Sun, 23 February
-4.9 C
Yerevan
USD: 394.41 RUB: 4.46 EUR: 412.67 GEL: 140.79 GBP: 498.77
spot_img

Armenian MobiDram joins contact remittance system

YEREVAN, August 21, /ARKA/. CONTACT payment system has announced the joining of a new partner in Armenia – cjsc Mobi Dram which will offer through its branches in Yerevan money remittances, according to a statement on RUSSLAVBANK official webpage.

Mobi Dram’s customers can now make cross-border money transfers via CONTACT system in 100 countries and in Armenia in Russian rubles, U.S. dollars and euros.

Commission for remittances through CONTACT system to Russia and neighboring countries are from 0.65 to 1.3% depending on the amount. The maximum transfer amount is set at 350 thousand rubles or 10 thousand US dollars / euros.

CONTACT system offers also free sms-notifications on the status of the money transfer. The money can be paid in any point of the system in the territory of the country.

“Establishing partnership with Mobi Dram will expand the presence of CONTACT system in Yerevan, where at present there are 251 service points. Their number in the country is more than 1200,’ Svetlana Frolova, Vice President RUSSLAVBANK (JSC), the operator of the payment systems, was quoted as saying.

‘Now even more customers in Armenia will appreciate flexible rates, high quality service and a set of additional services of CONTACT system’, she said. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Arka news agency’s ranking of most profitable Armenian banks in 2019

In 2019, Armenia-based commercial banks earned a total of 78.8 billion drams in net profit, up from 56.4 billion drams they had earned in 2018, according to ARKA news agency's ranking of the most profitable commercial banks in the fourth quarter of 2019

Top ten Armenian banks by size of lending in 2019

In 2019, the overall loan portfolio of Armenia's banking sector grew by 16.4% to 3.572.2 trillion drams

AMX wins two prestigious Global Banking & Finance Awards

The Armenian Securities Exchange (AMX) announces that it has been recognized as the “Best Stock Exchange in the South Caucasus 2025” and the “Fastest Growing Stock Exchange in the South Caucasus 2025” by the prestigious Global Banking & Finance Awards magazine.

Top 10 banks of Armenia by loan portfolio for 1st H 2020

ARKA News Agency has singled out ten banks for their big loan portfolios as of June 30, 2020

LATEST NEWS

spot_imgspot_imgspot_img