TODAY.AZ / Business

Azerdemiryolbank joined Travelex system

31 March 2006 [10:06] - TODAY.AZ
The Azerdemiryolbank Joint-Stock Bank (JSB) joined the Travelex international money transfer system.

As APA was informs, implementation of money transfer operation through Travelex, one of the most operative international systems, takes 2.5-3 minutes.

As the sum grows, commission charges for money transfer operation decrease. However, the minimal amount of commission charges for a $5 thousand operation makes up 1.9%.

Azerdemiryolbank also operates on the MoneyGram, Migom, Contact, Bistraya Pochta international systems and Shimshek intra-republic money transfer system created by the Bank itself. The Bank has 18 branches at present, including 12 regional branches.


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