Wednesday, January 13 2010 15:22

Private money transfers via Ardshininvestbank totals $150 million for 2009


ArmInfo. Private money transfers via Ardshininvestbank totaled $150 million for 2009 falling 25% as compared to 2008. As regards the number of transfers, it grew versus 2008 and exceeded 265,000 transactions, Tigran Shahinyan, Ardshininvestbank Department for Private Transfers, told ArmInfo.

He said December proved the most active for Ardshininvestment by the volume of private transfers. "Since 2004, the biggest volume of money transfers via our bank was usually registered in August because of preparations for the new educational year and working season. Nevertheless, in 2009 the situation changed," T. Shahinyan said. He said the share of private transfers to Russia proved the largest - 68% of total. Transfers to the USA made up 15% of total. Contact system of money transfers proved the most preferred by the banks clients out of the 10 money transfer systems dealing with Ardshininvestbank. Its share was 35% of total transfers. The second popular system was MoneyGram. T. Shahinhyan said that within 2010 Ardshininvestbank will bolster activity in private money transfers by various actions and involvement into new international payment systems, including "Zolotaya Korona" and others.


Ardshininvestbank deals with the following international systems: Contact, MoneyGram, Migom, IntelExpress, RIA, "Bistraya Pochta" and cooperates with the Russian Promsvyazbank, Socgorbank, Fora Bank and Sberbank.