PJSC AgroComBank starts providing services on the “Caspian Money Transfer”money transfer system

2016-04-13

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We are pleased to announce that since April 13, 2016, PJSC AgroComBank has started providing services on the international money transfer system “Caspian Money Transfer” (JSC Zaminbank, Azerbaijan). The “Caspian Money Transfer” system enables transfers of individuals between the CIS countries (Azerbaijan, Russia, Ukraine, Kyrgyzstan, Uzbekistan, Georgia, Tajikistan, Kazakhstan and Moldova) and to Turkey (Cemete Odeme Finansal Danishmanlik Shirketi company). The commission for sending a transfer to the CIS countries is 1% of the amount (minimum US dollars/euro 3, Russian rubles 75), to Turkey 1.5% of the transfer amount. Clients can receive and send funds quickly, profitably and reliably.

For reference: According to the National Bank of Ukraine, the International Money Transfer System “Саspian Money Transfer” (Azerbaijan) accounted for more than USD 70 million of all cross-border transfers to Ukraine in 2014.