Mass payments for non-resident companies

Instead of individual payments for each sole proprietor, send one SWIFT payment and a register with a breakdown of all the sole proprietors receiving regular payments from the company

How does it work?

Create a SWIFT payment to a clearing account of the bank
Enter the web room and see your company’s account balance
Load the register for the payment allocation
monobank pays the amounts from the clearing account to the contractors’ accounts

Benefits of regular payments with monobank

0% fee from the bank

No need to create individual SWIFT payments for each sole proprietor

You pay the SWIFT fee only for one payment

Why is it beneficial for sole proprietors?

Beneficial currency exchange rate

Exchange available 24/7

You can trade currencies between your accounts without exchange loss

How to open an account?

Fill in the documents

For your convenience, opening the account takes only 2 documents to fill in

Statement of accession to the banking agreement Company questionnaire
Prepare notarised copies of the documents

The notarised copies of the documents are required by law

The signer’s passport

The signer’s TIN (for residents)

The signer’s power of attorney (unless the director)

Registration documents

Statute

Ownership structure

Documents verifying ownership

Documents verifying corporate capacity (audit, financial reporting, etc.)

Documents must be attested by the customer.
Send the documents

You can email them or send them to a physical address

Email register@monobank.ua

Address
Kyiv, Avtozavods’ka St, 54/19