ProPay
What is ProPay
ProPay is a quick international money transfer system, designed for private individuals, through the means of which interbank money transfers among ProCredit Group of Banks are performed.
If You and the Receiver have accounts opened with ProCredit Bank in the following countries: Germany, Albania, Bosnia and Herzegovina, Bulgaria, Georgia, Greece, Kosovo, Macedonia, Romania, Ukraine, Serbia, Ecuador and Moldova, You can execute transfers in these countries, in a convenient way!
What are the benefits of the ProPay system
- ProPay transfer is more than ten times cheaper than an usual FX transfer;
- ProPay transfer is carried out within 3 hours, and the funds sent to the Receiver enter his/her account opened with ProCredit Bank form the respective country the same day;
- Encashment funds are registered in the Receiver’s account in Moldova free of charge.
Note: You shall not bear additional costs (fees of correspondent banks), due to the fact that the transfer is carried out among ProCredit banks.
1. If You intend to receive a ProPay money transfer it is enough:
- To open a current account in ProCredit Bank in the currency You want to receive the transfer;
- To ensure that the Sender has an account opened with ProCredit Bank in the country he/she sends money from (one of ProCredit Group countries);
- To provide the Sender with bank requisites of ProCredit Bank Moldova, specifying Your bank account number.
2. If You intend to send a ProPay money transfer it is enough:
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To open a current account in ProCredit Bank in the currency You want to perform the transfer;
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To ensure that the Receiver has an account opened with ProCredit Bank in the country he/she resides and that You possess the bank requisites, necessary to be filled-in in the payment order;
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To place in Your bank account the amount You want to send plus the amount of fee charged by the paying bank;
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To register international transfer via ProBanking system.
Note:
- The aforementioned terms shall be complied with under the condition of complying with the limits specified in the Bank’s approved price list.
- For transfer of amounts larger than 10 000 EUR You shall submit legal acts, justifying the transfer.
Tariffs:
| Total amount | Fee USD | Fee EUR |
|---|---|---|
| Any transfer | 2,5 USD | 2,5 EUR |
