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Unibank Puts Into Operation First Teller Machine With Cash-In Functi

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  • Unibank Puts Into Operation First Teller Machine With Cash-In Functi

    UNIBANK PUTS INTO OPERATION FIRST TELLER MACHINE WITH CASH-IN FUNCTION IN ARMENIA
    Author: Editor: Eghian Robert

    Noyan Tapan
    Apr 13 2007

    YEREVAN, APRIL 13, NOYAN TAPAN. Unibank has become the first
    bank in Armenia to put into operation a teller machine with
    cash-in function. (It is installed at the branch at 2 Deghatan
    Street (Yerevan), near the building of the Central Bank of
    Armenia). Presenting the possibilities of the new teller machine,
    director of the bank's plastic cards department Mesrop Hakobian noted
    that in addition to the "usual" cash-out functions, the teller machine
    also accepts US dollars, euros and Russian rubles.

    After the checking of authenticity of banknotes to be accepted,
    information about their nominal value, quantity and total amount
    appears on the cash teller's display, after which the operation
    required by the customer are carried out. M. Hakobian said that besides
    transferring this money to the customer's account, the teller machine
    also exchanges the above mentioned foreign currencies for Armenian
    drams at the exchange rate set by the bank - also without availability
    of a plastic card.

    According to M. Hakobian, in the near future the teller machine will
    be connected to the E-card-banking system, which will allow to repay
    credits and pay interest on them through the teller machine. In his
    words, cash-in functions will gradually be introduced in all teller
    machines of Unibank - their number currently makes 31 and will increase
    to 60 by late 2007.

    As of March 31, 2007, Unibank issued 17,532 plastic cards, including
    14,944 Visa cards and 2,588 ArCa cards.
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