Revolut removes transfer fees for Ukraine-based banks

Monday 28 February 2022 14:08 CET | News

UK-based fintech Revolut has engaged a global security partner to provide emergency logistical support for its Ukraine-based employees, AltFi states.

Revolut, which, according to AltFi, has less than 50 current employees based in Ukraine, is also offering its staff relocation support should they wish to move to another country or somewhere else in Ukraine.

Revolut is also looking to support customers in Ukraine, initially by waiving transfer fees for sending money to a Ukrainian bank account.

The fintech has also already enabled Red Cross to receive donations to fund the Ukrainian relief effort, with donations live in UK, Lithuania, Ireland, Poland, Switzerland, Portugal, Austria, Bulgaria, and Singapore.

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Keywords: Russia Ukraine War, Revolut, bank account, mobile banking
Categories: Banking & Fintech
Companies: Revolut
Countries: Ukraine
This article is part of category

Banking & Fintech


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