KAZKOM and BTA Bank Integrate ATM Network

OREANDA-NEWS. Kazkommertsbank and BTA Bank launched the process of intergration of their ATMs, by cancelling additional fees for withdrawal of cash for cardholders of both banks as from June 25.

"Before we started estimated combination of BTA Bank and Kazkom, we enhanced convenience for customers of both banks, expanded access to ATM network and made service more profitable - without additional fees", - said the Chairman of the Management Board of BTA Bank Mr. Magzhan Auezov.

Customer audience of BTA Bank and Kazkom exceeds 2.4 million of cardholders. Both banks performed significant work on interaction, revision and adaptation of rates, believing that such integration would become a real step forward to customers as part of the efforts of the Government and the National Bank on cutting the costs of banking services for people.

"Availability of ATMs for BTA customers has increased 2.5 times. The customers of Kazkom will be able to save over one hundred tenge per one transaction on fees when withdrawing cash in ATMs within BTA network and vice versa", - commented Managing Director of Kakommertsbank Mr. Nurlan Zhagiparov.

Kazkommertsbank ATM network is represented by 1360 devices, of which 300 have the function of cash acceptance; ATM network of BTA Bank possesses 848 machines, and, in contrast to Kazkom network, has rather broad branching from geographical point of view: a great number of ATMs is located in towns and remote settlements. All together, they comprise almost a quarter of all ATMs in the country.

Considering that today, according to statistics, more than 87% of cardholders in Kazakhstan continue encashing their funds in ATMs 3-4 times per month at an average, the customers of two largest banks in the country get real advantages from intergration of ATM networks.