Sat, 10 January
-4.9 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

Anelik Bank joins Sigue Money Transfer system

YEREVAN, September 2. / ARKA /. Armenia-based Anelik Bank said today it has joined the Sigue Money Transfer system, formerly known as CoinStar.

The bank’s customers in more than 100 countries will be able to send and receive remittances without account opening. The lowest commission is 1.3% of the remitted amount. Money transfers from Armenia may be made in US dollars and euros, and received also in Russian rubles.

Astkhik Martirosyan, a bank press officer, was quoted as saying in a press release that the bank’s clients are actively using money transfer systems, and the bank is trying to provide them with the widest choice of services.

She said Sigue Money Transfer is the fourth money transfer system the bank has joined this year. The bank’s partners in this area are IntelExpres, Tandem Transfers, Avers, Anelik and MoneyGram “systems.

Anelik bank is owned fully by Lebanese CreditBank.  As of June 30 the bank’s assets stood at 69.2 billion drams, a 15.3 percent surge from the beginning of the year. Its liabilities stood at 56.9 billion drams (a 21.3% rise), the capital was worth 12.3 billion drams (a decline of 6.2%) and its credit investments were 47 billion. drams (a 21.9% growth).  ($ 1 – 411.26 drams). -0

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

 Financial capacity in Armenia has grown, exceeding targets: Central Bank head

Financial capacity in Armenia has increased, and the established national targets have not only been met but also exceeded, said Martin Galstyan, Chairman of the Central Bank of Armenia, during the presentation of the results of the 3rd national survey (barometer) "Assessment of Financial Capabilities of the Population of the Republic of Armenia."

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

LATEST NEWS

spot_imgspot_imgspot_img