YEREVAN, July 4./ARKA/. New affordable tariffs are now introduced for transferring money from Armenia-based Anelik Bank’s head office and 12 branches to Anelik RU OSJC in Moscow, the bank reported Thursday.

In accordance with the reached agreement, SUPER money transfers starting from $3,000, 1,000 euros and 90, 000 rubles will be processed at 0.5-0.7-percent fees, based upon the amount, instead of the previous 0.7-0.9%.

“This competitive tariff, I believe, will increase competitiveness of Anelik money transfer system and enhance its position at the market,” said Arman Shushyan, chief of international affairs and correspondent accounts division at Anelik Bank. 0,7-0,9%.

Anelik Bank was established on July 9, 1990 and registered on October 1, 1991.In October 1996, the bank got its license from the Central Bank of Armenia.Lebanese CreditBank holds 89.95% of Anelik Bank’s shares, and the remaining 10.05% belong to Samvel Chzmachyan, the chairman of the bank’s board.

In 1997, the bank opened its own Anelik system. People in over 90 countries can use it to transfer and receive money.—0-