At the end of last week, the monobank team promised this week to include the purchase of non-cash currency in the application with placement on a three-month term deposit, and kept its word – on the evening of August 2, customers received such an opportunity. This was announced by the co-founder of the project Oleg Gorokhovsky.
Updated [10:22]: A stable version with a purchase of currency for iOS is already available in the Apple store. An updated statistic has also emerged – since the launch last night, 6,500 customers have bought nearly $5 million worth of currencies. Average $770 per client.
At the end of July, the National Bank once again changed its monetary policy – raised the dollar and limited payments to hryvnia cards. At the same time, the regulator allowed the sale of non-cash currency by banks to individual clients – subject to further placement on a deposit for a period of 3 calendar months without the right of early termination within a monthly limit of UAH 50,000 (equivalent). And now monobank has implemented such an opportunity for its customers right in the application.
To make it possible to buy dollars and euros under the specified conditions, the application needs to be updated. The update is already available for Android and in beta on iOS (the main version for iOS is going through the standard Apple review process and will appear in the store within 1-2 days). After the expiration of the deposit, its payment can be made to the client’s account or in cash at the branches of partner banks (A-bank and Universal Bank) within the daily limit (equivalent to UAH 100,000).
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Oleg Gorokhovsky noted that in the event of excessive demand, monobank reserves the right to stop selling the currency, however, almost immediately after the launch, he noted a weak demand for the currency. And two hours later, he reported that customers had bought only $ 2.3 million, and this, according to him, was “about nothing” at all.
