YEREVAN, December 7, /ARKA/. One of the largest Armenian commercial banks-Ardshininvestbank- said it has reduced the commission for money transfers via Contact system from 3% to 2%.

The Contact money transfer system operates in 86 countries. Ardshininvestbank has been cooperating with this system since its inception in 2003 remitting money to and from Armenia in USD, Euros and Russian rubles.

‘We are cooperating with prominent international money transfer systems as well as with big Russian banks, seeking to provide our clients with broad opportunities to send and receive money through our bank. I think reducing the commission for money transfers via Contact system is a pleasant surprise for our customers,’ Nerses Karamanukian, Ardshininvestbank board chairman said.

Ardshininvestbank is one of the leaders in Armenia in providing money transfer services via Contact, MoneyGram, Migom, IntelExpress, RIA and Bystraya Pochta systems.

Ardshininvetsbank has 49 branches across Armenia and 6 in Nagorno-Karabakh Republic. It has also a representation in Paris, France. -0-