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Ardshininvestbank Reduces Commission For Money Transfer Through Cont

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  • Ardshininvestbank Reduces Commission For Money Transfer Through Cont

    ARDSHININVESTBANK REDUCES COMMISSION FOR MONEY TRANSFER THROUGH CONTACT SYSTEM

    ArmInfo
    2009-12-04 11:54:00

    ArmInfo. Ardshininvestbank has announced reduction of commission for
    money transfer through Contact international system to 2% instead of
    the previous 3%. As Ardshininvestbank's press service told ArmInfo,
    the bank will carry out transfers by new commission started December 4.

    According to Chairman of Ardshininvestbank Board of Directors Nerses
    Karamanukyan, reduction of the commission on the Contact system will
    become a pleasant Christmas surprise for the clients. The bank has
    been cooperating with the Contact since 2003, carrying out transfers
    in rubles, US dollars and Euro. Along with it, N. Karamanukyan said
    the bank also cooperates with other authoritative international and
    Russian money transfer systems providing the clients with an option.

    To note, started December 4, 2009, Contact Russian money transfer
    system reduces the commission for transfers inside Russia to 1,5%, to
    the near abroad countries - to 2% of the transfer amount. Moreover, the
    Contact introduces a fixed size of a commission fee for big transfers,
    due to which money transfer may cost less than 1%. At present, the
    system's geography covers 90 states, where CONTACT has over 40,000
    points for transfer service. RUSSLAVBANK JSCB is the system's organizer
    and clearing center. To recall, Ardshininvestbank carries out money
    transfer through such systems as MoneyGram, Migom, RIA, Quick Mail
    and the Russian Promsvyazbank, Sotsgorbank, Forabank and Sberbank.
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