Ukrainians Can Open Bank Accounts in EU

The Temporary Protection Directive, a particular policy that applies to immigrants from Ukraine, also permits persons in this category to create a bank account in the 27-nation bloc, which will ease their current predicament.

Ukrainian nationals who are lawful residents are permitted to open a bank account with all essential features, free of charge or for a fair cost, according to the European Commission website.

Having a bank account gives Ukrainian individuals access to basic services like paying bills, making deposits, and sending money to others. This service is especially useful for Ukrainians trapped in conflict zones who are running low on food and other supplies.

People who want to open a bank account must provide an identity document or other proof of identification. While millions of Ukrainians are fleeing their native country and arriving in Europe, these measures can make life easier for those who already reside there.