The Azerbaijan State News Agency

ECONOMY

RUSSIA`S MOBILE OPERATOR INTRODUCING MONEY TRANSFER SERVICES IN AZERBAIJAN

20.08.2010 [12:46]
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Baku, August 19 (AZERTAC). Russia`s Mobile TeleSystems (MTS) OJSC system has announced new free remittance services for its clients in CIS. The new system will enable customers to put the commission amount on his/her mobile phone account while transferring money to Azerbaijan, Belarus, Georgia, Kazakhstan, Moldova, Ukraine and Armenia. The customers should have a passport to transfer money.

The maximum remittance amount is 120 000 rubles. Generally interests for money transfer in Russia makes 1.5%, in CIS countries 2%.

According to Sergey Rumyantsev, Head of MTS retail network, the advantage of the program for sending remittances is short and easy process of registration of transfers for the customer and the lack of unnecessary formalities and requirements to the documents.