Press Release: RemitBee and PrivatBank Forge Partnership to Facilitate Transfers between Canada and Ukraine

Mississauga, Canada – February 27, 2024 – RemitBee, a leading international money transfer service, proudly announces its partnership with PrivatBank, Ukraine's largest commercial bank, enabling seamless transfers between Canada and Ukraine. RemitBee now stands as PrivatBank's only direct Canadian partner for remittances, solidifying its position as a trusted conduit for cross-border financial transactions.

This collaboration empowers PrivatBank's customers to leverage RemitBee's robust platform for convenient and secure fund transfers to their loved ones in Ukraine. It underscores RemitBee's commitment to providing accessible and efficient remittance services while expanding its global reach.

Dmytro Musienko, a board member of PrivatBank, expresses enthusiasm for the partnership, stating, "So that the numerous diaspora and Ukrainians currently abroad can always conveniently and quickly support their relatives and friends in Ukraine, we are expanding the geography of partners of the PrivatMoney system of affordable money transfers and are entering the Canadian market. The bank's unique technologies allow you to receive transfers online from any country in the world simply to your card, without any extra effort or expense."

Maksym Vahkriv, Product Lead at RemitBee, comments on the launch, saying, "This milestone, a result of tireless dedication and a landmark direct partnership with Ukrainian banks, not only marks us as the first Canadian remittance company to achieve this feat but also reflects our commitment to making financial support for Ukrainians more accessible and affordable. As a Ukrainian leading this project, I am immensely proud and excited for the opportunity to serve and connect our communities more closely."

RemitBee's user-friendly platform, coupled with PrivatBank's innovative technologies, ensures that customers can transfer funds with ease and confidence, knowing that their transactions are conducted securely and efficiently.

For more information about RemitBee’s transfers to Ukraine, visit www.remitbee.com/ukraine .

For media inquiries, please contact:

Bhaneeta Chadha [email protected]

About RemitBee :

Founded in 2015, RemitBee is a leading Canadian fintech company specializing in cross-border payments and currency exchange. Its mission is to "Spark the financial revolution by connecting people and money - across borders, currencies, and cultures." With over 100 recipient countries, RemitBee has become known for its affordable rates, dependability, and speed globally.

About PrivatBank :

PrivatBank is the largest innovative bank in Ukraine, which has been relentlessly introducing new technologies for its clients for 30 years. The result of PrivatBank's digitization and progressiveness is recognized worldwide.