 EUR; the top row is currently the cheapest by our estimate.

How much more does a bank wire cost for 500 EUR?

Using the reference rate on 2026-10-08, our model puts the gap at about 1,308.41 UAH versus the cheapest option. Rates and pricing change daily.

How can my recipient in Ukraine receive the money?

Common payout options are Ukrainian bank cards and accounts. Availability differs by provider, so check before you send.

How long does it take?

Digital services usually take minutes to 1–2 business days; bank wires often take 2–5 business days.

Sources

Official pages checked on