Cash transactions at PrivatBank — when commissions are charged.
The commission percentage of the state 'PrivatBank' for card transactions depends on various factors, such as the type of card, the location of cash withdrawal (in Ukraine or abroad), the amount of money, and other aspects. This was reported by the bank.
Commission for cash withdrawal from PrivatBank salary cards
One client shared their experience on social media regarding the commission charge during cash withdrawal from a salary card at an ATM. They asked whether the fees had changed. The bank explained that all fees are available on the official website, and the commissions for popular services remain unchanged. There is no commission for cash withdrawals at PrivatBank ATMs, but the situation may differ for salary cards.
'A salary card is a card for receiving salary and other payments from the employer. This tool allows you to manage funds online, pay for services cashless, and withdraw cash with no commission,'— the bank explained.
Salary cards offer a number of free services for employees under the salary project terms.
What commission percentage is charged for other transactions
PrivatBank credit cards can have different commission percentages. For example, withdrawing your own funds from ATMs incurs a 1% fee on the amount, while foreign bank withdrawals incur a 2% fee. Cash withdrawals abroad are also subject to a 2% commission. Be careful, being informed about the commissions is important before making transactions.
In conclusion, the commission for card transactions at PrivatBank varies depending on various factors, and it is better to familiarize yourself with the fees in advance to avoid unpleasant surprises.
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