Privat-24 has updated the rules for money transfers: Ukrainians are being informed about the changes

PrivatBank announced innovations to the Privat24 mobile application that have already come into effect. One of the main changes was the improvement in the process of transferring funds between cards, making these transactions faster and more convenient.

To take advantage of the new features, customers can activate the “Transfers via phone” function. This allows you to make transfers using only the recipient’s phone number, without entering the card number. This function is handy for those who often send money to relatives or friends.

In addition, the bank has reduced tariffs for international P2P transfers. By the end of 2025, a new tariff will be in effect – only 1% for transfers to or from foreign cards to Privat24. This solution enables customers to make international transfers more profitably, especially for business people and individuals.

The latest update also changes the application’s main screen and adds a new function for tracking transaction history, simplifying control over financial operations. Quick access to the “Loans” and card settings sections has been introduced, allowing users to manage their finances efficiently. All these updates are aimed at improving the user experience in “Privat24”.