Arminfo.info


 Thursday, December 15 2016 12:52
Alina Hovhannisyan

VTB Bank (Armenia): Visa and MasterCard holders can receive money  transfers to cards by contacting Call Center 

VTB Bank (Armenia): Visa and MasterCard holders can receive money  transfers to cards by contacting Call Center 

ArmInfo. VTB Bank (Armenia) offers all its Visa and MasterCard holders a fast and convenient way to receive money transfers directly to the card by contacting the  Bank's Call Center without visiting the braches.  

The press office of the Bank has told ArmInfo that in order to  receive the money transfer, a customer needs to contact the Call  Center by dialing 87-87, name the personal data, name the system and  code of the money transfer and specify the amount of the transfer.  The money will be instantly transferred to the customer's card in the  needed currency and can be converted into cash at any time and at any  place via the 156 ATMs of VTB Bank (Armenia).  

The source says that the Bank offers special MasterCard  Standard-based VTB Transfer cards to the customers who regularly  receive money transfers. In addition to the specified service, these  cards also provide the customers with an opportunity to receive a  credit line on preferential terms based on the records of the  transfers received, as well as to enjoy a preferential conversion  rate.     

To recall, VTB Bank (Armenia) works with MoneyGram, "Avers",   "Unistream", "Fast Mail", "InterExpress", "Intel Express", "Anelik",   "Ria Money Transfer" and "Sigue Money Transfer" transfer systems,   which ensure high competitiveness of the Bank on the market of bank  services provided to the population.  

According to ArmInfo's Analytical Review "Armenian Banks in Card  Business", VTB Bank (Armenia) retains leadership on the market of  plastic cards both by the number of active cards (both the total  number of cards and the numbers of Visa and MasterCards separately)  and the amount of transactions (both the total number of transactions   and those through ATMs). By 1 October 2016, the number of active  cards of the Bank made up 518 thsd, 79% or 408 thsd are Visa cards.   As compared to the previous year, VTB Bank (Armenia) increased the  total number of active cards by 12.1% due to 4.5- fold growth of  MasterCard number amid decline of Visa cards by 4.5%. The total  amount of transactions in 9 months of 2016 totaled 160 bln AMD with  11.5% growth over year, 147 bln AMD of which are ATM transactions   (with 9.1% y-o-y growth).   By 1 October 2016, VTB Bank (Armenia) had  156 ATMs and 346 POS-terminals. Before 2013 the Bank issued and  served Visa international cards. In September 2013, it became a  principal member of MasterCard and started issuing and serving  Cirrus/Maestro, MasterCard Standard and MasterCard Gold cards. Along  with it, the Bank serves ArCa local cards and has its own processing  center. VTB Bank (Armenia) is a full member of VISA International and  MasterCard Worldwide.

To note, VTB Bank (Armenia) joined VTB Group in April 2004 and is  fully owned by VTB Group, the second biggest bank in Russia. VTB Bank    (Armenia) is one of the leaders of Armenia's banking sector. It has  the largest branch network in Armenia (67 branches in the capital and  in all provinces of the country). 

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