OREANDA-NEWS. On March 30, 2007 leading bank in Kazakhstan, JSC “Halyk Bank of Kazakhstan” and Visa International payment system announced launching of a new service “Money from Visa to Visa - 24/7”. This service covers any Visa card issued both in Kazakhstan and abroad, reported the press-centre of Halyk Bank.

With launching of the new service “Money from Visa to Visa - 2007” all holders of Visa cards in Kazakhstan, the number of whom today exceeds 3 million, receive an opportunity, round-the clock and knowing only the number of remittee’s Visa card, to transfer money through Halyk Bank’s ATMs.

Halyk Bank offers this service to holders of Visa cards irrespective of location of the issuer bank. Moreover, Halyk Bank enables to make money transfers in any of the four currencies: Kazakhstani Tenges, Russian Rubles, US dollars and Euros.

Askar Kussainov, Deputy Chairman of the Management Board of JSC “Halyk Bank of Kazakhstan”, says: “Today Halyk Bank’s ATM network is the biggest in Kazakhstan. Halyk Bank’s new service, “Money from Visa to Visa - 24/7”, offers an opportunity to make money transfers to any spot in the world and have round-the clock access to Halyk Bank’s ATMs. Upon implementing the new service “Money from Visa to Visa - 24/7” we confirm once more our willingness to meet needs of our clients”.

The “Money from Visa to Visa - 24/7” service was offered by Visa to its member-banks in CIS countries in early 2006 and Halyk Bank is the first bank in Kazakhstan to complete all works necessary for implementation of the service.

Alexander Kalita, Regional Manager for CIS Countries, Visa, notes: “Today credit cards market is proactively developing in Kazakhstan, and one of the arising important issues is proper management of loans, namely - timely repayment of loans and account replenishment anytime and anywhere. The “Money from Visa to Visa - 24/7” service meets major needs of the modern financial market and we are confident that it will be in demand in Kazakhstani market”.