TheTruthLearner

Opening a Bank Account continued

My friend has done some research and has given me a list of banks that one can look into. He has told me this:

"Just a quick update on the bank situation. Most banks don't require anything at all to open an account. Some require as little as 1 Hryvnia which equates to about 12 cents!

There is a bank called "Privatbank" and they require a 50 Hryvnia deposit which is about 6 dollars....

There are a lot of banks in Ukraine now. All of them are vying for business and will even offer accounts to people with no jobs that give them up to 10,000 hryvnia/$1254 credit!! It's all madness of course and no doubt at some point in the future it will all lead to tears but for now it's very good if your a customer."

Hope that helps a little ?

"Some of the banks you should be looking at are :

PrivatBank

AlfaBank

Raiffeisen

Ukrsibbank

Unicredit

Ukreximbank

OTP

Nadrabank

That should be more than enough to go on. I think Privatbank requires 50 Hryvnia/12 dollars. Alfabank I think is either free or needs just the 1 hryvnia."

Ah, to quote Shakespeare again : "Give me my robe, put on my crown; I have Immortal longings in me."

William Shakespeare

VJ is an American site. Feel free to be like an American

Thanks for the clarification

And thanks for the fact that I can be an "American" here without moving to there

Now that's as they say is "Good Old Fashioned American Hospitality" for You. Thanks again for the welcoming remark

It is not the violence I am concerned about but I am concerned about the treatment issue that will be different as compared to the "other" tourists but it is always better to go there first which indeed I do intend to do

Now here is some of the information I have on Bank Accounts in the Ukraine that comes from Ukrainebiz.com but this was written way back in 1997 and I do not believe it is still applicable though and I quote a portion of the article found on Ukrainebiz.com.

Opening a Bank Account in Ukraine

Shawn Levsen, U.S. Department of Commerce

Reprinted from BISNIS BULLETIN--March 1997

"Ukraine has implemented a strict regime for regulation of banking procedures and U.S. companies will have to meet a variety of demanding legal and administrative requirements when they establish banking relationships there. These requirements have made banking cumbersome. Nevertheless, a number of Western and local banks offer services to U.S. and other foreign companies doing business in Ukraine.

Nearly 100 Ukrainian Banks are authorized to deal in foreign currency

The process for opening a bank account in Ukraine is regulated by the May 1996 National Bank of Ukraine's (NBU) instruction "On the Procedure of Opening Accounts in the National or Foreign Currency of Ukraine." Holders of hard currency accounts must also have another account denominated in hryvnia, the Ukrainian currency. The process of opening an account is complicated and somewhat intrusive, and requires documentation from your state government. An account permitting international transfers requires a license from the NBU. Nearly 100 Ukrainian banks are authorized to deal in foreign currency. Credit Lyonnais, currently the only Western bank licensed in Ukraine, will soon be joined by America's Chase Manhattan and Commerzbank AG of Germany.

Types of Accounts

Several types of bank accounts are authorized under the NBU instruction. There arc two categories--one for legally resident entities and one for those that are not fully resident in Ukraine. Resident entities are entitled to maintain "settlement," "current," "loan," "deposit," and "budget" accounts. The settlement account is used to make payments that are allowed in the account holder's charter. It can also be used to transfer funds to and from foreign entities. Companies usually open at least two settlement accounts, one in a hard currency, and another in hryvnia. Current accounts are essentially the same as settlement accounts but are intended for use by non-commercial entities. Loan accounts are for administering borrowed or loaned funds. The deposit account is used as a savings account. The budget account is for receiving funds from Ukrainian government authorities.

Two types of accounts arc specifically intended for nonresident entities. The "N" account is for non-resident representative offices. It can be used only for maintenance of the office. It cannot be used to conduct business (no contracts, international transfers, or exchanges). The "P" account is used by permanent representative offices that do not exist as a separate legal entity. It is similar to the settlement account, but cannot be used for exchange or capital transactions.

Opening an account is relatively inexpensive, the cost depending on the bank and the type of account. Hard currency accounts can cost up to $150. Fees for opening hryvnia accounts are lower. At least one Ukrainian institution, Percombank, offers no-fee accounts."

