Ukraine's Piraeus Bank has set new commission rates on current accounts, significantly reducing rates on a number of transactions.
The bank also canceled fees for withdrawing cash from accounts at Piraeus Bank's ATMS, through the "Atmosphere" network and with other banks in Ukraine and canceled fees for transferring money between a customer's own accounts.
The bank installed a new fee, however, for incoming non-cash payments from other Piraeus clients in the amount of 0.4 percent of the sum of the transfer.
In addition, the bank revised the commission for converting foreign currency into the local currency, setting it at 1.5 percent of the amount of the transaction.
The new tariffs were enacted on Oct. 14.
Piraeus Bank is a Greek financial services company with its headquarters in Athens, Greece. It operates in 10 countries through a branch network of 1,718 stores. The bank expanded into Ukraine in 2007 by acquiring the International Commerce Bank.
- National Bank of Ukraine removes restrictions on foreign-currency transactions, investment metals
- Black Sea Trade & Development Bank visits Azerbaijan to boost business relationships
- VTB Bank finances three new planes for SunExpress airline
- National Bank of Ukraine makes it easier for businesses to invest abroad
- National Bank of Ukraine eases lending regulations for deposit guarantee funds to other banks
- Black Sea Trade and Development Bank, Russian Federal Corp. for SMEs support business growth
- Oleg Demidov named commercial director for Rosbank Factoring
- Eurasian Development Bank sells bonds on Kazakhstan Stock Exchange
- EY World Entrepreneur of the Year event to name world's top entrepreneur
- ACBA-CREDIT AGRICOLE, Microsoft parter for Armenian digital business technology seminar