OREANDA-NEWS. January 04, 2010. Money transfer is one of the highly demanded banking services by population. AsiaUniversalBank confidently holds a leading position in terms of geography and number of money transfer agents in Kyrgyzstan and dedicates continuous efforts to improve quality and range of services offered to its customers. Recently the bank joined MoneyGram, one of the largest money transfer networks globally.

As of today MoneyGram has a network of 186 000 money transfer agents in 190 countries and territories. MoneyGram has operated in CIS and Baltic countries since 1996 and managed to build an extensive network that covers the whole region, including Russia, Tajikistan, Kazakhstan, Ukraine, Belorussia, Azerbaijan, Georgia, Armenia, Uzbekistan, Kyrgyzstan, Moldova and Baltic nations.

MoneyGram transfers are carried out in USD and traditionally associated with the widest geography, promptness and rather small commission fees for customers.

“Today, AsiaUniversalBank customers have an opportunity to send and receive money using 12 popular and competitive money transfer systems, by choosing the one that suits their interests the most. We are glad to work with MoneyGram International. The company makes it affordable, reliable and convenient to send and receive money or make payments. The money transfer system in question successfully operates and receives the highest praise in 190 countries and territories”, Ermek Umankulov, AUB Vice-President for Payment Systems, said. “It worth brining to your attention that MoneyGram while having the widest geographical coverage with 186 000 money transfer agents, offers rather affordable rates, not to mention special rates applicable to specific routes and countries”. Mr. Umankulov added.