Finance Ministry updates list of banks for payment to state employees

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Currently, 45 banks are authorized to make such payments.

A new list of banks for payment to state employees has been published. Photo: ukranews.com

The Finance Ministry of Ukraine has expanded the list of banks through which pension, cash assistance and salaries will be paid to employees of budgetary institutions. According to information on the agency’s website, the new list includes Procedit Bank, Concord Bank and Creditworks Bank.

As of June 2, 45 out of 75 banks are authorized to make such payments. The list includes: Oschadbank, Privitbank, Ukragsbank, Ugrabembank, Agroposparis Bank, Accordbank, Accent Bank, Alpha-Bank, Alliance, Vostok, Globus, East-Ukrainian Grant Bank, Idea Bank, Industrial Bank, Clearing House, Commercial Industrial Bank, Concord, Credit Bank, Credit Denepar Bank, Credit Agricole Bank, Cradobank, Kristalbank, Lviv, Megabank, Metabank, International Investment Bank, Motor Bank, MTB Bank, OTP Bank, Pivdenny, Piraeus Bank MKB, Polikombank, Poltava Bank, Pravex Bank, Procredit Bank, First Ukrainian International Bank, Radabank, Raiffeisen Bank Aval, Sich, TAScombank, Ukrbudinvestbank, UkrSibbank, Universal Bank, Forward and Unex Bank.

The reference PAYSPACE magazine

Recall that the National Bank of Ukraine has adapted the process of transferring money by employers to pay salaries to employees.

As noted on the NBU website, following the introduction of an international bank account number in Ukraine, the employer was able to generate a statement on crediting employees with the IBAN standard, including the account where the employee freely made his or her choice. Was opened in K bank.

Read: Fall or Rise: What will happen to the salary after quarantine


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