Ukrposhta is partnering with PrivatBank to offer instant credit for individuals

It will take a PrivatBank client about a minute to obtain up to UAH 50 thousand credit offered by the bank for up to 24 months for any purpose via a PrivatBank POS terminal in one of 1,200 Ukrposhta’s offices in all regions of Ukraine.

“PrivatBank’s high-technology and Ukrposhta’s wide network make it possible for customers all around Ukraine, from small villages to cities, to access modern PrivatBank products quickly and without any additional documents, right in post offices”, commented Artur Muravytskyi, Director of Ukrposhta’s Financial Business Department.

To obtain credit, a holder of a PrivatBank card can use a PrivatBank POS terminal to select the credit amount and term of use, and to activate it by accepting the conditions with a PIN. PrivatBank will credit the amount to the card within 15 minutes. The credit can be repaid early without any extra fees, including via a PrivatBank POS in a post office.