We have already introduced the usage of SWIFT Codes and where to find your code. Then we will recognize some specific bank SWIFTCode and this post will introduce SWIFT PBANUA2X. It refers to JSC CB PRIVATBANK.
First of all, to get the most detailed SWIFT Codes, you can visit XTransfer SWIFT Codes query platform
JSC CB PrivatBank is one of the largest and most important state-owned banks in Ukraine, founded in 1992 and headquartered in Kiev, Ukraine. With more than 19 million active customers, both personal and corporate, the bank has over 1,000 branches across the country, operates 5,000 ATMs and 10,000 self-service terminals, and provides financial services to Ukraine and selected international markets.
PrivatBank has been nationalized by the Government of Ukraine since December 18, 2016 and ownership is exercised by the Cabinet of Ministers of Ukraine on behalf of the state. The bank follows international best practices of corporate governance and has a Management Board and Supervisory Board to ensure transparent and efficient operations.PrivatBank has branches or partner banks in a number of countries, such as Latvia, Portugal, Georgia, etc., and plays an important role in the EU remittance market.
PrivatBank offers a wide range of financial services covering retail banking, corporate banking and digital banking:
- Retail Banking: provides services such as savings accounts, fixed deposits, credit cards and consumer loans.
- Corporate Banking: provides financial support such as loans and leasing to corporate clients.
- Digital Banking: provides customers with convenient digital financial services based on Privat24 online banking and mobile applications.
PrivatBank strives to become the most innovative bank in Ukraine and to promote the country's economic development. Its main goal is to provide efficient financial services to Ukrainian citizens and businesses and to support international financial flows by reducing the cost of remittances. Promoting economic stability and growth in Ukraine.PrivatBank, as one of the largest taxpayers in Ukraine, plays a key role in the country's financial system and optimizes its services to meet customer needs through continuous innovation.
PrivatBank has one of the highest market shares in Ukraine and is a leader in several financial sectors.
PrivatBank's market share in the Ukrainian retail banking market is approximately 36%, making it the absolute leader in this segment. Serving more than 52% of the Ukrainian population, PrivatBank is the main bank for the majority of Ukrainians, and together with state-owned banks such as Oschadbank and Ukreximbank, PrivatBank constitutes a central force in the Ukrainian financial system.
PrivatBank has the largest assets in the Ukrainian banking sector and remains a leader in terms of profitability. in 2024, the bank contributed more than 50% of the net profit of the Ukrainian banking system and was ranked by The Banker magazine as the most profitable bank in Central and Eastern Europe.
PrivatBank holds the No. 1 position in the Ukrainian banking rankings and is the only bank in the country to be included in the Global 500. The bank has an extensive financial infrastructure, including thousands of branches, 5,000 ATMs and 10,000 self-service terminals, and its digital banking service Privat24 excels in the field of online financial transactions, processing millions of transactions per hour.
Suitable for personal cross-border transfers, such as remittances from overseas workers to their home countries, or to friends and relatives abroad. It can be used for payment of international service fees or personal investment.
Applicable to cross-border transactions between enterprises, such as import and export business, supply chain payment, large amount of fund transfer, etc.
It is used to transfer funds from other banks around the world to PrivatBank accounts in Ukraine.
PBANUA2X is mainly used for bank wire transfers, which is an international fund transfer method relying on the SWIFT network, and is usually applicable to large-value or official fund transactions.
When sending money, you need to provide complete beneficiary information, including name, bank account number, bank name and SWIFT code (PBANUA2X).
Bank wire transfers usually charge higher fees and the exchange rates may not be as favorable as those offered by fintech platforms.
International money transfers usually take 1-3 business days, depending on the country and currency.
If you want to reduce handling fees or increase the efficiency of arrival, you can consider third-party payment platforms such as
XTransfer, which usually offer more favorable exchange rates and lower fees.
