Opening an account for an individual entrepreneur (IE) at PrivatBank can be done through the bank's website, Privat24, or the e-Entrepreneur service in Diia. The process takes no more than 5 minutes and consists of just 4 steps, according to the press release.
Until the end of February 2025, there is a special offer for new clients who open an account through e-Entrepreneur in Diia and apply for a Mastercard for payments. The grand prize is a certificate worth 100,000 UAH for upgrading office equipment. Additionally, every month the first 300 clients will receive a mobile account top-up of 500 UAH.
Servicing individual entrepreneurs at PrivatBank includes free account opening and a special "Business Start" tariff, under which there are no fees for cash management services during the first three months. Clients also have access to an extended currency trading session, allowing the deposit of foreign currency on the same day without a fee.