Ukraine received almost $12 billion in remittances in 2019

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Ukraine received almost $12 billion in remittances in 2019, while $600M was transferred from Ukraine abroad, NBU reports.

A fifth of money transfer transactions worth $2.271 billion were carried out to Ukraine via 37 money remittance systems, most of which (30 systems) was created by residents, while seven – by non-residents (four systems from the U.S. and three from Georgia, Canada, and Azerbaijan), the regulator said on its website on February 14.

In particular, money transfers to Ukraine via money remittance systems from Israel accounted for 14%, those from Italy for 9%, from russia for 7%, from Poland for 7%, and from other 219 countries for 45%.

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