Poland's biggest bank to exchange Ukrainian currency

Leszek Szymański/PAP

Poland's biggest bank by assets, PKO BP, has announced that from April 1, Ukrainians will be able to exchange their national currency, the hryvnia, for Polish zlotys at 100 branches.

Ukrainians who have fled to Poland have had trouble exchanging money with exchange offices either not accepting the hryvnia or offering a very poor rate.

PKO BP wrote in a statement released on Thursday: "From April 1, citizens of Ukraine will be able to exchange the hryvnia for zlotys at a further 47 branches of PKO Polish Bank. Earlier this week, exchange of the Ukrainian currency was launched additionally at a branch in Poznan. In total, it will now be possible at 100 of the bank's branches."

The bank added that any adult Ukrainian citizen with an appropriate identification document can exchange up to 10,000 hryvnias (EUR 305.81). The offer applies to 100, 200, 500 and 1,000 hyrvnia notes.