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Ukrainian News Agency
December 9, 2013 6:30 AM EST
Welsend Money Transfer System To Be Launched In Armenia
The Welsend money transfer system created by Ukrgasbank, a large bank
in Ukraine, will be launched in Armenia, the financial institution
said in the press-release.
"The Welsend money transfer service will be shortly available in
Armenia,"' the press-release noted.
However, the press-release has not specified which banks or companies
in Armenia it reached the cooperation agreement with.
Georgia introduced the Welsend system at the RivalCredit microfinance
organization (Kutaisi) in September. Ukrgasbank stressed the Welsend
system has transferred a total of UAH 150 million since March 2013.
As Ukrainian News earlier reported, DiamantBank, a mid-sized bank in
Ukraine, employed the Welsend money transfer system in early December
2013.
The system provides money transfer in U.S. dollars, euros, Russian
rubles, as well as hryvnias within Ukraine.
Ukrainian News Agency
From: A. Papazian
December 9, 2013 6:30 AM EST
Welsend Money Transfer System To Be Launched In Armenia
The Welsend money transfer system created by Ukrgasbank, a large bank
in Ukraine, will be launched in Armenia, the financial institution
said in the press-release.
"The Welsend money transfer service will be shortly available in
Armenia,"' the press-release noted.
However, the press-release has not specified which banks or companies
in Armenia it reached the cooperation agreement with.
Georgia introduced the Welsend system at the RivalCredit microfinance
organization (Kutaisi) in September. Ukrgasbank stressed the Welsend
system has transferred a total of UAH 150 million since March 2013.
As Ukrainian News earlier reported, DiamantBank, a mid-sized bank in
Ukraine, employed the Welsend money transfer system in early December
2013.
The system provides money transfer in U.S. dollars, euros, Russian
rubles, as well as hryvnias within Ukraine.
Ukrainian News Agency
From: A. Papazian