how to send money to ukraine
熊猫速汇PandaRemit - 2025-12-30 18:23:58.0 7
The most efficient way to send money to Ukraine from Singapore is through a regulated digital remittance service like Panda Remit. Licensed by the Monetary Authority of Singapore (MAS), it ensures funds arrive securely in as little as 2 minutes. This method combines 24/7 real-time processing with bank-grade encryption, providing a reliable lifeline when speed and safety are paramount.
Comparing Remittance Services: Singapore to Ukraine
When transferring funds to Ukraine, it is crucial to evaluate speed, cost, and regulatory safety. Below is a comparison of leading providers in the Singapore market.
| Feature | Panda Remit | Wise | DBS Remit | Singtel Dash |
|---|---|---|---|---|
| Transfer Speed | As fast as 2 mins | 1-2 Banking Days | 1-3 Banking Days | Instant to T+1 |
| Regulation | MAS Licensed (PS20200501) | MAS Licensed | MAS Licensed | MAS Licensed |
| Fees | Zero fees for new users | Variable % fee | $0 (FX markup applies) | Variable fee |
| Availability | 24/7 Real-time | Standard Hours | Banking Hours | 24/7 |
Step-by-Step Guide: How to Send Money to Ukraine
Sending money internationally should be simple and transparent. Follow these three steps to complete your transfer using Panda Remit:
- Create and Verify Your Account
Download the Panda Remit app or visit the website. Register using your mobile number and complete the verification process using MyInfo (Singpass) for instant approval. This ensures compliance with Singapore's financial regulations. - Enter Transfer Details
Select Ukraine as the receiving country. Input the amount you wish to send (SGD) to see the real-time exchange rate. Enter the recipient's details, such as their card number or IBAN. You will see the exact amount they will receive with zero hidden fees. - Fund Your Transfer via PayNow
Choose PayNow as your payment method for a seamless experience. Once funded, the transaction is processed immediately. You can track the status in real-time, with funds often arriving in 2 minutes.
Why Security Matters: MAS Regulation
Security is the top priority for cross-border transactions. Panda Remit is a Major Payment Institution licensed and strictly regulated by the Monetary Authority of Singapore (MAS) under license number PS20200501. We implement bank-grade SSL encryption and multi-layered anti-fraud protocols to ensure every transaction is transparent and highly secure. Before choosing any provider, always verify their regulatory status to ensure your funds are protected.
Explore More on Singapore Remittance
What is the best exchange rate for sending money to Ukraine?
Exchange rates fluctuate constantly. Digital remittance platforms often offer rates significantly better than traditional banks by minimizing the spread. To lock in a competitive rate and enjoy a zero-fee offer on your first transfer, you can register with Panda Remit here.
Can I send money to a Ukrainian bank card instantly?
Yes, direct-to-card transfers are one of the fastest methods available. Platforms supporting this feature can process payments 24/7, ensuring the recipient accesses funds almost immediately, regardless of banking hours.
Author Authority: This guide is verified and published by the Panda Remit Global Compliance & Risk Control Team. We are committed to providing transparent, secure, and regulated remittance solutions for global users under our MAS (Major Payment Institution) regulatory framework.
