GENERICO.ruЭкономикаUkrainians explained how to open an account with an EU bank for free

Ukrainians explained how to open an account with an EU bank for free

More than 2 million Ukrainians have been forced to leave Ukraine for the EU due to Russia's full-scale invasion.

The financial platform Genome has decided to abolish interest for Ukrainians. They can open a European account online and receive money and transfers in the EU, reports the Chronicle.info with reference to Channel 24.

Genome cancels interest for Ukrainians EU due to a full-scale Russian invasion. The Genome electronic financial platform decided to support them by providing the opportunity to:

  • quickly open IBAN accounts in euros,
  • receive payments and transfers from banks operating in EU jurisdiction,
  • pay online and make SEPA transfers.

All citizens of Ukraine will have the opportunity to open and maintain their account free of charge, as well as make transfers within 6 months from the date of opening,
– says in the Genome message.

The company also added that all users receive a virtual debit card, and if they wish, they will be able to order a physical card with delivery to the regions of the European Economic Area. More information can be found by following the link.

Account holders who open them using the Genome financial platform can store money in three currencies:

  • Euro (EUR),
  • British Pound (GBP),
  • American dollar (USD).

«It is hard for me to watch this terrible war. We condemn the Russian invasion of Ukraine and pray that this horror will end as as soon as possible. As a company operating in the field of finance, we are aware of the difficulties that Ukrainians are currently facing, and this is the least we can do for them», says Daumantas Barauskas, CEO of Genome.

What is known about Genome

Genome is an electronic financial platform licensed and operated by the Central Bank of Lithuania. Genome customers can open European accounts to receive and send personal and business transfers within the EU, create accounts for merchants, receive salaries from European banks, process payments, issue cards (physical and virtual), pay utility bills and store money in three currencies.

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