According to the Independent Association of Ukrainian Banks, the UNISTREAM International Money Transfer System leads Ukraine in the number of affiliated banks. To date, the number of UNISTREAM service points in Ukraine is more than 20,000. This number has almost doubled over the last year (since October 2012).
Cooperation with Nadra Bank is yet another step by UNISTREAM to expand its presence in Ukraine. This year, Nadra Bank celebrates its 20th anniversary. It is one of the largest banks in Ukraine in terms of assets. The Bank has the fifth largest regional chain of offices, reaching 290 localities within the country.
“Nadra Bank has always selected its partners among the most reliable companies with whom we can provide our customers the best terms and service quality. Our cooperation with the UNISTREAM money transfer system is no exception. Now hundreds of thousands of Ukrainians, and customers of our bank in all regions of Ukraine, can use the services of this major money transfer system. It is one of the largest systems in the CIS with millions of customers around the world,” said Vitaly Bachinsky, deputy head of Nadra Bank’s retail side.
Customers can send and receive UNISTREAM money transfers at Nadra Bank offices in the most convenient way— as non-address transfers. Customers can transfer their funds in Russian rubles, U.S. dollars, and Euros to more than one hundred countries where the system operates. For example, the commission fee for transfers to Russia and to the CIS countries is 0.1 % of the amount transferred. UNISTREAM customer cards are also available for free at Nadra Bank offices.
“Partnering with Nadra, one of the largest banks in the country actively involved in retail operations, is an important step in expanding our presence in Ukraine. We are confident that the bank’s customers will appreciate the fast, reliable, and convenient UNISTREAM money transfers. We are constantly working to expand opportunities for customers. Today, they can transfer money via the UNISTREAM system in ten different ways,” said Kirill Palchun, Chairman of the UNISTREAM Bank Management Board.
UNISTREAM International Money Transfer System is one of the most popular such systems in Russia and the CIS. It is currently operating in over 100 countries in more than 333,500 locations, including self-service terminals. UNISTREAM operates its own networks in Greece, the UK, and Cyprus. More than 450 financial institutions around the world are partners of the system.
In 2012, UNISTREAM was named the Best Money Transfer System in Eastern Europe by the International Association of Money Transfer Networks (IAMTN) and Global Banking & Finance Review Awards.
In 2012, UNISTREAM became one of the co-founders of the National Payments Council, a non-profit partnership established under the aegis of the Central Bank of Russia and Russian Banks Association.
Public Joint Stock Company “Commercial Bank Nadra” was founded in 1993. Today, Nadra is a universal commercial bank among the largest banks in Ukraine. Nadra Bank is a member of the Guarantee Fund for Deposit of Individuals. The authorized capital of the Bank is UAH 3.9 billion. Nadra’s regional chain is the 5th largest in Ukraine. The Bank has 543 offices and 1,100 ATMs in 290 localities. Centragas Holding AG, the company affiliated with Group DF (owned by Dmitry Firtash) is the key shareholder of Nadra Bank.