Notice it talks about Perecombank and I do not know if this still applies with this bank

And you know all this how?

Dude, just go. You'll be fine.

1. You perhaps do not know as to what I am referring to.... and I will leave that there

2. I know such after reading travel guides on Odessa and coming across information on Odessa police brutality.

3. I am not a bad person but a good person but let's just say I am not those "other kinds" of tourists that go there and will expect a different kind of treatment when I arrive and especially I am referring to the police authorities and that can go for the whole of Ukraine at times.

Also, Trinidad dude: large text is not necessary and in fact annoying. This isn't a board for middle school girls expressing their love for Justin Bieber.

1. I am not a Justin Bieber fan and never will be. I am not into Hollywood celebrities or Hollywood celebrity worship. They don't pay my bills for me at the end of the month anyway.

2. "Dude" is an American term. I am not one. Feel free to use it with those that are.

3. I had to write "Big" so that you could know my perspective about certain issues and about the "site" you made reference to previously which I will stay silent about.... let's just say because of.....and that's all I will say about that with a good laugh added to it. :rofl: As Shakespeare once wrote:

"Give thy thoughts no tongue"

William Shakespeare

"He is winding the watch of his wit; by and by it will strike."

William Shakespeare

or as one man put it....

"He who lives by the crystal ball soon learns to eat ground glass"-Edgar R. Fiedler

4. There now this post contains letters with with a lesser size. Your reading panic should be hopefully now quelled for now. As one person wrote:

"It's not what you look at that matters, it's what you see."

Henry David Thoreau

Thanks for your contribution thought...You've been a real sport..

You should go there. Just book a trip and go. You'll do fine.

Thank you, thank you, thank you -I am sure I will do fine but what I may have to be careful with especially in the Ukraine is police harassment especially in the Odessa region. Police have been known to stop you to check on your travel documents at any given moment's notice even for no apparent reason because "you" appear to them as "suspicious." However "other" visitors can be exempt from such "inspections" by simply not talking in their native language when they pass by a policeman when it is for certain I may not escape such.

Odessa has been known at times for police brutality of its own people might I add.

A K-1 petition is something a US citizen files for. Not someone from another country. - You need to find the correct website for your questions.

1. Say what???? The topic presented here did not incorporate the ideology of the K1-Visa but discusses the Tourist Visa issue. since the Caribbean has no need for such a system and thankfully is freed from it because of the individual sovereignty of each country deciding to not have a system like this in place. Plus some have never even heard of such a thing when it comes to getting someone from another country to migrate to their Caribbean country.

2. Where should I go?-You seem to know perhaps-Do tell as they say!

3. Are you telling me that because I am nonAmerican that I should not have the equal opportunity of wanting to go to an FSU country like Russia or the Ukraine?

The purpose of this topic is to help others who are just like me in the Caribbean who do not know anything about going to an FSU country and as such all great advice that will be given will be welcome and certainly will not be seen as being in vain

As Shakespeare said "All the world's a stage.."

yeah i forgot you weren't usc.

Hooray for Being From Trinidad and Tobago if just for the Brazilian Reason. "Trini to D' Bone"

I'd flip it around on "her." Tell her in order to process the visa you'll need "her" help to the tune of about $100. Tell her it's a processing fee or something and you'd love to pay it but it has to be paid in hvrna and in cash. She has to mail it to you before you can proceed. You really want to go on... but this new rule has to be followed.

Hmm-You make a very interesting point worth considering As Confucius said:

“When it is obvious that the goals cannot be reached, don't adjust the goals, adjust the action steps.”

Confucius

whatever, I don't give a #$%^, just seems like most of the people on this subforum who have successful marriages and met online used elenasmodels.

Why do YOU need a Ukrainian bank account in Trinidad and Tobago? And you shouldn't have to advise a Ukrainian on how to open an account in their own country. Anyone who can't handle that themselves is too stupid to live.

1. As for the People you speak of in reference to that place that is another whole point for debate as well I won't get into.

