Baku, Fineko/abc.az. OJSC Texnikabank has connected to IBA-EXPRESS money transfer system of International Bank of Azerbaijan.

The bank reports that Texnikabank will conduct money transfer operations with IBA’s subsidiaries in Russia and Georgia on this system.

" According to IBA-EXPRESS tariff schedule, commission rates for transferred 300 dollars / euro make 3 dollars / euro and 90 roubles, from $300- to $ 500.000 dollars / euro and 15 million roubles- 1%»,- the report says.

The report also says that in the nearest future Texnikabank will connect to advanced Turkish money transfer system UPT (Ucuz Para Transferi).

Texnikabank is the leader of Azerbaijan’s bank market on the volume of money transfers and already cooperates with such money transfer systems as Western Union, Migom, Contact, Private Money, Blizko, Lider, Allure, Faster, Caspian Money Transfer, Zolotaya Korona, Xpress Money, IBA-EXPRESS.

05.06.2012 16:48