Economy 2021-07-15T07:20:41+03:00
Ukrainian news
Volume Of Private Money Transfers To Ukraine Up 30% To USD 5.2 Billion In 9M

Volume Of Private Money Transfers To Ukraine Up 30% To USD 5.2 Billion In 9M

Russia, Ukraine, USA, NBU, abroad, money transfer

The volume of private money transfers to Ukraine from abroad grew by 30% in the first nine months of 2017 to USD 5.192 billion.

This is said the report of the National Bank of Ukraine, Ukrainian News Agency reports.

According to the National Bank of Ukraine, in the first nine months of 2017, USD 2.1 billion came to Ukraine through correspondent accounts of banks (against USD 1.7 billion year over year), USD 1.67 billion through international payment systems (USD 1.6 billion), and USD 1.4 billion through informal channels (USD 746 million).

According to the regulator, major sources of the private money transfers to Ukraine included remuneration of labor estimated at USD 3.1 billion and private transfers estimated at USD 2.1 billion.

The United States is the leader in the terms of private money transfers to Ukraine - USD 547 million (+ USD 108 million). Russia is in the second with USD 460 million (- USD 298 million) and Germany is third with USD 252 million. The United Kingdom and Cyprus are the fourth and the fifth with USD 243 million and USD 218.5 million respectively.

As Ukrainian News Agency earlier reported, the volume of remittances to Ukraine in the first quarter by the money transfer systems created by residents and non-residents amounted to USD 567 million and USD 68 million from Ukraine.

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