3. I appreciate your sharing but let's just say don't think I don't know about the place you are referring to or speaking about but...I will leave that one right there and stick with only having a good laugh :rofl: ...But Moving Right along... As Shakespeare said:

"Small to greater matters must give way."-William Shakespeare, "Antony and Cleopatra", Act 2 scene 2

3. I am not interested in opening a bank account in the Ukraine. I am interested in finding out knowledge on what a Ukrainian citizen will have to do in order to open a Bank Account in the Ukraine.

4. I am not interested in giving advice to the Ukrainian citizen about their own country's affairs because I don't live there and I am unqualified to do so. I only wish to gather knowledge about this which can indeed be helpful. I don't think anyone would be against the gathering knowledge now would they? As John F. Kennedy said:

"The goal of education is the advancement of knowledge and the dissemination of truth."

John F. Kennedy

Alright here is what I know already about opening a bank account in the Ukraine according to go2kiev.com

Opening A Bank Account

"Ukrainian currency is called Hryvna and is divided into 100 Kopecks....You can withdraw hryvnas (UAH) and, in some ATMs, USD...Spend all hryvnas before leaving the country as you can't take them out....

To open a bank account in Ukraine, you need your passport and a document to confirm your registration (such as an apartment rental contract or confirmation from the hotel of your stay). Accounts may be in UAH, USD or EUR. Internet banking is available with some banks, including with personal deposit accounts. The highest percentage is given on deposits in UAH, then USD and least in EUR."

1. I think this information applies to Nonresidents.

2. I wonder if the same documentation to a certain extent applies to the Ukrainian citizen as well?

3. I am still curious about the average amount that is needed to start a bank account in the Ukraine.

Hairy Mavis, even worse!!

Who knows and who cares-I'm over her!

Forget it and move on and use elenasmodels or something.

You tell me to use What!!!! Now you have really made me laugh :rofl: with something to also think about of course.

Besides, I have used "elsewhere" already friend but The best way that I can capture and explain this moment is with two quotes:

"I like nonsense, it wakes up the brain cells. Fantasy is a necessary ingredient in living, it's a way of looking at life through the wrong end of a telescope."

Dr. Seuss

"Present mirth hath present laughter, what's to come is still unsure."

William Shakespeare

Anyway I want to know more about the Banking system of Ukraine in terms of how much one must deposit to open a bank account there. Certainly there must be a good bank in the Ukraine where one can start a bank account with a minimum but not an overbearing amount

Plus I already am communicating to another person already from the Ukraine as well-From Kyiv Actually.

you'll be most disappointed as brazil requires usc's to have a visa....

Nope. You are Wrong Friend-You Forget I don't live in the United States and it a well known fact that those from my "neck of the woods" do not need a visa to travel there. I have contacted the Brazilian embassy here friend and they have already told me this-What more can I say to that. My country and Brazil have that understanding already of a visa free regime because we are close to South America already and because of that we have close ties there. Who else would one expect to know about my own country than a citizen such as myself who belongs there!

For information purposes to prove this. Here is what the site riodejaneiro.com says. Read it well

Tourist Visa

Citizens of countries exempted from Brazilian Visa:

...Switzerland, Thailand, Trinidad & Tobago, Tunisia.....etc

Good Lord. You aren't even communicating with this "girl." You are probably talking to "Hairy Boris." They do this for a living. By you confronting him with his errors it will only make him smarter...more able to successfully scam the other dozens "she" is "writing" to.

Actually know I had her phone number and I spoke to her by phone several times so I knew I was dealing with a woman and not a man

Interesting-I have always also wanted to go to Kazakhstan. I look forward teaching me more about there Hooray for the Caribbean still though

I have two quick questions on this topic. I am certain that for traveling purposes a Ukrainian citizen will need to have a tourist visa. I am also certain that an individual will need to have a bank account. My two questions are these:

1. What are some good banks in the Ukraine that one can go to so as to open a bank account? Does anyone know their names?

2. How much is the actual amount that one needs to open a bank account in the Ukraine?

Thanks for all the previous posts.

