ArmInfo.From now on customers of VTB Bank (Armenia) will again be able to send and receive money transfers using the services of the international IntelExpress system. As the press service of the Bank reports, the system has a number of advantages, including speed - the transfer amount will be available to the recipient within 10-15 minutes, transfers can be made in drams, dollars, euros and rubles.
The system provides high reliability and low tariffs for customers - commission fee will be 1-2%, transfers are available at any service point of the IntelExpress system, and there are 80 of them in 44 countries of the world.
For a more convenient use, VTB Bank (Armenia) offers to use the service of charging a transfer to a card by one call to the information center of the Bank by 8787 number, providing personal information and information necessary for the transfer. "The system creates additional convenience for the transfer recipient, as there is no need to visit the Bank. Money transfer will be transferred to the recipient's card in currency preferred by client and can be obtained in cash through ATM", the source informs.
For those clients who receive regular money transfers, the Bank offers a special MasterCard Standard - VTB Transfer card, which, in addition to the above advantages, provides customers with the opportunity to receive a credit line on favorable terms and offers favorable conditions for currency conversion.
According to the 16th issue of the analytical review "Armenian Banks in Card Business" prepared by ArmInfo, VTB Bank (Armenia) holds the leading position in terms of the number of active cards, both general and MasterCard and Visa, as well as the volume of plastic transactions. Thus, on October 1, 2017, the Bank had almost 334 thousand cards, of which over 181 thousand are MasterCard and about 153 thousand are Visa. For 9 months of 2017, the volume of plastic transactions on VTB Bank (Armenia) cards was 181.2 billion drams, of which about 93% or 167.2 billion are ATM transactions. The Bank managed to increase the volume of plastic transactions by 13.5% y-o-y, and ATM transactions by 14%. Until 2013, VTB Bank (Armenia) issued and serviced only international VISA cards, and since September of that year, becoming a full member of the international payment system MasterCard Worldwide, started issuing and servicing Cirrus / Maestro and MasterCard cards, along with servicing and local ArCa cards. VTB Bank (Armenia) has its own processing.
To note, VTB Bank (Armenia) CJSC became a participant in the VTB international financial group in April 2004. At present, VTB Bank, the second largest bank in Russia, owns 100% of VTB Bank (Armenia). The Bank is traditionally one of the leaders of the banking system of the Republic of Armenia in terms of key indicators. The branch network of VTB Bank (Armenia) includes 67 branches with presence not only in the capital, but also in all regions of the country.