OREANDA-NEWS. Piraeus Bank set new commission rates on cash transactions that came into effect on 9th September states the bank’s press service with reference to Retail banking department.

In accordance with new tariffs, commission rate for transferring money by individuals in hryvnia to accounts in other authorized banks (without signing of agreement) in favor of individuals, public institutions, businesses and private notaries public equals 1% from the sum of transfer (min UAH 10, max UAH 500).

At the same time, commission rate for the same transaction in favor of educational institutions is 0,7% from the sum of transfer (min UAH 5, max UAH).

What is more, 0,7% from the sum of transfer equals commission for transferring money by individuals in hryvnia to accounts opened in Piraeus Bank (without signing of agreement) in favor of individuals, businesses and private notaries public. Commission minimum rate is UAH 8, maximum – UAH 500. This commission remains the same for the payments in favor of statutory fund replenishment, providing or returning financial assistance (according to agreement of financial assistance) and operations, in which the recipient is Piraeus Bank in Ukraine.