Tuesday, December 19 2017 12:36
Alina Hovhannisyan

Instant transfers from Russian cards to VTB Bank (Armenia) cards

Instant transfers from Russian cards to VTB Bank (Armenia) cards

ArmInfo. VTB Group launched instant money transfers for cardholders of VTB Bank (Armenia) from cards of any Russian bank. As ArmInfo was explained in the press service of the Bank, a new service is available at https://perevod.vtb24.ru.

To make a transfer to the sender it is enough to go to the link https://perevod.vtb24.ru, available on the main page of VTB Bank (Armenia), specify the transfer amount and the details of the sender and receiver cards. Transfers are made in Russian rubles, the funds are credited to VTB Bank (Armenia) card in rubles, with a ruble account attached to the card (basically all VTB Bank (Armenia) cards have 4 accounts attached to the card in AMD currencies ), USD (dollar), EUR (euro) and RUB (ruble).

According to the source, the minimum amount of transfer for one day is 100 rubles, the maximum amount is 100 thousand rubles. A commission of 1% min 75 rubles (for Mastercard cards) and min 150 rubles (for Visa cards) is charged for making a transfer from the sender of the transfer, and receiving a transfer is free of charge for the recipient.

Within the framework of the new service, the owners of any cards issued by Russian banks around the clock and instantly can transfer money to VTB Bank (Armenia) cards. In this case, the sender and receiver cards must be issued on the basis of Visa or MasterCard payment systems.

"Considering the specifics of the Armenian market, the large Armenian diaspora abroad, especially in the Russian Federation and a significant share of transfers to the country's GDP, the launch of comfortable money transfer services is important for maintaining the Bank's competitive positions. The uniqueness of the new proposal is that there is no need to visit the Bank's branches for both senders and recipients, the instantaneous transfers, round-the-clock and the minimum necessary data for filling," commented VTB Bank (Armenia).

More detailed information on the terms of the new service can be found in the branches of VTB Bank (Armenia), at www.vtb.am, and also in the Unified Information Service of the Bank at 87-87.

According to the 16th issue of the analytical review "Armenian Banks in Card Business" prepared by NA ArmInfo, VTB Bank (Armenia) holds the leading position in terms of the number of active cards, both general and MasterCard and Visa, as well as the volume of plastic transactions. So, on October 1, 2017, the Bank has almost 334 thousand cards, of which over 181 thousand are MasterCard. For 9 months of 2017, the volume of plastic transactions on VTB Bank (Armenia) cards was 181.2 billion AMD, of which about 93% or 167.2 billion are ATM transactions. The Bank managed to increase the volume of plastic transactions in the annual cut by 13.5%, and ATM transactions by 14%. Until 2013, VTB Bank (Armenia) issued and serviced only international VISA cards, and since September of that year, becoming a full member of the international payment system MasterCard Worldwide, started issuing and servicing Cirrus / Maestro and MasterCard cards, along with servicing and local ArCa cards. VTB Bank (Armenia) has its own processing.

VTB Bank (Armenia) CJSC became a participant in the international financial group VTB in April 2004.  At present, VTB Bank, the second largest bank in Russia, owns 100% of VTB Bank (Armenia). The Bank is traditionally one of the leaders of the banking system of the Republic of Armenia in terms of key indicators. The coverage of the branch network of VTB Bank (Armenia) has 67 branches with presence not only in the capital, but also in all regions of the country. VTB Bank (Armenia) has money transfer systems MoneyGram, Avers, Unistream, Fast Mail, Intel Express, Anelik, Ria Money Transfer, Sigue Money Transfer ".

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