Thursday, December 8 2016 15:46
Alina Hovhannisyan

VTB Bank Armenia: Holders of Mastercard and Maestro can receive money transfers from Russia via "VK" social network

VTB Bank Armenia: Holders of Mastercard and Maestro can receive money  transfers from Russia via "VK" social network

ArmInfo. VTB Bank (Armenia)  informs that holders of Mastercard and Maestro can receive money  transfers from Russia easily, safely and conveniently via "VK"  (Vkontakte) social network. Due to this service both the sender and  recipient will save their time and resources sending and receiving  money in any convenient place twenty four hours a week without  visiting the Bank's branches. The transfers can be made in Russian  Rubles. The minimal amount of transfer is 100 RUR, the maximum  amount-75 thousand RUR, the press-service of the bank informs. 

In order to send a transfer the sender should choose recipient in VK  network, enter his/her profile and twrite in "Message" the amount of  transfer and the number of the card, from which the money will be  sent.  The sender does not need to know the card number of recipient  and his/her name, surname. 

According to the source for receiving transfer recipient should enter  his/her profile in VK network, choose the sender's message and click  on "Receive transfer" button, to enter the number of own card and the  date of its expiry, after which transfer will be credited to the  account. 

Transfers are free for recipient, while due to the Mastercard's  campaign till the end of the year transfers from Mastercard and  Maestro will be free for sender also. Besides, each week if receiving  transfer on Mastercard and Maestro recipient gets a set of stickers  as a gift. 

To recall, VTB Bank (Armenia) works with MoneyGram, "Avers",  "Unistream", "Fast Mail", "InterExpress", "Intel Express", "Anelik",  "Ria Money Transfer" and "Sigue Money Transfer" transfer systems,  which ensure high competitiveness of the bank on the market of bank  services, provided to the population.   

According to ArmInfo's Analytical Review "Armenian Banks in Card  Business", VTB Bank (Armenia) retains leadership on the market of  plastic cards both by the number of cards and the amount of  transactions. By 1 October 2016, the number of active cards of the  Bank made up 518 thsd, 79% or 408 thsd are Visa cards. In  year-over-year terms VTB Bank (Armenia) increased the total number of  active cards by 12.1% due to 4.5-fold growth of MasterCard number  amid decline of Visa cards by 4.5%. The total amount of transactions  in 9 months of 2016 totaled 160 bln AMD with 11.5% growth over year,  147 bln AMD of which are ATM transactions (with 9.1% y-o-y growth).   By 1 October 2016, VTB Bank (Armenia) had 156 ATMs and 346  POS-terminals. Before 2013 the Bank issued and served Visa  international cards. In September 2013, it became a principal member  of MasterCard and started issuing and serving Cirrus/Maestro,  MasterCard Standard and MasterCard Gold cards. Along with it, the  Bank serves ArCa local cards and has its own processing center.

To note, VTB Bank (Armenia) joined VTB Group in April 2004 and is fully  owned by VTB Group, the second biggest bank in Russia. VTB Bank  (Armenia) is one of the leaders of Armenia's banking sector. It has  the largest branch network in Armenia (67 branches in capital and in  all the regions of the country).

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