Opening and managing an account with SEB is free of charge for Ukrainian citizens
SEB allows Ukrainian citizens who have fled the war zone in Ukraine to open a bank account free of charge, and they are also exempted from the obligation to pay the monthly current account fee. For more convenient banking, you can subscribe to the SEB Super+ plan, which includes free transfers on the Internet Bank and mobile bank, as well as bank cards without the maintenance fee. The settlement plan is free of charge for Ukrainian citizens for six months.
‘As a bank, we can contribute and help to mitigate the crisis by providing essential banking services free of charge to Ukrainian citizens fleeing the war. To open an account, you will need an identify document issued in Ukraine. Since access to digital channels is initially limited when arriving in the new country, Ukrainian war refugees will also be able to make payments free of charge at a branch,’ Ainar Leppänen, the Head of Retail Banking at SEB said.
‘We monitor the situation on a daily basis and, if necessary, we will react with additional measures should the need arise,’ Leppänen added.
How to support Ukraine?
The desire to help Ukraine has grown by leaps and bounds, which is why SEB makes all payments to Ukraine free of charge. As payments in euros are the fastest to move, the bank recommends that clients prefer to make payments in euros wherever possible.
‘Fees withdrawn for payments made since 24 February will be refunded retroactively and credited back to the client’s account in the coming days. The introduction of changes will take some time in the banking system, which is why it is currently still charging fees for payments, however, such fees will be compensated afterwards,’ Leppänen commented.
From 1 March, SEB clients will also be able to make payments without fees to the following organisations collecting donations for Ukraine: MTÜ Eesti Pagulasabi, MTÜ Mondo, and MTÜ Ukraina Kultuurikeskus.
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