OREANDA-NEWS. November 19, 2008. Since the beginning of the year, Bank 'Finance and Credit' has handled 190 thousand money transfers through AVERS system. AVERS system money transfer turnover has made up US 184 million dollars for ten months in 2008, which is 1.7 times more compared to the same period in 2007 (US 89 million dollars).

"Such positive results show that AVERS system year-by-year gains more and more popularity among Ukrainian citizens. We always care about the quality of the service and tariffs affordability for our customers, because these factors are of high priority for AVERS. Despite intense competition in the money transfer market – according to the NBU data there are 28 international money transfer systems functioning in Ukraine – AVERS system occupies one of the leading positions", said Ihor Lvov, Deputy chairman of the Board, Bank 'Finance and Credit'.

The number of AVERS money transfer points is constantly growing, today there are over 1000 AVERS money transfer points all over Ukraine.

AVERS International monetary transfer system was established in March 2005 by Bank 'Finance and Credit', thus, the Bank cooperates with 38 agent-banks and 4 partners; in June 2008, AVERS system became first Ukraine-based International money transfer system.

AVERS system allows transfer money in national and foreign currencies (US dollars, Euros, Russian Roubles), short text messages and pay for mobile services.