Since January 2013 Privatbank canceled currency conversion fee for payments abroad
Customers of Ukrainian Privatbank may now more actively use their plastic cards abroad. As the press service of the bank informed, since January 2013 Privatbank canceled currency conversion fee when one pays for goods and services abroad using his/her plastic cards. The free of charge mode of payments is valid for all payments with the use of Privatbank's cards in any country of the world.
In Privatbank noted that additional earning on currency conversion is a common practice for almost all banks. Some banks use additional fees, others use a special "card" exchange rate.
According to bankers, in the last year the number of customers who paid for goods and services abroad using bank cards, increased sixfold.