OREANDA-NEWS. February 4, 2009. The first transactions were performed within the framework of integration of money transfer systems AVERS (Bank Finance and Credit) and Caspian Money Transfer (ZAMINBANK, Azerbaijan), under the agreement between two systems signed on 16 December 2008.

According to Igor Lvov, Deputy Chairman of the Board, Bank Finance and Credit, - `Integration with Caspian Money Transfer will allow the customers to appreciate AVERS system multifunctionality at its true value, it will offer an opportunity to send and to receive money in over 1,000 outlets in Azerbaijan and CIS countries, to perform money transfers all over the world in reliable and instant manner.

Money transfer fee amounts to only 1.5% of amount of transfer. Money transfer is performed within 10-15 minutes.

Currently the Bank cooperates with 41 agent banks and 4 partners within AVERS system, the number of AVERS outlets in Ukraine made up about 1,000 as of 01.01.2009.