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MoneyGram International announces low money transfer fees

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  • MoneyGram International announces low money transfer fees

    MoneyGram International announces low money transfer fees


    May 1, 2010 - 12:26 AMT 07:26 GMT
    PanARMENIAN.Net -

    MoneyGram International, a money transfer company, announced
    significant lower fees for money transfers from Russia to CIS and
    Israel, effective May 1, 2010, coinciding with the Labor Day holiday
    celebration across Russia and the CIS. The lower fees are intended to
    make MoneyGram money transfer services more affordable for CIS
    immigrant workers in Russia who

    remit money back home to support family members. The new fees will be
    offering our customers greater choice, convenience and reliability.

    `MoneyGram has steadily grown its network across Russia and the CIS
    region to provide fast, convenient and reliable money transfer
    services to a global network of over 190 countries and territories,'
    said Peter Hnatiuk, MoneyGram's Regional Director for Russia, the CIS
    and Israel. `The Central Bank of Russia estimates workers in the
    region send more than $18 billion from Russia to the CIS. Our lower
    fees will encourage anyone who hasn't tried MoneyGram services yet to
    discover how convenient, safe and affordable our service is. For our
    current customers, this new pricing will give them even greater
    value.'

    MoneyGram fees from Russia to CIS start from just $2* USD to send up
    to $100 USD, $5* USD to send $300 USD or $8* USD to send $500 USD to
    Armenia, Belarus, Moldova, Georgia, Ukraine, Kazakhstan, Kyrgyzstan,
    Tajikistan, Uzbekistan and Israel.

    Hnatiuk added, `The new low fees are very competitive and provide a
    strong compelling reason to use MoneyGram to send funds to the CIS and
    Israel.'

    MoneyGram's extensive network in Russia includes Rosbank, Uralsibbank,
    Raiffeisenbank, Moscomprivatbank, Vostochniy Express, Russian Standard
    Bank, Asia-Pacific Bank and others. In addition, funds can be
    collected at over 160 CIS banks with more than 14,000 locations
    throughout the entire region.

    MoneyGram International offers more choices for people separated from
    friends and family by distance or those with limited bank
    relationships to meet their financial needs. A leading global provider
    of money transfer services, MoneyGram International helps consumers to
    safely send money around the world with funds arriving at available
    agent locations in as little as 10 minutes, subject to agent hours and
    availability. Its global network is comprised of 190,000 agent
    locations in more than 190 countries and territories. MoneyGram's
    convenient and reliable network includes retailers, international post
    offices and financial institutions.
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