Monobank Introduces Instant-Access Investment in Government Bonds as a Dollar and Euro Deposit Alternative

Monobank's New Service

According to ХВИЛЯ: Monobank has launched a new service allowing clients to invest in government bonds as an alternative to traditional foreign currency deposits, with the key benefit of instant withdrawals. This service enables users to invest via dollar and euro 'Jars,' making it accessible to a broad audience. It represents a significant shift in Ukraine's digital banking landscape, offering a flexible way to earn returns on foreign currency holdings.

Co-founder Oleg Gorokhovsky announced the launch of this new offering on February 9, 2026. The investment yields are 3.7% annually for dollars and 2.8% for euros. A primary advantage is that funds are not locked in for a fixed term-clients can withdraw their money at any time. To activate the service, a minimum balance of $1100 or €1100 is required in the respective bank 'Jar.'

Testing Phase and Future Plans

The service is starting in a test mode, limited to 5000 users due to the limited volume of foreign currency bonds in the bank's portfolio. Once the first 5000 users are onboarded, a waiting list will be created. The product's concept was inspired by the international service Wise.

"Now dollars and euros will generate profit, and they can be withdrawn at any moment," noted Oleg Gorokhovsky.

He added: "Under the hood, we will purchase government bonds for the balance of this Jar. You can withdraw any amount back even the very next second after topping it up. Yes, you won't earn anything that quickly, but you also won't lose anything."

To access the new feature, users need to update the Monobank application.

The launch could significantly alter currency investment approaches for Ukrainian clients, providing an opportunity to earn income from assets without locking funds into fixed-term deposits. This competitive offering may also attract new users to the bank. A successful test phase could open additional opportunities for further development of the service and the introduction of new investment products in the future.