Baku, Fineko/abc.az. CONTACT system and AFB Bank have announced today about signing of a partnership agreement within the framework of provision of money transfer services, which now can be sent and received in the offices of this financial institution located in the territory of Azerbaijan.

The system reports that AFB Bank’s customers can now carry out local and cross-border money transfers via CONTACT system in 100 countries around the world. Money transfer operations can be conducted at Bank’s branches and sub-branches located in Baku, Gabala, Sumgait, Ganja and Lokbatan.

Fees for remittance services via CONTACT system in Russia and CIS countries from AFB Bank’s offices were set to range from 0.75% to 1.5% depending on the money transfer amount. At that, the maximum transfer amount is 350,000 rubles or 10,000 US dollars/euro. Among the additional services CONTACT system provides free sms-informing of its customers about the status of remittance and supports unaddressed format - the money can be paid at any point of the system in the territory of Azerbaijan.

Vice-president of RUSSLAVBANK (system operator) Svetlana Frolova pointed out that partnership with such a young and dynamically developing financial institution as AFB Bank will create for the customers in Azerbaijan even more comfortable conditions with money transfers and enable the Bank to expand much the range of proposals for individuals.

"AFB Bank became the 33rd partner of CONTACT system in Azerbaijan, where its services can be enjoyed almost in 800 service offices in 100 cities and towns across the country," Frolova said.

08.08.2012 11:55