Yes I am indeed curious

I am curious-What social networking site you were referring to in your listing?

At times like these a good dose of Shakespeare is in order especially four doses seems to be the right amount to be given at this moment in time.:

"All the world's a stage, and all the men and women merely players: they have their exits and their entrances; and one man in his time plays many parts, his acts being seven ages"

William Shakespeare

"How poor are they that have not patience! What wound did ever heal but by degrees?"

William Shakespeare

"He that is giddy thinks the world turns round."

William Shakespeare

"He that loves to be flattered is worthy o' the flatterer."

William Shakespeare

Ah, now who said Caribbean people cannot be Shakespearean-I beg to differ Truly in moments such as these Shakespeare does seemingly answer it all.

Although you are a bit negative and condescending, I thank you for your insight.

I do not know why honestly you would say that to someone that they were "negative and condescending" who was trying to help you. May be it was their picture you did not like -I honestly do not know.

I like you happen to be new here and you know when I joined this forum I came here with one intent and one purpose and that was to LEARN.

One can only learn as they submit themselves to the experience and advice of others who have gone before them.

I happen to be on another forum and an expert in another field other than this one that deals with these particular issues but I am a child when it comes to this field and I would be wise to learn all I can from those who can teach me. Perhaps the wise words of Shakespeare and a Chinese Proverb again can direct us appropriately.

"Words are easy, like the wind; Faithful friends are hard to find."

William Shakespeare (1564-1616) British poet and playwright.

"A man should choose a friend who is better than himself. There are plenty of acquaintances in the world; but very few real friends."

Chinese proverb

Well, well well what an interesting topic-Lots to learn because that's what we are all here for

I want to send a shout out to islandgal-"Wazz Up Dredd"-A Popular Greeting Sent To You By One From One of The Islands

A rule of thumb: It is better to have friends

As Shakespeare once said:

"I count myself in nothing else so happy

As in a soul remembering my good friends."

(Richard II) 2.3.46-7, Bolingbroke to Percy

Where did they move this topic to?

There is more that I will be asking about the Tourist Visa issue but the internal passport issue has been rectified Oh Yeah

Now I will confronting this person

Update

My friend who operates a site that fights against Scams was able to do a point verification check of the internal passport and here is what he found

On Monday, March 12, 2012 at 7:00 AM,XXXX wrote:

Hi XXXX,

As soon as I saw this I can tell you I am almost completely sure this is a fake but I should be able to confirm that later today. For now I can say there are a few things not right. First your not allowed to smile in a photo for these or any other passport. They would not allow you to give a photo with you wearing makeup. The official embossed stamp in the top left should be "over" the photo which it clearly is not and her age is wrong. These passports are issued at age of 16 so the photo would have been of her then, not now.

I am hoping to hear back later just to confirm my suspicions but this is just all wrong to me. Oh and yes she should have sent you a copy of her International Passport because the internal one is only an id and no use at all for travel outside Ukraine so she could not get a visa with it or use it to come to you. Ask for a copy of her International Passport and see how that plays out. Bet she will be offended by that and say you don't trust her. Any "reasonable" person would be fine with that request because you have never met...

Realistically that's a crazy thing to do so the least she can do, for your own peace of mind is help you out with a little more robust identification right?

Best regards

Here is more that my friend was able to share with me

On Tuesday, March 13, 2012 at 8:12 AM, XXXX wrote:

Hi XXXX,

Yes this is definitely a fake. We compared it with the real internal passport and it is missing the embossed stamp that goes over the photo. This is not a surface type stamp but is impressed into the photo and the card. Any decent scammer would have taken the trouble to photoshop that in but obviously this one is either too stupid or just can't be bothered and thought you wouldn't know what to look for.

Also on closer inspection it's easy to see how the photo has been pasted over the original in photoshop.

Coincidently my sister-in-law is just having her internal passport renewed and she confirms you are not allowed to wear makeup or smile in the photo, you should also be looking directly at the camera not with you head tilted down...at least you have an idea what to look out for in the future.

Best regards,

Basically the Internal Passport is a Fake I believe this information can protect others later on