Monobank

Monobank is the first Ukrainian mobile-only bank. Since this financial institution has no branches, the service is provided solely through a mobile app which allows users to open a bank account and make full use of all offered products. The account-opening process has been simplified by dividing it into three easy steps. Potential customers only need a phone, and it takes just five minutes to become a client. The app offers a variety of banking services: from free money transfer and the paying of utility bills with no commission to loans and cashback. Customer support is provided through the most popular messenger services and by telephone.