Monday, August 14 2017 14:36
Alina Hovhannisyan

Converse Bank and Converse Transfer money transfer system have summed up the stock

Converse Bank and Converse Transfer money transfer system have summed  up the stock

ArmInfo. Converse Bank,  together with  the instant money transfer system Converse Transfer,  summed up the stock held for customers regularly receiving  remittances from abroad. As the press service of the Bank told  ArmInfo, according to the results of the draw among customers who  received transfers through the Converse Transfer system, one got a  ticket for two to the UAE, one became the owner of the iPhone7, and  11 more won cash prizes and gifts.

According to the source, the stock was launched in May, within the  framework of which until July 31 this year. The currency for  customers receiving money transfers from abroad was exchanged  according to the current money transfer systems (Converse Transfer,  Unistream, Money Gram, Best) at the rate of purchase higher than the  one established on that day in the Bank: for dollars - 1 dram higher  than the rate, with the euro - 2 AMD higher, with rubles - 10 lumens  higher. In addition, customers who received money transfers through  the "Converse Transfer" system were offered a credit limit of up to  500 thousand AMD.

To remind, Converse Bank has been operating in the Armenian market  since September 1996. As of January 1, 2017, the Bank's shareholders  are Advanced Global Investments LLc (owned by Eduardo Ernekian) -  80.94%, HayPost Trust Management B.V. - 14.06%, the Cathedral of the  Mother See of Etchmiadzin - 5%, and the indirect holder of 100% of  shares is Holding Company "Blakery Assets" LTD.